Insider Selling: Mark S. Grewal Sells 1,181 Shares of S&W Seed Company Stock (SANW)
S&W Seed Company (NASDAQ:SANW) CEO Mark S. Grewal sold 1,181 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $6.29, for a total value of $7,428.49. Following the completion of the transaction, the chief executive officer now directly owns 88,377 shares of the company’s stock, valued at approximately $555,891. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of S&W Seed Company (NASDAQ:SANW) traded up 1.39% during mid-day trading on Thursday, hitting $6.398. 24,135 shares of the company’s stock traded hands. S&W Seed Company has a 52 week low of $4.82 and a 52 week high of $9.21. The stock’s 50-day moving average is $6.44 and its 200-day moving average is $6.80. The company’s market cap is $74.0 million.
S&W Seed Company (NASDAQ:SANW) last announced its earnings results on Wednesday, May 14th. The company reported ($0.03) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.06) by $0.03. During the same quarter in the prior year, the company posted ($0.07) earnings per share. Analysts expect that S&W Seed Company will post $0.06 EPS 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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