American Woodmark Co. (NASDAQ:AMWD) major shareholder William F. Brandt sold 12,000 shares of American Woodmark 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 transaction, the insider now directly owns 1,763,245 shares in the company, valued at $232,889,399.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Shares of American Woodmark Co. (AMWD) opened at $132.70 on Friday. The stock has a market cap of $2,322.65, a P/E ratio of 29.62 and a beta of 1.56. American Woodmark Co. has a 52 week low of $69.65 and a 52 week high of $136.15. The company has a quick ratio of 2.95, a current ratio of 3.41 and a debt-to-equity ratio of 0.04.

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

A number of brokerages have commented on AMWD. Zacks Investment Research downgraded shares of American Woodmark from a “buy” rating to a “sell” rating in a research note on Tuesday, October 24th. BidaskClub raised shares of American Woodmark from a “sell” rating to a “hold” rating in a research note on Saturday, December 2nd. Finally, Robert W. Baird lifted their target price on shares of American Woodmark from $108.00 to $142.00 and gave the stock an “outperform” rating in a research note on Monday, December 4th.

Institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada raised its stake in shares of American Woodmark by 274.8% in the 2nd quarter. Royal Bank of Canada now owns 3,564 shares of the company’s stock valued at $340,000 after acquiring an additional 2,613 shares during the period. Strs Ohio purchased a new stake in shares of American Woodmark in the 3rd quarter valued at approximately $877,000. Tributary Capital Management LLC raised its stake in shares of American Woodmark by 45.5% in the 3rd quarter. Tributary Capital Management LLC now owns 160,859 shares of the company’s stock valued at $15,483,000 after acquiring an additional 50,301 shares during the period. Citadel Advisors LLC purchased a new stake in shares of American Woodmark in the 2nd quarter valued at approximately $558,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of American Woodmark in the 2nd quarter valued at approximately $322,000. 82.60% of the stock is currently owned by institutional investors and hedge funds.

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About American Woodmark

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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