AgroFresh Solutions, Inc. (NASDAQ:AGFS) major shareholder Dowdupont Inc. purchased 30,907 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was acquired at an average price of $6.03 per share, with a total value of $186,369.21. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Thursday, November 30th, Dowdupont Inc. purchased 55,792 shares of AgroFresh Solutions stock. The stock was acquired at an average price of $5.96 per share, with a total value of $332,520.32.
  • On Tuesday, November 28th, Dowdupont Inc. purchased 55,590 shares of AgroFresh Solutions stock. The stock was acquired at an average price of $5.78 per share, with a total value of $321,310.20.
  • On Wednesday, November 22nd, Dowdupont Inc. purchased 27,078 shares of AgroFresh Solutions stock. The stock was acquired at an average price of $5.39 per share, with a total value of $145,950.42.
  • On Friday, November 24th, Dowdupont Inc. purchased 54,063 shares of AgroFresh Solutions stock. The stock was acquired at an average price of $5.55 per share, with a total value of $300,049.65.

Shares of AgroFresh Solutions, Inc. (NASDAQ AGFS) traded up $0.57 during trading hours on Tuesday, hitting $6.46. The stock had a trading volume of 136,857 shares, compared to its average volume of 155,124. AgroFresh Solutions, Inc. has a 1 year low of $2.49 and a 1 year high of $9.05. The stock has a market capitalization of $293.97, a PE ratio of 584.00 and a beta of 0.89. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.28 and a current ratio of 2.51.

Several large investors have recently made changes to their positions in the company. Nationwide Fund Advisors raised its stake in shares of AgroFresh Solutions by 26.7% in the second quarter. Nationwide Fund Advisors now owns 17,016 shares of the basic materials company’s stock worth $122,000 after purchasing an additional 3,582 shares during the last quarter. Rhumbline Advisers raised its stake in shares of AgroFresh Solutions by 20.3% in the second quarter. Rhumbline Advisers now owns 23,333 shares of the basic materials company’s stock worth $168,000 after purchasing an additional 3,931 shares during the last quarter. Citadel Advisors LLC raised its stake in shares of AgroFresh Solutions by 41.4% in the second quarter. Citadel Advisors LLC now owns 15,389 shares of the basic materials company’s stock worth $110,000 after purchasing an additional 4,509 shares during the last quarter. TIAA CREF Investment Management LLC raised its stake in shares of AgroFresh Solutions by 8.9% in the first quarter. TIAA CREF Investment Management LLC now owns 69,347 shares of the basic materials company’s stock worth $303,000 after purchasing an additional 5,648 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of AgroFresh Solutions by 2.9% in the first quarter. Geode Capital Management LLC now owns 204,662 shares of the basic materials company’s stock worth $894,000 after purchasing an additional 5,753 shares during the last quarter. Hedge funds and other institutional investors own 72.61% of the company’s stock.

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

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AgroFresh Solutions Company Profile

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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