American Woodmark Corporation (NASDAQ:AMWD) major shareholder William F. Brandt sold 1,000 shares of the company’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $83.50, for a total transaction of $83,500.00. Following the transaction, the insider now directly owns 1,875,973 shares of the company’s stock, valued at approximately $156,643,745.50. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

American Woodmark Corporation (NASDAQ:AMWD) traded up 2.14% during mid-day trading on Friday, reaching $88.40. 76,467 shares of the company were exchanged. American Woodmark Corporation has a 12 month low of $69.65 and a 12 month high of $107.30. The company has a market cap of $1.45 billion, a P/E ratio of 20.18 and a beta of 1.41. The stock’s 50-day moving average is $91.31 and its 200-day moving average is $91.09.

American Woodmark Corporation (NASDAQ:AMWD) last announced its quarterly earnings data on Tuesday, August 22nd. The company reported $1.23 EPS for the quarter, missing the Zacks’ consensus estimate of $1.37 by $0.14. American Woodmark Corporation had a return on equity of 20.89% and a net margin of 6.85%. The business had revenue of $276.83 million for the quarter, compared to analyst estimates of $278.80 million. During the same quarter in the previous year, the business posted $1.32 earnings per share. The company’s revenue was up 7.2% compared to the same quarter last year. Equities analysts expect that American Woodmark Corporation will post $4.94 earnings per share for the current year.

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Hedge funds and other institutional investors have recently made changes to their positions in the business. Capstone Asset Management Co. raised its stake in shares of American Woodmark Corporation by 8.3% during the 1st quarter. Capstone Asset Management Co. now owns 3,553 shares of the company’s stock worth $326,000 after purchasing an additional 273 shares in the last quarter. Louisiana State Employees Retirement System raised its stake in shares of American Woodmark Corporation by 1.8% during the 1st quarter. Louisiana State Employees Retirement System now owns 5,700 shares of the company’s stock worth $523,000 after purchasing an additional 100 shares in the last quarter. State of Alaska Department of Revenue raised its stake in shares of American Woodmark Corporation by 1.3% during the 1st quarter. State of Alaska Department of Revenue now owns 1,540 shares of the company’s stock worth $141,000 after purchasing an additional 20 shares in the last quarter. Great West Life Assurance Co. Can raised its stake in shares of American Woodmark Corporation by 5.3% during the 1st quarter. Great West Life Assurance Co. Can now owns 18,763 shares of the company’s stock worth $1,721,000 after purchasing an additional 947 shares in the last quarter. Finally, US Bancorp DE raised its stake in shares of American Woodmark Corporation by 6.5% during the 1st quarter. US Bancorp DE now owns 8,327 shares of the company’s stock worth $764,000 after purchasing an additional 509 shares in the last quarter. Hedge funds and other institutional investors own 80.12% of the company’s stock.

AMWD has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Monday, August 28th. Zelman & Associates downgraded shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, BidaskClub downgraded shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Friday, July 28th.

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.

Insider Buying and Selling by Quarter for American Woodmark Corporation (NASDAQ:AMWD)

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