Daniel T. Hendrix Sells 3,000 Shares of American Woodmark Corporation (AMWD) Stock

American Woodmark Corporation (NASDAQ:AMWD) Director Daniel T. Hendrix sold 3,000 shares of the stock in a transaction that occurred on Tuesday, August 29th. The shares were sold at an average price of $80.63, for a total value of $241,890.00. Following the transaction, the director now owns 7,155 shares of the company’s stock, valued at $576,907.65. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

American Woodmark Corporation (NASDAQ AMWD) traded up 0.45% during midday trading on Friday, reaching $89.70. The company’s stock had a trading volume of 170,592 shares. The firm has a 50 day moving average price of $90.01 and a 200 day moving average price of $91.41. 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 has a 1-year low of $69.65 and a 1-year high of $107.30.

American Woodmark Corporation (NASDAQ:AMWD) last posted its quarterly earnings data on Tuesday, August 22nd. The company reported $1.23 earnings per share for the quarter, missing the Thomson Reuters’ 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 during the quarter, compared to the consensus estimate of $278.80 million. During the same period last year, the business posted $1.32 earnings per share. The business’s revenue was up 7.2% on a year-over-year basis. On average, analysts predict that American Woodmark Corporation will post $4.94 EPS for the current year.

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Hedge funds have recently bought and sold shares of the company. Ameritas Investment Partners Inc. bought a new position in shares of American Woodmark Corporation in the 1st quarter worth about $110,000. Riverhead Capital Management LLC increased its position in American Woodmark Corporation by 99.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,199 shares of the company’s stock valued at $114,000 after buying an additional 599 shares in the last quarter. Flinton Capital Management LLC increased its position in American Woodmark Corporation by 78.3% in the 2nd quarter. Flinton Capital Management LLC now owns 1,394 shares of the company’s stock valued at $133,000 after buying an additional 612 shares in the last quarter. State of Alaska Department of Revenue increased its position in American Woodmark Corporation by 1.3% in the 1st quarter. State of Alaska Department of Revenue now owns 1,540 shares of the company’s stock valued at $141,000 after buying an additional 20 shares in the last quarter. Finally, Dubuque Bank & Trust Co. increased its position in American Woodmark Corporation by 8.7% in the 2nd quarter. Dubuque Bank & Trust Co. now owns 1,654 shares of the company’s stock valued at $158,000 after buying an additional 132 shares in the last quarter. 80.36% of the stock is owned by hedge funds and other institutional investors.

Several brokerages recently issued reports on AMWD. Zacks Investment Research upgraded American Woodmark Corporation from a “hold” rating to a “buy” rating and set a $100.00 price objective on the stock in a research note on Tuesday. BidaskClub upgraded American Woodmark Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. Finally, Zelman & Associates cut American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th.

American Woodmark Corporation 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 Corporation (NASDAQ:AMWD)

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