American Woodmark Corp. Director William F. Brandt Sells 3,000 Shares (AMWD)
American Woodmark Corp. (NASDAQ:AMWD) Director William F. Brandt unloaded 3,000 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $39.06, for a total transaction of $117,180.00. Following the transaction, the director now directly owns 2,673,681 shares of the company’s stock, valued at approximately $104,433,980. The sale was disclosed in a document filed with the SEC, which is available at this link.
American Woodmark Corp. (NASDAQ:AMWD) traded up 1.23% during mid-day trading on Thursday, hitting $39.45. The stock had a trading volume of 351,129 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 $33.0 and its 200-day moving average is $31.69. The company has a market cap of $613.4 million and a price-to-earnings ratio of 26.46.
American Woodmark Corp. (NASDAQ:AMWD) last announced its earnings results on Tuesday, August 19th. The company reported $0.59 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.43 earnings per share. American Woodmark Corp.’s revenue was up 19.0% compared to the same quarter last year. On average, analysts predict that American Woodmark Corp. will post $2.02 earnings per share for the current fiscal year.
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.
American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets.