Shares of S&W Seed Co. (NASDAQ:SANW) fell 2.4% during mid-day trading on Wednesday after an insider sold shares in the company. The company traded as low as $4.86 and last traded at $4.86, with a volume of 82,557 shares changing hands. The stock had previously closed at $4.98.

Specifically, insider Mark S. Grewal sold 76,181 shares of the company’s stock in a transaction dated Monday, October 3rd. The shares were 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 $548,639.91. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Matthew K. Szot sold 51,100 shares of the company’s stock in a transaction dated Monday, October 3rd. The stock was sold at an average price of $5.10, for a total transaction of $260,610.00. Following the completion of the sale, the executive vice president now owns 52,646 shares in the company, valued at approximately $268,494.60. The disclosure for this sale can be found here. 11.50% of the stock is currently owned by company insiders.

Separately, Roth Capital set a $8.00 price objective on shares of S&W Seed Co. and gave the stock a “buy” rating in a report on Wednesday, September 14th.

The stock has a market cap of $83.44 million, a PE ratio of 243.00 and a beta of -0.47. The stock has a 50-day moving average of $4.88 and a 200 day moving average of $4.53.

S&W Seed Co. (NASDAQ:SANW) last released its earnings results on Thursday, September 15th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.02. The firm earned $34.60 million during the quarter. S&W Seed Co. had a net margin of 0.38% and a return on equity of 0.67%. S&W Seed Co.’s revenue was up 20.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.05 EPS. Analysts forecast that S&W Seed Co. will post $0.12 EPS for the current year.

A number of large investors have recently made changes to their positions in SANW. Kennedy Capital Management Inc. raised its stake in shares of S&W Seed Co. by 13.8% in the first quarter. Kennedy Capital Management Inc. now owns 744,296 shares of the company’s stock worth $3,111,000 after buying an additional 90,360 shares during the last quarter. Price Michael F raised its stake in shares of S&W Seed Co. by 25.8% in the first quarter. Price Michael F now owns 3,113,423 shares of the company’s stock worth $13,014,000 after buying an additional 638,701 shares during the last quarter. Renaissance Technologies LLC raised its stake in shares of S&W Seed Co. by 9.6% in the first quarter. Renaissance Technologies LLC now owns 74,500 shares of the company’s stock worth $311,000 after buying an additional 6,500 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of S&W Seed Co. by 11.5% in the first quarter. Geode Capital Management LLC now owns 47,087 shares of the company’s stock worth $196,000 after buying an additional 4,843 shares during the last quarter. Finally, Carnick & Kubik Group LLC bought a new stake in shares of S&W Seed Co. during the second quarter worth $173,000. 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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