American Woodmark Co. (NASDAQ:AMWD) major shareholder William F. Brandt sold 2,000 shares of the stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $89.80, for a total value of $179,600.00. Following the transaction, the insider now directly owns 1,874,973 shares of the company’s stock, valued at $168,372,575.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

American Woodmark Co. (NASDAQ AMWD) traded up 0.79% during midday trading on Thursday, hitting $89.40. The stock had a trading volume of 54,079 shares. The firm has a 50-day moving average of $90.76 and a 200-day moving average of $91.41. American Woodmark Co. has a 12-month low of $69.65 and a 12-month high of $107.30. The company has a market cap of $1.45 billion, a PE ratio of 20.41 and a beta of 1.41.

American Woodmark (NASDAQ:AMWD) last posted its quarterly earnings results on Tuesday, August 22nd. The company reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.14). The company had revenue of $276.83 million during the quarter, compared to analysts’ expectations of $278.80 million. American Woodmark had a net margin of 8.05% and a return on equity of 24.66%. American Woodmark’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the company earned $1.32 earnings per share. Equities research analysts forecast that American Woodmark Co. will post $4.94 EPS for the current year.

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Several equities research analysts have recently issued reports on the company. Zacks Investment Research raised American Woodmark from a “hold” rating to a “buy” rating and set a $100.00 price objective for the company in a research note on Tuesday. BidaskClub raised American Woodmark from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. Finally, Zelman & Associates lowered American Woodmark from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th.

Several hedge funds have recently bought and sold shares of the company. BlackRock Inc. grew its position in shares of American Woodmark 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 purchasing an additional 1,805,040 shares in the last quarter. Broad Run Investment Management LLC grew its position in shares of American Woodmark by 0.7% in the second quarter. Broad Run Investment Management LLC now owns 1,409,621 shares of the company’s stock valued at $134,689,000 after purchasing an additional 9,135 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of American Woodmark by 3.5% in the second quarter. Dimensional Fund Advisors LP now owns 670,199 shares of the company’s stock valued at $64,037,000 after purchasing an additional 22,498 shares in the last quarter. Rothschild Asset Management Inc. grew its position in shares of American Woodmark by 3.1% in the first quarter. Rothschild Asset Management Inc. now owns 371,348 shares of the company’s stock valued at $34,090,000 after purchasing an additional 11,263 shares in the last quarter. Finally, Royce & Associates LP grew its position in shares of American Woodmark by 1.5% in the first quarter. Royce & Associates LP now owns 367,630 shares of the company’s stock valued at $33,748,000 after purchasing an additional 5,584 shares in the last quarter. Institutional investors and hedge funds own 80.36% of the company’s stock.

About American Woodmark

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 (NASDAQ:AMWD)

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