Old West Investment Management LLC Takes Position in S&W Seed (SANW)

Old West Investment Management LLC bought a new stake in S&W Seed (NASDAQ:SANW) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 261,685 shares of the company’s stock, valued at approximately $824,000. Old West Investment Management LLC owned about 1.26% of S&W Seed as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SANW. Kennedy Capital Management Inc. raised its position in shares of S&W Seed by 5.5% in the second quarter. Kennedy Capital Management Inc. now owns 873,443 shares of the company’s stock valued at $3,625,000 after purchasing an additional 45,248 shares during the period. Neuberger Berman Group LLC bought a new position in shares of S&W Seed in the second quarter valued at approximately $210,000. Cutter & CO Brokerage Inc. raised its position in shares of S&W Seed by 10.9% in the second quarter. Cutter & CO Brokerage Inc. now owns 585,857 shares of the company’s stock valued at $2,431,000 after purchasing an additional 57,679 shares during the period. Finally, B. Riley Financial Inc. raised its position in shares of S&W Seed by 63.1% in the second quarter. B. Riley Financial Inc. now owns 158,054 shares of the company’s stock valued at $656,000 after purchasing an additional 61,121 shares during the period. Hedge funds and other institutional investors own 61.98% of the company’s stock.

A number of research firms have recently commented on SANW. B. Riley reissued a “buy” rating and issued a $6.50 price target on shares of S&W Seed in a research report on Monday, September 18th. Craig Hallum lowered shares of S&W Seed from a “buy” rating to a “hold” rating and dropped their price target for the company from $8.00 to $4.00 in a research report on Friday, September 15th. Finally, ValuEngine raised shares of S&W Seed from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $5.13.

S&W Seed (NASDAQ:SANW) opened at $3.20 on Thursday. S&W Seed has a 52-week low of $2.90 and a 52-week high of $5.20. The company has a quick ratio of 0.36, a current ratio of 1.16 and a debt-to-equity ratio of 0.02.

S&W Seed (NASDAQ:SANW) last announced its earnings results on Thursday, November 9th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.11) by ($0.02). S&W Seed had a negative return on equity of 4.03% and a negative net margin of 14.12%. The company had revenue of $10.71 million for the quarter, compared to the consensus estimate of $9.75 million. research analysts forecast that S&W Seed will post -0.08 earnings per share for the current year.

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About S&W Seed

S&W Seed Company (S&W) is a global agricultural company. The Company focuses on the breeding, production and sale of alfalfa seed. In addition to its primary activities in alfalfa seed, it also offers hybrid sorghum and sunflower seed germplasm. As of June 30, 2016, the Company sold its alfalfa seed varieties in more than 30 countries across the globe.

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Institutional Ownership by Quarter for S&W Seed (NASDAQ:SANW)

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