Wynnefield Capital is Buying S&W Seed Co (NASDAQ:SANW) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), S&W Seed Co (NASDAQ:SANW) reported that Wynnefield Capital has picked up 862,037 of common stock as of 2017-06-12.

The acquisition brings the aggregate amount owned by Wynnefield Capital to a total of 862,037 representing less than 4.8% stake in the company.

For those not familiar with the company, S&W Seed Company (S&W) is a global agricultural company. The Company focuses on the breeding, production and sale of alfalfa seed. In addition to its primary activities in alfalfa seed, it also offers hybrid sorghum and sunflower seed germplasm. As of June 30, 2016, the Company sold its alfalfa seed varieties in more than 30 countries across the globe. It also owns and operates seed-cleaning and processing facilities in Five Points, California and Nampa, Idaho and a seed processing facility in Keith, South Australia. Its commercial product line-up includes alfalfa seed varieties that span from Fall Dormancy (FD) 3 to FD 10. Its non-dormant varieties include SW 10, SW 9720, SW 9215, SW 9628 and SW 8421S. Its FD 3, FD 4 and FD 5 S&W varieties are adapted to the winter-hardy intermountain west and the northern half of the United States and Canada. Its FD 3, FD 4 and FD 5 S&W varieties include Rhino, SW4328 and SW5909.

A glance at S&W Seed Co (NASDAQ:SANW)’s key stats reveals a current market capitalization of 71.02 Million based on 17.98 Million shares outstanding and a price at last close of $3.95 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-06-09, Wynnefield picked up 9,789 at a purchase price of $4.00. This brings their total holding to 371,019 as of the date of the filing.

On the sell side, the most recent transaction saw Jury unload 1,000 shares at a sale price of $4.20. This brings their total holding to 104.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on S&W Seed Co (NASDAQ:SANW) as things move forward to see if its progress aligns with these transactions.

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