Wynnefield Capital Inc buys $9,559,017 stake in S&W Seed Company (SANW)

S&W Seed Company (SANW) : Wynnefield Capital Inc scooped up 5,345 additional shares in S&W Seed Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 2,124,226 shares of S&W Seed Company which is valued at $9,559,017.S&W Seed Company makes up approximately 3.21% of Wynnefield Capital Inc’s portfolio.

Other Hedge Funds, Including , Cutter Co Brokerage reduced its stake in SANW by selling 2,827 shares or 0.58% in the most recent quarter. The Hedge Fund company now holds 480,477 shares of SANW which is valued at $2,426,409. S&W Seed Company makes up approx 1.10% of Cutter Co Brokerage’s portfolio. Thomson Horstmann Bryant Inc added SANW to its portfolio by purchasing 131,712 company shares during the most recent quarter which is valued at $698,074. S&W Seed Company makes up approx 0.10% of Thomson Horstmann Bryant Inc’s portfolio.Koshinski Asset Management reduced its stake in SANW by selling 1,450 shares or 0.79% in the most recent quarter. The Hedge Fund company now holds 181,778 shares of SANW which is valued at $914,343. S&W Seed Company makes up approx 0.45% of Koshinski Asset Management’s portfolio.

S&W Seed Company opened for trading at $4.8 and hit $4.9 on the upside on Monday, eventually ending the session at $4.9, with a gain of 3.16% or 0.15 points. The heightened volatility saw the trading volume jump to 61,258 shares. Company has a market cap of $88 M.

On the company’s financial health, S&W Seed Company reported $-0.09 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Nov 10, 2016. Analyst had a consensus of $-0.10. The company had revenue of $12.25 million for the quarter, compared to analysts expectations of $12.24 million. The company’s revenue was down -2.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.12 EPS.

S&W Seed Company (S&W) is engaged in breeding growing processing and selling agricultural commodities principally alfalfa seed. The Company is a producer of warm climate high-yield alfalfa seed varieties including varieties that can thrive in poor saline soils. The Company also offers seed cleaning and processing for other seed manufacturers. S&W owns a seed-cleaning and processing facility in Five Points California. The property includes a total of 40 acres including 35 acres that are in reserve for future development and five acres with permanent structures and three seed-processing lines. The Company’s products are grown under contract by farmers in the San Joaquin and Imperial Valleys of California Southern Australia as well as by the Company itself under a small direct farming operation. S&W is also focused on breeding improved varieties of stevia improving its harvesting and milling techniques and developing marketing and distribution programs for its stevia products.

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