American Woodmark Co. (NASDAQ:AMWD - Get Free Report) CEO Michael Scott Culbreth sold 3,500 shares of the business's stock in a transaction on Friday, November 1st. The stock was sold at an average price of $90.95, for a total transaction of $318,325.00. Following the transaction, the chief executive officer now directly owns 109,932 shares of the company's stock, valued at approximately $9,998,315.40. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Michael Scott Culbreth also recently made the following trade(s):
- On Tuesday, October 1st, Michael Scott Culbreth sold 3,500 shares of American Woodmark stock. The stock was sold at an average price of $92.69, for a total transaction of $324,415.00.
American Woodmark Price Performance
Shares of AMWD stock opened at $92.68 on Tuesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.98 and a quick ratio of 1.14. The stock's fifty day simple moving average is $91.34 and its 200 day simple moving average is $89.87. American Woodmark Co. has a one year low of $70.58 and a one year high of $106.57. The firm has a market cap of $1.44 billion, a price-to-earnings ratio of 13.73 and a beta of 1.61.
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American Woodmark (NASDAQ:AMWD - Get Free Report) last posted its earnings results on Tuesday, August 27th. The company reported $1.89 earnings per share for the quarter, missing the consensus estimate of $2.37 by ($0.48). American Woodmark had a return on equity of 13.51% and a net margin of 5.97%. The firm had revenue of $459.10 million during the quarter, compared to the consensus estimate of $475.37 million. During the same period in the previous year, the company posted $2.78 EPS. The firm's revenue for the quarter was down 7.9% compared to the same quarter last year.
Analyst Upgrades and Downgrades
AMWD has been the subject of several recent research reports. Zelman & Associates reaffirmed a "neutral" rating on shares of American Woodmark in a report on Wednesday, July 17th. Loop Capital upgraded shares of American Woodmark from a "hold" rating to a "buy" rating and lifted their price target for the stock from $98.00 to $119.00 in a research note on Thursday, October 17th. Robert W. Baird increased their price objective on shares of American Woodmark from $112.00 to $115.00 and gave the company an "outperform" rating in a research note on Monday, October 21st. Finally, Wolfe Research raised shares of American Woodmark from a "peer perform" rating to an "outperform" rating and set a $110.00 price objective for the company in a report on Wednesday, August 14th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $108.00.
Read Our Latest Stock Report on American Woodmark
Institutional Trading of American Woodmark
Several hedge funds have recently modified their holdings of the company. CWM LLC grew its position in American Woodmark by 56.7% during the 3rd quarter. CWM LLC now owns 622 shares of the company's stock worth $58,000 after acquiring an additional 225 shares during the last quarter. Innealta Capital LLC acquired a new stake in shares of American Woodmark in the second quarter valued at $66,000. Picton Mahoney Asset Management bought a new position in shares of American Woodmark in the second quarter valued at about $71,000. DekaBank Deutsche Girozentrale lifted its position in American Woodmark by 67.9% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 932 shares of the company's stock worth $94,000 after buying an additional 377 shares in the last quarter. Finally, EntryPoint Capital LLC grew its holdings in American Woodmark by 67.8% during the 1st quarter. EntryPoint Capital LLC now owns 1,562 shares of the company's stock worth $159,000 after acquiring an additional 631 shares during the last quarter. Institutional investors and hedge funds own 95.47% of the company's stock.
About American Woodmark
(
Get Free Report)
American Woodmark Corporation manufactures and distributes kitchen, bath, office, home organization, and hardware products for the remodelling and new home construction markets in the United States. The company offers made-to-order and cash and carry products. It also provides turnkey installation services to its direct builder customers through a network of eight service centers.
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