Value investor Michael Price (Trades, Portfolio) is known for acquiring stock in out-of-favor small cap companies that are believed to be good values. His approach has paid off: Today, he manages MFP Investors, with $1.6 billion under management, much of it his own money.
Price invested in 11 new buys in the first quarter. By volume, the largest was his acquisition of 1,294,000 shares of S&W Seed Company (NASDAQ:SANW), a Fresno, California-based agriculture company specializing in breeding, production and processing for the alfalfa and stevia industries, for an average price of $4.55 per share. The purchase had a 0.79% impact on his portfolio. Continue Reading »