Texas Permanent School Fund boosted its stake in American Woodmark Corporation (NASDAQ:AMWD) by 0.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,193 shares of the company’s stock after buying an additional 86 shares during the period. Texas Permanent School Fund owned approximately 0.06% of American Woodmark Corporation worth $974,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Arizona State Retirement System raised its position in shares of American Woodmark Corporation by 1.4% in the first quarter. Arizona State Retirement System now owns 7,265 shares of the company’s stock valued at $667,000 after buying an additional 100 shares in the last quarter. BlackRock Inc. raised its position in shares of American Woodmark Corporation by 148,318.8% in the first quarter. BlackRock Inc. now owns 1,806,257 shares of the company’s stock valued at $165,816,000 after buying an additional 1,805,040 shares in the last quarter. Royce & Associates LP raised its position in shares of American Woodmark Corporation by 1.5% in the first quarter. Royce & Associates LP now owns 367,630 shares of the company’s stock valued at $33,748,000 after buying an additional 5,584 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of American Woodmark Corporation by 3.4% in the first quarter. Principal Financial Group Inc. now owns 109,409 shares of the company’s stock valued at $10,044,000 after buying an additional 3,617 shares in the last quarter. Finally, Paloma Partners Management Co purchased a new position in shares of American Woodmark Corporation during the first quarter valued at about $422,000. 80.82% of the stock is owned by hedge funds and other institutional investors.

American Woodmark Corporation (AMWD) opened at 93.35 on Monday. The stock has a 50 day moving average price of $96.73 and a 200 day moving average price of $90.24. The company has a market cap of $1.52 billion, a price-to-earnings ratio of 21.51 and a beta of 1.41. American Woodmark Corporation has a 12 month low of $69.65 and a 12 month high of $107.30.

American Woodmark Corporation (NASDAQ:AMWD) last issued its quarterly earnings results on Tuesday, May 30th. The company reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.12. The business had revenue of $258.70 million for the quarter, compared to the consensus estimate of $264.30 million. American Woodmark Corporation had a return on equity of 22.19% and a net margin of 6.91%. The business’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.86 earnings per share. Analysts anticipate that American Woodmark Corporation will post $4.99 earnings per share for the current fiscal year.

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Several research analysts have recently issued reports on AMWD shares. Zacks Investment Research lowered American Woodmark Corporation from a “buy” rating to a “hold” rating in a research report on Monday, May 1st. BidaskClub lowered American Woodmark Corporation from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Finally, Zelman & Associates lowered American Woodmark Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th.

In other news, major shareholder William F. Brandt sold 9,233 shares of the company’s stock in a transaction on Monday, June 12th. The stock was sold at an average price of $96.52, for a total transaction of $891,169.16. Following the transaction, the insider now directly owns 1,896,973 shares of the company’s stock, valued at $183,095,833.96. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Andrew B. Cogan sold 1,400 shares of the company’s stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $94.40, for a total value of $132,160.00. Following the transaction, the director now directly owns 5,240 shares in the company, valued at $494,656. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 63,959 shares of company stock worth $6,113,542. Insiders own 1.10% of the company’s stock.

American Woodmark Corporation Company Profile

American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The Company offers framed stock cabinets in approximately 500 different cabinet lines, ranging in price from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces.

Institutional Ownership by Quarter for American Woodmark Corporation (NASDAQ:AMWD)

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