AgroFresh Solutions Inc (NASDAQ:AGFS) Major Shareholder Acquires $186,369.21 in Stock

AgroFresh Solutions Inc (NASDAQ:AGFS) major shareholder Dowdupont Inc. purchased 30,907 shares of the business’s stock in a transaction dated Monday, December 4th. The shares were acquired at an average price of $6.03 per share, for a total transaction of $186,369.21. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Large shareholders that own at least 10% 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, December 26th, Dowdupont Inc. purchased 29,617 shares of AgroFresh Solutions stock. The shares were acquired at an average price of $7.00 per share, for a total transaction of $207,319.00.
  • On Monday, December 18th, Dowdupont Inc. purchased 18,501 shares of AgroFresh Solutions stock. The shares were acquired at an average price of $7.00 per share, for a total transaction of $129,507.00.
  • On Thursday, December 14th, Dowdupont Inc. purchased 5,030 shares of AgroFresh Solutions stock. The shares were acquired at an average price of $6.98 per share, for a total transaction of $35,109.40.
  • On Tuesday, December 12th, Dowdupont Inc. bought 67,669 shares of AgroFresh Solutions stock. The stock was purchased at an average price of $6.93 per share, for a total transaction of $468,946.17.
  • On Friday, December 8th, Dowdupont Inc. bought 60,966 shares of AgroFresh Solutions stock. The stock was purchased at an average price of $6.82 per share, for a total transaction of $415,788.12.
  • On Wednesday, December 6th, Dowdupont Inc. bought 61,814 shares of AgroFresh Solutions stock. The stock was purchased at an average price of $6.41 per share, for a total transaction of $396,227.74.
  • On Thursday, November 30th, Dowdupont Inc. bought 55,792 shares of AgroFresh Solutions stock. The stock was purchased at an average price of $5.96 per share, for a total transaction of $332,520.32.
  • On Tuesday, November 28th, Dowdupont Inc. bought 55,590 shares of AgroFresh Solutions stock. The stock was purchased at an average price of $5.78 per share, for a total transaction of $321,310.20.
  • On Wednesday, November 22nd, Dowdupont Inc. bought 27,078 shares of AgroFresh Solutions stock. The stock was purchased at an average price of $5.39 per share, for a total transaction of $145,950.42.
  • On Friday, November 24th, Dowdupont Inc. bought 54,063 shares of AgroFresh Solutions stock. The stock was purchased at an average price of $5.55 per share, for a total transaction of $300,049.65.

AgroFresh Solutions Inc (AGFS) traded up $0.07 during mid-day trading on Friday, reaching $7.40. 110,179 shares of the company traded hands, compared to its average volume of 146,150. AgroFresh Solutions Inc has a 1-year low of $2.49 and a 1-year high of $9.05. The firm has a market capitalization of $368.97, a price-to-earnings ratio of -5.29 and a beta of 0.89. The company has a current ratio of 2.51, a quick ratio of 2.28 and a debt-to-equity ratio of 1.05.

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

Separately, BidaskClub upgraded shares of AgroFresh Solutions from a “strong sell” rating to a “sell” rating in a report on Thursday, December 7th.

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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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