American Woodmark Corporation (NASDAQ:AMWD) major shareholder William F. Brandt sold 2,000 shares of American Woodmark Corporation stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $96.19, for a total value of $192,380.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

American Woodmark Corporation (NASDAQ:AMWD) traded down 0.57% during midday trading on Thursday, hitting $95.20. The stock had a trading volume of 26,684 shares. The company’s 50-day moving average price is $88.91 and its 200 day moving average price is $92.01. The company has a market capitalization of $1.55 billion, a PE ratio of 21.74 and a beta of 1.45. 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 EPS for the quarter, missing the Zacks’ consensus estimate of $1.37 by ($0.14). American Woodmark Corporation had a net margin of 6.85% and a return on equity of 20.89%. The firm had revenue of $276.83 million during the quarter, compared to the consensus estimate of $278.80 million. During the same quarter in the previous year, the company posted $1.32 earnings per share. The firm’s revenue was up 7.2% on a year-over-year basis. On average, analysts expect that American Woodmark Corporation will post $4.94 EPS for the current year.

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Several equities analysts have issued reports on the company. Zacks Investment Research upgraded American Woodmark Corporation from a “hold” rating to a “buy” rating and set a $100.00 price objective for the company in a research report on Tuesday, September 12th. Zelman & Associates downgraded American Woodmark Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Finally, BidaskClub upgraded American Woodmark Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd.

Institutional investors and hedge funds have recently made changes to their positions in the company. Ameritas Investment Partners Inc. bought a new position in shares of American Woodmark Corporation in the 1st quarter valued at $110,000. Riverhead Capital Management LLC raised its position in American Woodmark Corporation by 99.8% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,199 shares of the company’s stock worth $114,000 after purchasing an additional 599 shares during the last quarter. Flinton Capital Management LLC raised its position in American Woodmark Corporation by 78.3% during the 2nd quarter. Flinton Capital Management LLC now owns 1,394 shares of the company’s stock worth $133,000 after purchasing an additional 612 shares during the last quarter. Dubuque Bank & Trust Co. raised its position in American Woodmark Corporation by 8.7% during the 2nd quarter. Dubuque Bank & Trust Co. now owns 1,654 shares of the company’s stock worth $158,000 after purchasing an additional 132 shares during the last quarter. Finally, SG Americas Securities LLC bought a new position in American Woodmark Corporation during the 2nd quarter worth $172,000. Institutional investors own 80.30% of the company’s stock.

About American Woodmark Corporation

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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