American Software, Inc. (NASDAQ:AMSWA) President H Allan Dow sold 4,222 shares of the stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $11.06, for a total value of $46,695.32. Following the completion of the sale, the president now directly owns 43,688 shares of the company’s stock, valued at approximately $483,189.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

H Allan Dow also recently made the following trade(s):

  • On Monday, September 11th, H Allan Dow sold 1,409 shares of American Software stock. The shares were sold at an average price of $11.05, for a total value of $15,569.45.
  • On Tuesday, September 12th, H Allan Dow sold 3,547 shares of American Software stock. The shares were sold at an average price of $11.05, for a total value of $39,194.35.
  • On Friday, September 8th, H Allan Dow sold 3,790 shares of American Software stock. The shares were sold at an average price of $11.05, for a total value of $41,879.50.
  • On Wednesday, September 6th, H Allan Dow sold 3,282 shares of American Software stock. The shares were sold at an average price of $11.05, for a total value of $36,266.10.
  • On Tuesday, September 5th, H Allan Dow sold 7,989 shares of American Software stock. The stock was sold at an average price of $11.05, for a total value of $88,278.45.
  • On Friday, September 1st, H Allan Dow sold 5,995 shares of American Software stock. The stock was sold at an average price of $11.01, for a total value of $66,004.95.

American Software, Inc. (NASDAQ:AMSWA) traded down 0.28% on Friday, hitting $10.70. The stock had a trading volume of 57,500 shares. The company’s 50-day moving average price is $10.02 and its 200 day moving average price is $10.44. The firm has a market cap of $318.08 million, a price-to-earnings ratio of 20.62 and a beta of 0.76. American Software, Inc. has a one year low of $9.00 and a one year high of $12.10.

American Software (NASDAQ:AMSWA) last released its quarterly earnings data on Friday, June 23rd. The software maker reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.13. The business had revenue of $26.27 million during the quarter, compared to the consensus estimate of $27.72 million. American Software had a return on equity of 15.78% and a net margin of 14.81%. Analysts expect that American Software, Inc. will post $0.35 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 4th. Stockholders of record on Friday, November 10th will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.09%. American Software’s payout ratio is 84.62%.

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Several research firms have issued reports on AMSWA. Zacks Investment Research raised American Software from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. BidaskClub cut American Software from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th. Finally, B. Riley reissued a “buy” rating and set a $12.25 target price on shares of American Software in a research note on Sunday, September 3rd.

Several hedge funds have recently added to or reduced their stakes in AMSWA. Goldman Sachs Group Inc. increased its holdings in shares of American Software by 217.1% during the 2nd quarter. Goldman Sachs Group Inc. now owns 214,826 shares of the software maker’s stock worth $2,211,000 after buying an additional 147,079 shares during the last quarter. Renaissance Technologies LLC increased its holdings in shares of American Software by 4.7% during the 2nd quarter. Renaissance Technologies LLC now owns 2,050,700 shares of the software maker’s stock worth $21,102,000 after buying an additional 92,500 shares during the last quarter. AJO LP acquired a new stake in shares of American Software during the 2nd quarter worth $886,000. Martin & Co. Inc. TN increased its holdings in shares of American Software by 65.3% during the 2nd quarter. Martin & Co. Inc. TN now owns 182,540 shares of the software maker’s stock worth $1,878,000 after buying an additional 72,105 shares during the last quarter. Finally, State Street Corp increased its holdings in shares of American Software by 12.7% during the 2nd quarter. State Street Corp now owns 583,043 shares of the software maker’s stock worth $5,997,000 after buying an additional 65,833 shares during the last quarter. Institutional investors and hedge funds own 74.71% of the company’s stock.

American Software Company Profile

American Software, Inc (American Software) develops, markets and supports a portfolio of software and services that delivers enterprise management, supply chain and retail planning solutions to the marketplace. The Company operates through three business segments: Supply Chain Management (SCM), Enterprise Resource Planning (ERP) and Information Technology (IT) Consulting.

Insider Buying and Selling by Quarter for American Software (NASDAQ:AMSWA)

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