American Woodmark Corporation (NASDAQ:AMWD) Director Vance W. Tang sold 1,700 shares of the business’s stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $90.05, for a total transaction of $153,085.00. Following the sale, the director now directly owns 11,170 shares in the company, valued at approximately $1,005,858.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Shares of American Woodmark Corporation (AMWD) traded up 0.45% during trading on Friday, hitting $89.70. 168,163 shares of the company were exchanged. The firm’s 50-day moving average price is $90.23 and its 200 day moving average price is $91.38. American Woodmark Corporation has a 12 month low of $69.65 and a 12 month high of $107.30. The firm has a market capitalization of $1.46 billion, a PE ratio of 20.48 and a beta of 1.41.

American Woodmark Corporation (NASDAQ:AMWD) last released its earnings results on Tuesday, August 22nd. The company reported $1.23 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.37 by ($0.14). American Woodmark Corporation had a return on equity of 20.89% and a net margin of 6.85%. The business had revenue of $276.83 million for the quarter, compared to analysts’ expectations of $278.80 million. During the same period in the previous year, the company earned $1.32 EPS. American Woodmark Corporation’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, equities research analysts expect that American Woodmark Corporation will post $4.94 earnings per share for the current fiscal year.

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Several brokerages have recently issued reports on AMWD. Zacks Investment Research downgraded shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Monday. BidaskClub cut shares of American Woodmark Corporation from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. Finally, Zelman & Associates cut shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th.

Hedge funds have recently made changes to their positions in the company. BlackRock Inc. lifted its position in 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 during the last quarter. Broad Run Investment Management LLC increased its stake in American Woodmark Corporation by 0.7% during the second quarter. Broad Run Investment Management LLC now owns 1,409,621 shares of the company’s stock worth $134,689,000 after purchasing an additional 9,135 shares during the period. Dimensional Fund Advisors LP increased its stake in American Woodmark Corporation by 3.5% during the second quarter. Dimensional Fund Advisors LP now owns 670,199 shares of the company’s stock worth $64,037,000 after purchasing an additional 22,498 shares during the period. Rothschild Asset Management Inc. increased its stake in American Woodmark Corporation by 3.1% during the first quarter. Rothschild Asset Management Inc. now owns 371,348 shares of the company’s stock worth $34,090,000 after purchasing an additional 11,263 shares during the period. Finally, Royce & Associates LP increased its stake in American Woodmark Corporation by 1.5% during the first quarter. Royce & Associates LP now owns 367,630 shares of the company’s stock worth $33,748,000 after purchasing an additional 5,584 shares during the period. 80.36% of the stock is currently owned by hedge funds and other institutional investors.

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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