S&W Seed Co. (NASDAQ:SANW) Director Grover T. Wickersham sold 34,397 shares of S&W Seed Co. stock in a transaction dated Wednesday, November 23rd. The shares were sold at an average price of $4.82, for a total value of $165,793.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
S&W Seed Co. (NASDAQ:SANW) opened at 4.65 on Friday. The stock has a 50 day moving average price of $4.95 and a 200 day moving average price of $4.70. S&W Seed Co. has a one year low of $3.90 and a one year high of $5.35. The company’s market cap is $83.05 million.
S&W Seed Co. (NASDAQ:SANW) last issued its quarterly earnings data on Thursday, November 10th. The company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.02. S&W Seed Co. had a negative net margin of 1.02% and a positive return on equity of 0.75%. The company had revenue of $12.25 million for the quarter, compared to analysts’ expectations of $12.17 million. During the same quarter in the previous year, the firm posted ($0.12) earnings per share. S&W Seed Co.’s revenue for the quarter was down 2.4% on a year-over-year basis. On average, equities analysts anticipate that S&W Seed Co. will post $0.12 EPS for the current fiscal year.
Separately, Roth Capital set a $8.00 price objective on S&W Seed Co. and gave the company a “buy” rating in a report on Wednesday, September 14th.
Several hedge funds have recently modified their holdings of the company. Essex Investment Management Co. LLC acquired a new stake in shares of S&W Seed Co. during the second quarter valued at $326,000. Societe Generale purchased a new stake in shares of S&W Seed Co. during the second quarter worth approximately $340,000. Vanguard Group Inc. boosted its stake in shares of S&W Seed Co. by 3.1% in the second quarter. Vanguard Group Inc. now owns 458,344 shares of the company’s stock worth $1,999,000 after buying an additional 13,831 shares during the period. 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 worth $248,000 after buying an additional 19,812 shares during the period. Finally, 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 worth $142,000 after buying an additional 19,951 shares during the period. 60.73% of the stock is currently owned by institutional investors.
About S&W Seed Co.