Agrify Co. (NASDAQ:AGFY) Director Timothy Mahoney Sells 7,232 Shares

Agrify Co. (NASDAQ:AGFY - Get Free Report) Director Timothy Mahoney sold 7,232 shares of the stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $23.83, for a total transaction of $172,338.56. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.Agrify Price PerformanceShares of AGFY stock traded up $4.49 on Wednesday, hitting $30.09. 30,934 shares of the stock traded hands, compared to its average volume of 245,285. The firm has a market cap of $58.74 million, a price-to-earnings ratio of -2.15 and a beta of 10.16. Agrify Co. has a 52 week low of $2.71 and a 52 week high of $84.44. The firm has a 50 day simple moving average of $20.44 and a two-hundred day simple moving average of $24.53. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.75 and a quick ratio of 0.10. Agrify (NASDAQ:AGFY - Get Free Report) last posted its earnings results on Friday, May 9th. The company reported ($1.68) earnings per share for the quarter. The company had revenue of $0.54 million for the quarter. Institutional Investors Weigh In On AgrifySeveral institutional investors have recently made changes to their positions in AGFY. Renaissance Technologies LLC bought a new stake in Agrify during the 4th quarter valued at about $841,000. Rip Road Capital Partners LP bought a new stake in shares of Agrify in the 4th quarter valued at about $1,953,000. SG Capital Management LLC bought a new stake in shares of Agrify in the 4th quarter valued at about $692,000. AdvisorShares Investments LLC bought a new stake in shares of Agrify in the 4th quarter valued at about $321,000. Finally, Marathon Partners Equity Management LLC bought a new stake in shares of Agrify in the 4th quarter valued at about $174,000. Institutional investors own 5.98% of the company's stock. Agrify Company Profile (Get Free Report)Agrify Corporation offers hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. It offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products.See AlsoFive stocks we like better than AgrifyWhy Special Dividends Can be a Delightful Surprise for Income InvestorsAmer Sports: The New ONON and DECK of Consumer Discretionary?Upcoming IPO Stock Lockup Period, ExplainedBigBear.ai: Risky AI Stock or Defense Tech Opportunity?How to Profit From Value Investing Toyota Supercharges Joby: $250M Capital Infusion Ignites Stock This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Agrify Right Now?Before you consider Agrify, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Agrify wasn't on the list.While Agrify currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here