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American Software (NASDAQ:AMSWA) Chairman James C. Edenfield sold 10,807 shares of American Software stock on the open market in a transaction dated Monday, June 30th. The stock was sold at an average price of $9.97, for a total value of $107,745.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of American Software (NASDAQ:AMSWA) traded up 4.45% on Tuesday, hitting $10.32. The stock had a trading volume of 111,968 shares. American Software has a 1-year low of $7.54 and a 1-year high of $11.12. The stock’s 50-day moving average is $9.67 and its 200-day moving average is $9.91. The company has a market cap of $289.6 million and a price-to-earnings ratio of 26.70.

American Software (NASDAQ:AMSWA) last announced its earnings results on Wednesday, June 25th. The company reported $0.10 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.09 by $0.01. The company had revenue of $25.90 million for the quarter, compared to the consensus estimate of $26.56 million. On average, analysts predict that American Software will post $0.42 earnings per share for the current fiscal year.

American Software, Inc (NASDAQ:AMSWA) develops, markets and supports a portfolio of software and services.

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