AgroFresh Solutions Inc. (NASDAQ:AGFS) CFO Katherine Carolyn Harper bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 21st. The stock was bought at an average price of $2.56 per share, with a total value of $25,600.00. Following the completion of the acquisition, the chief financial officer now owns 10,000 shares of the company’s stock, valued at approximately $25,600. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of AgroFresh Solutions Inc. (NASDAQ:AGFS) opened at 3.11 on Thursday. AgroFresh Solutions Inc. has a one year low of $1.96 and a one year high of $6.95. The firm’s 50-day moving average price is $4.20 and its 200-day moving average price is $5.20. The stock’s market capitalization is $155.26 million.

AgroFresh Solutions (NASDAQ:AGFS) last announced its quarterly earnings results on Wednesday, November 9th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.12 by $0.03. AgroFresh Solutions had a negative net margin of 27.23% and a negative return on equity of 1.25%. The company had revenue of $61.20 million for the quarter, compared to analyst estimates of $71.47 million. Equities research analysts anticipate that AgroFresh Solutions Inc. will post ($0.85) EPS for the current fiscal year.

Insider Buying and Selling by Quarter for AgroFresh Solutions (NASDAQ:AGFS)

Hedge funds and other institutional investors have recently bought and sold shares of the stock. California State Teachers Retirement System raised its position in AgroFresh Solutions by 1.1% in the third quarter. California State Teachers Retirement System now owns 46,660 shares of the company’s stock worth $247,000 after buying an additional 500 shares in the last quarter. Citigroup Inc. raised its position in AgroFresh Solutions by 4.3% in the second quarter. Citigroup Inc. now owns 47,339 shares of the company’s stock worth $251,000 after buying an additional 1,957 shares in the last quarter. BlackRock Advisors LLC raised its position in AgroFresh Solutions by 6.5% in the second quarter. BlackRock Advisors LLC now owns 98,307 shares of the company’s stock worth $522,000 after buying an additional 5,968 shares in the last quarter. Northern Trust Corp raised its position in AgroFresh Solutions by 3.0% in the third quarter. Northern Trust Corp now owns 230,082 shares of the company’s stock worth $1,217,000 after buying an additional 6,610 shares in the last quarter. Finally, Alpine Woods Capital Investors LLC raised its position in AgroFresh Solutions by 18.3% in the third quarter. Alpine Woods Capital Investors LLC now owns 57,745 shares of the company’s stock worth $305,000 after buying an additional 8,925 shares in the last quarter. Institutional investors and hedge funds own 72.77% of the company’s stock.

A number of brokerages have issued reports on AGFS. Zacks Investment Research downgraded AgroFresh Solutions from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 15th. Citigroup Inc. downgraded AgroFresh Solutions from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $7.00 to $2.75 in a report on Thursday, November 10th.

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AgroFresh Solutions Company Profile

AgroFresh Solutions, Inc, formerly Boulevard Acquisition Corp., is a developer of agricultural technologies that preserve the freshness and value of fresh produce, including apples, pears, kiwifruit, avocados and bananas, as well as flowers. The Company’s principal product, The SmartFresh Quality System (SmartFresh), regulates the post-harvest ripening effects of ethylene, the naturally occurring plant hormone that triggers ripening in certain fruits and vegetables, through technology.

5 Day Chart for NASDAQ:AGFS

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