American Woodmark Corporation (NASDAQ:AMWD) major shareholder William F. Brandt sold 9,233 shares of the company’s stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $96.52, for a total transaction of $891,169.16. Following the sale, the insider now owns 1,896,973 shares in the company, valued at $183,095,833.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Shares of American Woodmark Corporation (NASDAQ:AMWD) traded up 0.077% during trading on Tuesday, reaching $97.225. The company had a trading volume of 17,393 shares. The firm has a 50-day moving average price of $91.99 and a 200-day moving average price of $83.42. American Woodmark Corporation has a 52-week low of $60.80 and a 52-week high of $99.13. The company has a market capitalization of $1.59 billion, a P/E ratio of 22.402 and a beta of 1.37.

American Woodmark Corporation (NASDAQ:AMWD) last issued its quarterly earnings results on Tuesday, May 30th. The company reported $1.13 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.01 by $0.12. American Woodmark Corporation had a return on equity of 22.19% and a net margin of 6.91%. The business had revenue of $258.70 million during the quarter, compared to the consensus estimate of $264.30 million. During the same period in the previous year, the business earned $0.86 EPS. The business’s quarterly revenue was up 7.4% on a year-over-year basis. On average, analysts predict that American Woodmark Corporation will post $4.99 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for American Woodmark Corporation (NASDAQ:AMWD)

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Several large investors have recently modified their holdings of AMWD. BlackRock Inc. increased its stake in shares of American Woodmark Corporation by 148,318.8% in the first quarter. BlackRock Inc. now owns 1,806,257 shares of the company’s stock worth $165,816,000 after buying an additional 1,805,040 shares during the period. Broad Run Investment Management LLC increased its stake in shares of American Woodmark Corporation by 3.2% in the first quarter. Broad Run Investment Management LLC now owns 1,400,486 shares of the company’s stock worth $128,565,000 after buying an additional 43,018 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of American Woodmark Corporation by 0.3% in the first quarter. Dimensional Fund Advisors LP now owns 647,701 shares of the company’s stock worth $59,458,000 after buying an additional 1,885 shares during the period. Macquarie Group Ltd. increased its stake in shares of American Woodmark Corporation by 1.2% in the fourth quarter. Macquarie Group Ltd. now owns 489,583 shares of the company’s stock worth $36,841,000 after buying an additional 6,019 shares during the period. Finally, FMR LLC increased its stake in shares of American Woodmark Corporation by 141.0% in the fourth quarter. FMR LLC now owns 478,948 shares of the company’s stock worth $36,041,000 after buying an additional 280,218 shares during the period. Institutional investors and hedge funds own 81.87% of the company’s stock.

Separately, Zacks Investment Research lowered shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Monday, May 1st.

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.

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