The Chairman & CEO of American Vanguard Corp is Exercising Options


Today it was reported that the Chairman & CEO of American Vanguard Corp (AVD), Eric Wintemute, exercised options to buy 15,000 AVD shares at $7.50 a share, for a total transaction value of $112.5K.

This recent transaction increases Eric Wintemute’s holding in the company by 1.57% to a total of $13.75 million.

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Based on American Vanguard Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $113 million and quarterly net profit of $3.11 million. In comparison, last year the company earned revenue of $107 million and had a net profit of $5.6 million. The company has a one-year high of $21.70 and a one-year low of $12.69. Currently, American Vanguard Corp has an average volume of 95.19K.

The insider sentiment on American Vanguard Corp has been positive according to 37 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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American Vanguard Corp. is a holding company, which engages in the development and marketing of specialty and agricultural products for crop protection and management, turf and ornamentals management, and public and animal health. It also acquires and licenses both new and well-established product lines that serve numerous market niches.

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