American Woodmark Corporation (NASDAQ:AMWD) major shareholder William F. Brandt sold 2,000 shares of the business’s stock in a transaction dated Monday, October 9th. The shares were sold at an average price of $96.00, for a total transaction of $192,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

American Woodmark Corporation (NASDAQ AMWD) traded up 1.74% on Wednesday, reaching $96.65. 17,477 shares of the company’s stock traded hands. American Woodmark Corporation has a 52-week low of $69.65 and a 52-week high of $107.30. The firm’s 50-day moving average is $89.06 and its 200 day moving average is $92.26. The stock has a market capitalization of $1.57 billion, a PE ratio of 22.07 and a beta of 1.45.

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

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A number of equities research analysts recently weighed in on the stock. Zacks Investment Research raised shares of American Woodmark Corporation from a “hold” rating to a “buy” rating and set a $100.00 price objective for the company in a research report on Tuesday, September 19th. BidaskClub upgraded shares of American Woodmark Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd. Finally, Zelman & Associates cut shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th.

Institutional investors have recently made changes to their positions in the stock. Arizona State Retirement System increased its position in shares of American Woodmark Corporation by 1.4% during the 1st quarter. Arizona State Retirement System now owns 7,265 shares of the company’s stock worth $667,000 after purchasing an additional 100 shares in the last quarter. BlackRock Inc. increased its position in shares of American Woodmark Corporation by 148,318.8% during the 1st quarter. BlackRock Inc. now owns 1,806,257 shares of the company’s stock worth $165,816,000 after purchasing an additional 1,805,040 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of American Woodmark Corporation by 3.4% during the 1st quarter. Principal Financial Group Inc. now owns 109,409 shares of the company’s stock worth $10,044,000 after purchasing an additional 3,617 shares in the last quarter. Paloma Partners Management Co acquired a new stake in shares of American Woodmark Corporation during the 1st quarter worth about $422,000. Finally, Legal & General Group Plc increased its position in shares of American Woodmark Corporation by 0.6% during the 1st quarter. Legal & General Group Plc now owns 23,973 shares of the company’s stock worth $2,199,000 after purchasing an additional 149 shares in the last quarter. Institutional investors and hedge funds own 80.30% of the company’s stock.

About American Woodmark Corporation

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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