American Software, Inc. (NASDAQ:AMSWA) President H Allan Dow sold 4,222 shares of American Software stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $11.06, for a total value of $46,695.32. Following the sale, the president now directly owns 43,688 shares in the company, valued at $483,189.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

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

  • On Monday, September 11th, H Allan Dow sold 1,409 shares of American Software stock. The shares were sold at an average price of $11.05, for a total value of $15,569.45.
  • On Tuesday, September 12th, H Allan Dow sold 3,547 shares of American Software stock. The shares were sold at an average price of $11.05, for a total value of $39,194.35.
  • On Friday, September 8th, H Allan Dow sold 3,790 shares of American Software stock. The shares were sold at an average price of $11.05, for a total value of $41,879.50.
  • On Wednesday, September 6th, H Allan Dow sold 3,282 shares of American Software stock. The shares were sold at an average price of $11.05, for a total value of $36,266.10.
  • On Tuesday, September 5th, H Allan Dow sold 7,989 shares of American Software stock. The shares were 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 shares were sold at an average price of $11.01, for a total value of $66,004.95.

Shares of American Software, Inc. (AMSWA) traded down 1.21% during mid-day trading on Friday, hitting $10.60. The stock had a trading volume of 123,044 shares. American Software, Inc. has a 52-week low of $9.00 and a 52-week high of $12.10. The stock has a market cap of $315.11 million, a P/E ratio of 20.42 and a beta of 0.76. The company’s 50 day moving average is $10.05 and its 200-day moving average is $10.44.

American Software (NASDAQ:AMSWA) last issued its quarterly earnings data on Friday, June 23rd. The software maker reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.13. The company had revenue of $26.27 million for 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 15.78%. On average, equities research analysts anticipate that American Software, Inc. will post $0.35 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 4th. Investors of record on Friday, November 10th will be issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 4.15%. The ex-dividend date of this dividend is Thursday, November 9th. American Software’s payout ratio is 84.62%.

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A number of brokerages have recently commented on AMSWA. B. Riley reissued a “buy” rating and issued a $12.25 price target on shares of American Software in a research report on Sunday, September 3rd. Zacks Investment Research raised American Software from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. Finally, BidaskClub cut American Software from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 27th.

A number of hedge funds have recently modified their holdings of AMSWA. Acadian Asset Management LLC acquired a new stake in American Software in the first quarter valued at approximately $125,000. Strs Ohio boosted its stake in American Software by 6.1% in the first quarter. Strs Ohio now owns 62,300 shares of the software maker’s stock valued at $640,000 after acquiring an additional 3,600 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in American Software by 9.0% in the first quarter. Bank of New York Mellon Corp now owns 508,010 shares of the software maker’s stock valued at $5,221,000 after acquiring an additional 42,072 shares in the last quarter. Parametric Portfolio Associates LLC boosted its stake in American Software by 5.5% in the first quarter. Parametric Portfolio Associates LLC now owns 39,545 shares of the software maker’s stock valued at $407,000 after acquiring an additional 2,078 shares in the last quarter. Finally, Trexquant Investment LP acquired a new stake in American Software in the first quarter valued at approximately $181,000. 74.71% of the stock is currently owned by institutional investors.

American Software Company Profile

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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