AgroFresh Solutions, Inc. (NASDAQ:AGFS) major shareholder Dowdupont Inc. acquired 61,814 shares of the stock in a transaction that occurred on Wednesday, December 6th. The shares were bought at an average cost of $6.41 per share, with a total value of $396,227.74. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Monday, December 4th, Dowdupont Inc. acquired 30,907 shares of AgroFresh Solutions stock. The shares were bought at an average cost of $6.03 per share, with a total value of $186,369.21.
  • On Thursday, November 30th, Dowdupont Inc. acquired 55,792 shares of AgroFresh Solutions stock. The shares were bought at an average cost of $5.96 per share, with a total value of $332,520.32.
  • On Tuesday, November 28th, Dowdupont Inc. acquired 55,590 shares of AgroFresh Solutions stock. The shares were bought 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 bought 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 bought at an average cost of $5.55 per share, with a total value of $300,049.65.

Shares of AgroFresh Solutions, Inc. (AGFS) traded up $0.21 during mid-day trading on Thursday, reaching $6.67. 343,800 shares of the company’s stock traded hands, compared to its average volume of 155,927. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.51 and a quick ratio of 2.28. AgroFresh Solutions, Inc. has a 52 week low of $2.49 and a 52 week high of $9.05. The stock has a market cap of $325.18, a PE ratio of 646.00 and a beta of 0.89.

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

A number of equities analysts recently weighed in on the stock. BidaskClub raised shares of AgroFresh Solutions from a “strong sell” rating to a “sell” rating in a research report on Thursday. 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 report 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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