S&W Seed (NASDAQ:SANW) Major Shareholder Mfp Partners Lp Sells 200,000 Shares

S&W Seed (NASDAQ:SANW) major shareholder Mfp Partners Lp sold 200,000 shares of S&W Seed stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $0.15, for a total transaction of $30,000.00. Following the transaction, the insider now directly owns 993,187 shares in the company, valued at $148,978.05. This trade represents a 16.76 % decrease in their ownership of the stock. 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 Trading Down 0.5 %

Shares of SANW stock opened at $5.72 on Thursday. S&W Seed has a 1-year low of $2.10 and a 1-year high of $14.25. The firm has a market cap of $13.06 million, a PE ratio of -0.32 and a beta of 1.57. The company has a 50-day moving average of $4.38 and a two-hundred day moving average of $5.07. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.85 and a quick ratio of 0.37.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on SANW shares. Lake Street Capital raised their price target on shares of S&W Seed from $10.00 to $35.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. StockNews.com initiated coverage on S&W Seed in a research report on Thursday, December 19th. They issued a “sell” rating on the stock.

About S&W Seed

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.