American Software, Inc. (NASDAQ:AMSWA) President H Allan Dow sold 1,409 shares of the firm’s stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $11.05, for a total value of $15,569.45. Following the completion of the transaction, the president now directly owns 47,235 shares in the company, valued at approximately $521,946.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Wednesday, September 13th, H Allan Dow sold 4,222 shares of American Software stock. The stock was sold at an average price of $11.06, for a total value of $46,695.32.
  • On Tuesday, September 12th, H Allan Dow sold 3,547 shares of American Software stock. The stock was 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 stock was 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 stock was 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 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.

Shares of American Software, Inc. (NASDAQ:AMSWA) traded down 1.21% during mid-day trading on Friday, reaching $10.60. The company had a trading volume of 123,044 shares. The company has a market capitalization of $315.11 million, a price-to-earnings ratio of 20.42 and a beta of 0.76. American Software, Inc. has a 52 week low of $9.00 and a 52 week high of $12.10. The stock has a 50 day moving average of $10.05 and a 200-day moving average of $10.44.

American Software (NASDAQ:AMSWA) last issued its earnings results on Friday, June 23rd. The software maker reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.13. American Software had a return on equity of 15.78% and a net margin of 14.81%. The firm had revenue of $26.27 million for the quarter, compared to the consensus estimate of $27.72 million. On average, analysts expect that American Software, Inc. will post $0.35 earnings per share for the current fiscal year.

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

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Several research firms have recently commented on AMSWA. Zacks Investment Research raised American Software from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. BidaskClub downgraded American Software from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th. Finally, B. Riley reaffirmed a “buy” rating and issued a $12.25 price objective on shares of American Software in a research note on Sunday, September 3rd.

A number of hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC boosted its position in American Software by 4.7% during the second quarter. Renaissance Technologies LLC now owns 2,050,700 shares of the software maker’s stock worth $21,102,000 after purchasing an additional 92,500 shares in the last quarter. Vanguard Group Inc. boosted its position in American Software by 0.6% during the second quarter. Vanguard Group Inc. now owns 1,196,640 shares of the software maker’s stock worth $12,313,000 after purchasing an additional 6,593 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in American Software by 6.6% during the second quarter. Dimensional Fund Advisors LP now owns 945,748 shares of the software maker’s stock worth $9,732,000 after purchasing an additional 58,553 shares in the last quarter. John G Ullman & Associates Inc. boosted its position in American Software by 4.5% during the second quarter. John G Ullman & Associates Inc. now owns 623,175 shares of the software maker’s stock worth $6,412,000 after purchasing an additional 27,050 shares in the last quarter. Finally, State Street Corp boosted its position in American Software by 12.7% during the second quarter. State Street Corp now owns 583,043 shares of the software maker’s stock worth $5,997,000 after purchasing an additional 65,833 shares in the last quarter. Institutional investors own 74.71% of the company’s stock.

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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