American Woodmark Corporation (NASDAQ:AMWD) major shareholder William F. Brandt sold 1,000 shares of American Woodmark Corporation stock in a transaction on Monday, August 14th. The shares were sold at an average price of $95.50, for a total value of $95,500.00. Following the transaction, the insider now owns 1,876,973 shares of the company’s stock, valued at approximately $179,250,921.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Shares of American Woodmark Corporation (AMWD) traded up 0.63% on Wednesday, reaching $95.35. The company’s stock had a trading volume of 19,171 shares. The firm has a 50-day moving average price of $96.79 and a 200 day moving average price of $90.03. The firm has a market capitalization of $1.55 billion, a PE ratio of 21.97 and a beta of 1.41. 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 announced its earnings results on Tuesday, May 30th. The company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.12. The business had revenue of $258.70 million for the quarter, compared to analysts’ expectations of $264.30 million. American Woodmark Corporation had a return on equity of 22.19% and a net margin of 6.91%. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.86 EPS. On average, analysts anticipate that American Woodmark Corporation will post $4.99 earnings per share for the current fiscal year.

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

Several hedge funds have recently modified their holdings of AMWD. BlackRock Inc. raised 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 valued at $165,816,000 after buying an additional 1,805,040 shares in the last quarter. Mesirow Financial Investment Management Equity Management purchased a new position in shares of American Woodmark Corporation during the first quarter worth about $14,196,000. Norges Bank purchased a new position in shares of American Woodmark Corporation during the fourth quarter worth about $11,577,000. Tributary Capital Management LLC purchased a new position in shares of American Woodmark Corporation during the first quarter worth about $9,061,000. Finally, Prudential Financial Inc. raised its position in shares of American Woodmark Corporation by 41.5% in the second quarter. Prudential Financial Inc. now owns 153,888 shares of the company’s stock worth $14,704,000 after buying an additional 45,124 shares during the period. Hedge funds and other institutional investors own 80.82% of the company’s stock.

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.

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

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