AgroFresh Solutions, Inc. (NASDAQ:AGFS) major shareholder Dowdupont Inc. acquired 55,792 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The shares were acquired at an average cost of $5.96 per share, with a total value of $332,520.32. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Dowdupont Inc. also recently made the following trade(s):

  • On Tuesday, November 28th, Dowdupont Inc. acquired 55,590 shares of AgroFresh Solutions stock. The shares were acquired at an average cost of $5.78 per share, with a total value of $321,310.20.
  • On Wednesday, November 22nd, Dowdupont Inc. acquired 27,078 shares of AgroFresh Solutions stock. The shares were acquired at an average cost of $5.39 per share, with a total value of $145,950.42.
  • On Friday, November 24th, Dowdupont Inc. acquired 54,063 shares of AgroFresh Solutions stock. The shares were acquired at an average cost of $5.55 per share, with a total value of $300,049.65.

Shares of AgroFresh Solutions, Inc. (AGFS) traded down $0.24 during midday trading on Friday, reaching $5.84. 109,959 shares of the company traded hands, compared to its average volume of 155,183. AgroFresh Solutions, Inc. has a one year low of $2.49 and a one year high of $9.05. The stock has a market cap of $293.97, a PE ratio of 579.00 and a beta of 0.87. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.28 and a current ratio of 2.51.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Citadel Advisors LLC grew its stake in AgroFresh Solutions by 41.4% during the 2nd quarter. Citadel Advisors LLC now owns 15,389 shares of the basic materials company’s stock valued at $110,000 after acquiring an additional 4,509 shares in the last quarter. Nationwide Fund Advisors grew its stake in AgroFresh Solutions by 26.7% during the 2nd quarter. Nationwide Fund Advisors now owns 17,016 shares of the basic materials company’s stock valued at $122,000 after acquiring an additional 3,582 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in AgroFresh Solutions during the 3rd quarter valued at about $133,000. Rhumbline Advisers grew its stake in AgroFresh Solutions by 20.3% during the 2nd quarter. Rhumbline Advisers now owns 23,333 shares of the basic materials company’s stock valued at $168,000 after acquiring an additional 3,931 shares in the last quarter. Finally, Private Advisor Group LLC purchased a new stake in AgroFresh Solutions during the 2nd quarter valued at about $168,000. 72.61% of the stock is owned by institutional investors.

Separately, Citigroup reaffirmed a “neutral” rating and set a $8.00 price objective (down previously from $9.00) on shares of AgroFresh Solutions in a research note on Monday, August 14th.

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About AgroFresh Solutions

AgroFresh Solutions, Inc, formerly Boulevard Acquisition Corp., is a developer of agricultural technologies that preserve the freshness and value of fresh produce, including apples, pears, kiwifruit, avocados and bananas, as well as flowers. The Company’s principal product, The SmartFresh Quality System (SmartFresh), regulates the post-harvest ripening effects of ethylene, the naturally occurring plant hormone that triggers ripening in certain fruits and vegetables, through technology.

Insider Buying and Selling by Quarter for AgroFresh Solutions (NASDAQ:AGFS)

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