Insider Selling: Steven Cary Dunston Sells 6,668 Shares of American Woodmark Corp. Stock (AMWD)
American Woodmark Corp. (NASDAQ:AMWD) Insider Steven Cary Dunston sold 6,668 shares of the stock on the open market in a transaction dated Friday, August 22nd. The shares were sold at an average price of $38.00, for a total value of $253,384.00. Following the completion of the transaction, the insider now directly owns 35,315 shares in the company, valued at approximately $1,341,970. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Separately, analysts at Zacks upgraded shares of American Woodmark Corp. from an “underperform” rating to a “neutral” rating in a research note on Tuesday, August 5th. They now have a $30.90 price target on the stock.
Shares of American Woodmark Corp. (NASDAQ:AMWD) traded up 0.61% during mid-day trading on Monday, hitting $38.20. The stock had a trading volume of 112,546 shares. American Woodmark Corp. has a 52 week low of $25.10 and a 52 week high of $39.97. The stock’s 50-day moving average is $31.64 and its 200-day moving average is $31.50. The company has a market cap of $602.3 million and a price-to-earnings ratio of 25.78.
American Woodmark Corp. (NASDAQ:AMWD) last released its earnings data on Tuesday, August 19th. The company reported $0.59 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.43 by $0.16. The company had revenue of $211.90 million for the quarter, compared to the consensus estimate of $196.92 million. During the same quarter in the prior year, the company posted $0.43 earnings per share. The company’s quarterly revenue was up 19.0% on a year-over-year basis. Analysts expect that American Woodmark Corp. will post $1.96 EPS for the current fiscal year.
American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets.
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