S&W Seed Co. (NASDAQ:SANW) insider Mark S. Grewal sold 76,181 shares of the business’s stock in a transaction dated Monday, October 3rd. The stock was sold at an average price of $5.07, for a total value of $386,237.67. Following the sale, the insider now owns 108,213 shares in the company, valued at approximately $548,639.91. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Shares of S&W Seed Co. (NASDAQ:SANW) opened at 4.86 on Thursday. S&W Seed Co. has a 12-month low of $3.90 and a 12-month high of $5.16. The firm has a market cap of $83.44 million, a P/E ratio of 243.00 and a beta of -0.47. The firm’s 50-day moving average price is $4.88 and its 200 day moving average price is $4.53.
S&W Seed Co. (NASDAQ:SANW) last released its quarterly earnings data on Thursday, September 15th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.02. S&W Seed Co. had a return on equity of 0.67% and a net margin of 0.38%. The firm earned $34.60 million during the quarter. During the same quarter in the prior year, the company earned $0.05 earnings per share. The business’s revenue was up 20.6% compared to the same quarter last year. On average, equities analysts expect that S&W Seed Co. will post $0.12 earnings per share for the current fiscal year.
Separately, Roth Capital set a $8.00 price objective on S&W Seed Co. and gave the stock a “buy” rating in a report on Wednesday, September 14th.
Several hedge funds have recently made changes to their positions in SANW. Carnick & Kubik Group LLC acquired a new stake in shares of S&W Seed Co. during the second quarter valued at approximately $173,000. Cove Street Capital LLC acquired a new stake in shares of S&W Seed Co. during the second quarter valued at approximately $457,000. SG Capital Management LLC boosted its stake in shares of S&W Seed Co. by 0.7% in the second quarter. SG Capital Management LLC now owns 143,346 shares of the company’s stock valued at $625,000 after buying an additional 961 shares during the last quarter. Algert Global LLC boosted its stake in shares of S&W Seed Co. by 159.4% in the second quarter. Algert Global LLC now owns 32,465 shares of the company’s stock valued at $142,000 after buying an additional 19,951 shares during the last quarter. Finally, BlackRock Fund Advisors boosted its stake in shares of S&W Seed Co. by 53.3% in the second quarter. BlackRock Fund Advisors now owns 56,966 shares of the company’s stock valued at $248,000 after buying an additional 19,812 shares during the last quarter. Institutional investors own 60.03% of the company’s stock.
About S&W Seed Co.
S&W Seed Company is a producer and distributor of alfalfa seed around the world. The Company’s alfalfa seed business encompasses the production, breeding and sale of non-dormant and dormant conventional varieties, and the potential for production and sale of genetically modified organism (GMO) varieties.
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