South Dakota Investment Council lowered its position in American Woodmark Co. (NASDAQ:AMWD - Free Report) by 89.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 748 shares of the company's stock after selling 6,281 shares during the quarter. South Dakota Investment Council's holdings in American Woodmark were worth $59,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC increased its position in American Woodmark by 170.6% in the 4th quarter. GAMMA Investing LLC now owns 598 shares of the company's stock valued at $48,000 after acquiring an additional 377 shares during the period. CWM LLC grew its stake in shares of American Woodmark by 56.7% in the third quarter. CWM LLC now owns 622 shares of the company's stock worth $58,000 after purchasing an additional 225 shares during the last quarter. Millburn Ridgefield Corp acquired a new stake in American Woodmark in the third quarter valued at $80,000. KBC Group NV raised its position in American Woodmark by 69.6% during the 4th quarter. KBC Group NV now owns 858 shares of the company's stock worth $68,000 after purchasing an additional 352 shares during the last quarter. Finally, R Squared Ltd bought a new stake in shares of American Woodmark in the 4th quarter valued at about $87,000. Institutional investors and hedge funds own 95.47% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on AMWD shares. Wolfe Research downgraded shares of American Woodmark from an "outperform" rating to a "peer perform" rating in a research report on Tuesday, February 4th. Loop Capital dropped their target price on shares of American Woodmark from $119.00 to $114.00 and set a "buy" rating on the stock in a report on Wednesday, November 27th. Finally, Robert W. Baird increased their price target on American Woodmark from $115.00 to $118.00 and gave the stock an "outperform" rating in a report on Wednesday, November 27th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $114.00.
Read Our Latest Analysis on AMWD
American Woodmark Trading Up 0.3 %
Shares of AMWD stock traded up $0.18 during trading hours on Friday, hitting $62.08. 267,053 shares of the company were exchanged, compared to its average volume of 158,348. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93. American Woodmark Co. has a fifty-two week low of $60.62 and a fifty-two week high of $106.57. The company has a 50 day simple moving average of $77.68 and a two-hundred day simple moving average of $86.98. The firm has a market cap of $934.55 million, a P/E ratio of 9.28 and a beta of 1.61.
American Woodmark (NASDAQ:AMWD - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported $1.05 EPS for the quarter, missing analysts' consensus estimates of $1.32 by ($0.27). American Woodmark had a return on equity of 12.70% and a net margin of 5.90%. The company had revenue of $397.58 million during the quarter, compared to analyst estimates of $405.72 million.
Insider Activity at American Woodmark
In other American Woodmark news, CEO Michael Scott Culbreth sold 3,500 shares of the business's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $90.10, for a total transaction of $315,350.00. Following the completion of the sale, the chief executive officer now owns 106,432 shares in the company, valued at approximately $9,589,523.20. The trade was a 3.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James G. Davis sold 1,679 shares of the company's stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $84.33, for a total transaction of $141,590.07. Following the transaction, the director now owns 28,644 shares in the company, valued at approximately $2,415,548.52. The trade was a 5.54 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,250 shares of company stock valued at $789,898 in the last three months. Corporate insiders own 1.30% of the company's stock.
American Woodmark Profile
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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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