S&W Seed (NASDAQ:SANW) Major Shareholder Sells $30,000.00 in Stock

S&W Seed (NASDAQ:SANW) major shareholder Mfp Partners Lp sold 200,000 shares of the stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $0.15, for a total transaction of $30,000.00. Following the sale, the insider now owns 993,187 shares of the company’s stock, valued at approximately $148,978.05. This represents a 16.76 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

S&W Seed Stock Performance

NASDAQ:SANW traded down $0.80 during midday trading on Monday, reaching $5.49. The stock had a trading volume of 1,171 shares, compared to its average volume of 13,716. The company has a quick ratio of 0.37, a current ratio of 0.85 and a debt-to-equity ratio of 0.15. The stock has a market cap of $12.54 million, a P/E ratio of -0.31 and a beta of 1.57. The firm has a fifty day simple moving average of $4.30 and a two-hundred day simple moving average of $5.07. S&W Seed has a 12-month low of $2.10 and a 12-month high of $14.25.

S&W Seed (NASDAQ:SANW) last issued its earnings results on Friday, November 1st. The company reported ($2.95) earnings per share for the quarter. The firm had revenue of $14.82 million during the quarter. S&W Seed had a negative net margin of 77.05% and a negative return on equity of 48.07%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. StockNews.com started coverage on shares of S&W Seed in a report on Thursday. They issued a “sell” rating for the company. Lake Street Capital upped their price objective on S&W Seed from $10.00 to $35.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th.

S&W Seed Company Profile

S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa and sorghum seeds. The company also offers sunflower, stevia, camelina, wheat, and pasture seeds. It sells its seeds to distributors and dealers in 40 countries. The company was founded in 1980 and is headquartered in Longmont, Colorado.