Insider Selling: S&W Seed Company VP Unloads 5,000 Shares of Stock (SANW)
S&W Seed Company (NASDAQ:SANW) VP Fred G. Fabre sold 5,000 shares of the stock on the open market in a transaction dated Friday, June 20th. The shares were sold at an average price of $6.37, for a total value of $31,850.00. Following the completion of the transaction, the vice president now directly owns 215,000 shares in the company, valued at approximately $1,369,550. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of S&W Seed Company (NASDAQ:SANW) opened at 6.085 on Tuesday. S&W Seed Company has a one year low of $4.82 and a one year high of $9.21. The stock’s 50-day moving average is $6.70 and its 200-day moving average is $6.79. The company’s market cap is $70.3 million.
S&W Seed Company (NASDAQ:SANW) last announced its earnings results on Wednesday, May 14th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.03. During the same quarter in the previous year, the company posted ($0.07) earnings per share. On average, analysts predict that S&W Seed Company will post $0.06 earnings per share for the current fiscal year.
Separately, analysts at Zacks reiterated an “outperform” rating on shares of S&W Seed Company in a research note on Wednesday, May 14th. They now have a $12.00 price target on the stock.
S&W Seed Company (NASDAQ:SANW) is engaged in breeding, contracting to grow, processing and selling agricultural commodities, which primarily include alfalfa seed and, to a lesser extent, wheat.
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