BlackRock Inc. raised its holdings in shares of American Woodmark Corporation (NASDAQ:AMWD) by 0.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,808,246 shares of the company’s stock after acquiring an additional 1,989 shares during the quarter. BlackRock Inc. owned approximately 11.09% of American Woodmark Corporation worth $172,777,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of AMWD. Mesirow Financial Investment Management Equity Management raised its holdings in American Woodmark Corporation by 39.5% during the second quarter. Mesirow Financial Investment Management Equity Management now owns 215,810 shares of the company’s stock valued at $20,621,000 after acquiring an additional 61,160 shares during the period. Prudential Financial Inc. raised its holdings in American Woodmark Corporation by 41.5% during the second quarter. Prudential Financial Inc. now owns 153,888 shares of the company’s stock valued at $14,704,000 after acquiring an additional 45,124 shares during the period. Broad Run Investment Management LLC raised its holdings in American Woodmark Corporation by 3.2% during the first quarter. Broad Run Investment Management LLC now owns 1,400,486 shares of the company’s stock valued at $128,565,000 after acquiring an additional 43,018 shares during the period. Victory Capital Management Inc. raised its holdings in American Woodmark Corporation by 4,257.8% during the first quarter. Victory Capital Management Inc. now owns 38,218 shares of the company’s stock valued at $3,508,000 after acquiring an additional 37,341 shares during the period. Finally, Wellington Management Group LLP raised its holdings in American Woodmark Corporation by 9.9% during the first quarter. Wellington Management Group LLP now owns 347,711 shares of the company’s stock valued at $31,920,000 after acquiring an additional 31,326 shares during the period. 80.30% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have commented on the company. Zacks Investment Research cut American Woodmark Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. BidaskClub cut American Woodmark Corporation from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. Finally, Zelman & Associates cut American Woodmark Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th.

In related news, insider Steven Cary Dunston sold 500 shares of the company’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $80.55, for a total transaction of $40,275.00. Following the completion of the transaction, the insider now owns 49,109 shares in the company, valued at approximately $3,955,729.95. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, major shareholder William F. Brandt sold 2,000 shares of the company’s stock in a transaction dated Monday, October 9th. The stock was sold at an average price of $96.00, for a total transaction of $192,000.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 56,157 shares of company stock valued at $5,226,615. Insiders own 1.10% of the company’s stock.

Shares of American Woodmark Corporation (NASDAQ AMWD) opened at 95.95 on Thursday. The company has a market capitalization of $1.56 billion, a PE ratio of 21.91 and a beta of 1.45. The stock has a 50 day moving average price of $89.39 and a 200 day moving average price of $92.28. American Woodmark Corporation has a one year low of $69.65 and a one year high of $107.30.

American Woodmark Corporation (NASDAQ:AMWD) last posted its earnings results on Tuesday, August 22nd. The company reported $1.23 earnings per share (EPS) for the quarter, missing the 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 firm had revenue of $276.83 million for the quarter, compared to analysts’ expectations of $278.80 million. During the same period in the previous year, the company earned $1.32 earnings per share. The company’s revenue was up 7.2% compared to the same quarter last year. On average, equities research analysts predict that American Woodmark Corporation will post $4.94 earnings per share for the current year.

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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.

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Institutional Ownership by Quarter for American Woodmark Corporation (NASDAQ:AMWD)

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