American Woodmark Corporation (NASDAQ:AMWD) Director Daniel T. Hendrix sold 3,000 shares of the firm’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $80.63, for a total transaction of $241,890.00. Following the completion of the sale, the director now owns 7,155 shares in the company, valued at approximately $576,907.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of American Woodmark Corporation (NASDAQ AMWD) traded up 1.42% on Wednesday, reaching $82.00. The company had a trading volume of 138,705 shares. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 18.72 and a beta of 1.41. The company’s 50-day moving average price is $95.01 and its 200-day moving average price is $90.63. American Woodmark Corporation has a 52-week low of $69.65 and a 52-week high of $107.30.

American Woodmark Corporation (NASDAQ:AMWD) last announced its quarterly earnings results 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. The company had revenue of $276.83 million during the quarter, compared to analysts’ expectations of $278.80 million. American Woodmark Corporation had a net margin of 6.85% and a return on equity of 20.89%. American Woodmark Corporation’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.32 earnings per share. On average, analysts predict that American Woodmark Corporation will post $4.94 earnings per share for the current year.

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Several institutional investors have recently made changes to their positions in the stock. Ameritas Investment Partners Inc. bought a new position in shares of American Woodmark Corporation during the first quarter valued at $110,000. Riverhead Capital Management LLC boosted its position in American Woodmark Corporation by 99.8% in the second 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 during the last quarter. Flinton Capital Management LLC boosted its position in American Woodmark Corporation by 78.3% in the second 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 during the last quarter. State of Alaska Department of Revenue boosted its position in American Woodmark Corporation by 1.3% in the first 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 during the last quarter. Finally, Dubuque Bank & Trust Co. boosted its position in American Woodmark Corporation by 8.7% in the second 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 during the last quarter. Institutional investors own 80.12% of the company’s stock.

Several brokerages have recently issued reports on AMWD. BidaskClub downgraded shares of American Woodmark Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, August 12th. Zelman & Associates downgraded shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Zacks Investment Research downgraded shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st.

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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