American Woodmark Co. (NASDAQ:AMWD) major shareholder William F. Brandt sold 12,000 shares of the business’s stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $132.08, for a total transaction of $1,584,960.00. Following the sale, the insider now directly owns 1,763,245 shares of the company’s stock, valued at approximately $232,889,399.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Shares of American Woodmark Co. (NASDAQ:AMWD) traded down $1.00 during midday trading on Friday, reaching $132.70. 63,239 shares of the company traded hands, compared to its average volume of 102,804. American Woodmark Co. has a one year low of $69.65 and a one year high of $136.15. The stock has a market cap of $2,150.00, a PE ratio of 29.36 and a beta of 1.56. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.95 and a current ratio of 3.41.

American Woodmark (NASDAQ:AMWD) last announced its quarterly earnings data on Friday, December 1st. The company reported $1.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.24 by ($0.01). American Woodmark had a net margin of 6.98% and a return on equity of 20.56%. The business had revenue of $274.80 million for the quarter, compared to analysts’ expectations of $280.60 million. During the same period in the prior year, the company posted $1.10 EPS. The firm’s revenue was up 4.1% on a year-over-year basis. research analysts anticipate that American Woodmark Co. will post 4.96 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently made changes to their positions in AMWD. Schwab Charles Investment Management Inc. grew its stake in American Woodmark by 8.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 62,038 shares of the company’s stock valued at $5,928,000 after acquiring an additional 4,774 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of American Woodmark in the 2nd quarter valued at approximately $172,000. Bank of New York Mellon Corp grew its stake in shares of American Woodmark by 4.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 213,812 shares of the company’s stock valued at $20,429,000 after buying an additional 9,757 shares during the period. Legal & General Group Plc grew its stake in shares of American Woodmark by 15.8% in the 2nd quarter. Legal & General Group Plc now owns 27,758 shares of the company’s stock valued at $2,651,000 after buying an additional 3,785 shares during the period. Finally, BNP Paribas Arbitrage SA grew its stake in shares of American Woodmark by 3.0% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,135 shares of the company’s stock valued at $395,000 after buying an additional 122 shares during the period. 82.60% of the stock is owned by institutional investors.

Several analysts recently issued reports on AMWD shares. BidaskClub cut shares of American Woodmark from a “hold” rating to a “sell” rating in a research note on Saturday, December 9th. Zacks Investment Research raised shares of American Woodmark from a “sell” rating to a “buy” rating and set a $140.00 price objective for the company in a research note on Wednesday, December 6th. Finally, Robert W. Baird upped their price objective on shares of American Woodmark from $108.00 to $142.00 and gave the company an “outperform” rating in a research note on Monday, December 4th.

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American Woodmark Company Profile

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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