American Software (AMSWA) Earning Somewhat Positive Press Coverage, Analysis Finds
Media coverage about American Software (NASDAQ:AMSWA) has been trending somewhat positive this week, Accern reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. American Software earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 41.571314106418 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Demand Management, Inc. Announces Siemens Healthineers Wins Ventana Leadership Award in Service and Supply Chain Excellence (finance.yahoo.com)
- Logility Sponsors the Australasian Supply Chain Institute (ASCI) to Promote Supply Chain Excellence Across the Region (finance.yahoo.com)
- Logility Named a Supply & Demand Chain Executive 100 Recipient for the Fifteenth Consecutive Year (finance.yahoo.com)
- Insider Selling: American Software, Inc. (AMSWA) CFO Sells 20,127 Shares of Stock (americanbankingnews.com)
- Byer California Transforms Design Productivity with NGC’s PLM Solution (finance.yahoo.com)
AMSWA has been the topic of several recent analyst reports. Zacks Investment Research cut shares of American Software from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. BidaskClub lowered shares of American Software from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Finally, B. Riley reissued a “buy” rating and issued a $12.25 price target on shares of American Software in a report on Sunday, June 25th.
Shares of American Software (NASDAQ AMSWA) traded down 1.09% during trading on Friday, hitting $11.82. 50,611 shares of the stock were exchanged. The stock has a market cap of $351.37 million, a PE ratio of 22.77 and a beta of 0.78. The firm has a 50 day moving average of $10.75 and a 200-day moving average of $10.52. American Software has a 52-week low of $9.00 and a 52-week high of $12.10.
The business also recently announced a quarterly dividend, which will be paid on Monday, December 4th. Stockholders of record on Friday, November 10th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 3.73%. The ex-dividend date of this dividend is Thursday, November 9th. American Software’s dividend payout ratio (DPR) is presently 84.62%.
In related news, CFO Vincent C. Klinges sold 20,127 shares of the company’s stock in a transaction on Friday, September 29th. The shares were sold at an average price of $11.35, for a total transaction of $228,441.45. Following the sale, the chief financial officer now owns 116,965 shares of the company’s stock, valued at $1,327,552.75. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Vincent C. Klinges sold 7,185 shares of the company’s stock in a transaction on Tuesday, September 26th. The shares were sold at an average price of $11.14, for a total transaction of $80,040.90. Following the sale, the chief financial officer now directly owns 42,185 shares in the company, valued at approximately $469,940.90. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 230,861 shares of company stock worth $2,550,422. 13.89% of the stock is owned by insiders.
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.
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