American Software, Inc. (NASDAQ:AMSWA) President H Allan Dow sold 3,282 shares of American Software stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $11.05, for a total value of $36,266.10. Following the sale, the president now directly owns 3,282 shares in the company, valued at $36,266.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

H Allan Dow also recently made the following trade(s):

  • On Tuesday, September 5th, H Allan Dow sold 7,989 shares of American Software stock. The stock was sold at an average price of $11.05, for a total value of $88,278.45.
  • On Friday, September 1st, H Allan Dow sold 5,995 shares of American Software stock. The stock was sold at an average price of $11.01, for a total value of $66,004.95.

American Software, Inc. (AMSWA) traded down 1.09% during trading on Friday, reaching $10.89. The company had a trading volume of 62,431 shares. The firm has a 50-day moving average price of $9.89 and a 200 day moving average price of $10.43. American Software, Inc. has a 12-month low of $9.00 and a 12-month high of $12.10. The stock has a market cap of $323.11 million, a P/E ratio of 20.98 and a beta of 0.76.

American Software (NASDAQ:AMSWA) last announced its quarterly earnings data on Friday, June 23rd. The software maker reported $0.34 EPS for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.13. The business had revenue of $26.27 million during the quarter, compared to analyst estimates of $27.72 million. American Software had a net margin of 14.81% and a return on equity of 16.06%. Equities research analysts predict that American Software, Inc. will post $0.35 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 4th. Stockholders of record on Friday, November 10th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date is Thursday, November 9th. American Software’s dividend payout ratio is currently 84.62%.

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A number of brokerages have recently issued reports on AMSWA. B. Riley reaffirmed a “buy” rating and set a $12.25 target price on shares of American Software in a research report on Tuesday, June 20th. Zacks Investment Research raised American Software from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. Finally, BidaskClub lowered American Software from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 27th.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Stifel Financial Corp raised its position in shares of American Software by 0.8% during the second quarter. Stifel Financial Corp now owns 72,729 shares of the software maker’s stock valued at $748,000 after buying an additional 564 shares during the last quarter. GSA Capital Partners LLP raised its position in shares of American Software by 5.4% during the second quarter. GSA Capital Partners LLP now owns 13,615 shares of the software maker’s stock valued at $140,000 after buying an additional 700 shares during the last quarter. American International Group Inc. raised its position in shares of American Software by 6.9% during the first quarter. American International Group Inc. now owns 15,859 shares of the software maker’s stock valued at $163,000 after buying an additional 1,027 shares during the last quarter. Martingale Asset Management L P raised its position in shares of American Software by 1.4% during the first quarter. Martingale Asset Management L P now owns 78,109 shares of the software maker’s stock valued at $803,000 after buying an additional 1,100 shares during the last quarter. Finally, Prudential Financial Inc. raised its position in shares of American Software by 9.6% during the first quarter. Prudential Financial Inc. now owns 17,111 shares of the software maker’s stock valued at $176,000 after buying an additional 1,500 shares during the last quarter. 74.71% of the stock is owned by institutional investors and hedge funds.

About American Software

American Software, Inc (American Software) develops, markets and supports a portfolio of software and services that delivers enterprise management, supply chain and retail planning solutions to the marketplace. The Company operates through three business segments: Supply Chain Management (SCM), Enterprise Resource Planning (ERP) and Information Technology (IT) Consulting.

Insider Buying and Selling by Quarter for American Software (NASDAQ:AMSWA)

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