American Woodmark Co. (NASDAQ:AMWD) Shares Acquired by Barclays PLC

Barclays PLC grew its position in American Woodmark Co. (NASDAQ:AMWD - Free Report) by 267.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,316 shares of the company's stock after acquiring an additional 22,804 shares during the quarter. Barclays PLC owned approximately 0.20% of American Woodmark worth $2,927,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in AMWD. CWM LLC increased its stake in American Woodmark by 56.7% during the third quarter. CWM LLC now owns 622 shares of the company's stock valued at $58,000 after purchasing an additional 225 shares during the last quarter. Innealta Capital LLC bought a new stake in shares of American Woodmark during the 2nd quarter valued at about $66,000. Picton Mahoney Asset Management acquired a new stake in American Woodmark during the second quarter worth about $71,000. Millburn Ridgefield Corp bought a new position in American Woodmark in the third quarter worth about $80,000. Finally, DekaBank Deutsche Girozentrale boosted its stake in American Woodmark by 56.5% in the second quarter. DekaBank Deutsche Girozentrale now owns 1,459 shares of the company's stock valued at $114,000 after acquiring an additional 527 shares during the period. 95.47% of the stock is owned by institutional investors and hedge funds.

American Woodmark Stock Performance

Shares of AMWD traded up $0.65 during mid-day trading on Wednesday, reaching $81.40. 57,701 shares of the company's stock traded hands, compared to its average volume of 154,771. American Woodmark Co. has a 12 month low of $76.57 and a 12 month high of $106.57. The stock has a market capitalization of $1.23 billion, a P/E ratio of 12.17 and a beta of 1.59. The business's 50-day moving average price is $92.12 and its 200-day moving average price is $89.80. 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 (NASDAQ:AMWD - Get Free Report) last announced its earnings results on Tuesday, November 26th. The company reported $2.08 earnings per share for the quarter, missing the consensus estimate of $2.37 by ($0.29). The business had revenue of $452.50 million for the quarter, compared to the consensus estimate of $458.29 million. American Woodmark had a net margin of 5.90% and a return on equity of 12.70%. The firm's revenue was down 4.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.36 EPS.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Loop Capital lowered their target price on American Woodmark from $119.00 to $114.00 and set a "buy" rating for the company in a report on Wednesday, November 27th. Robert W. Baird upped their price objective on American Woodmark from $115.00 to $118.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 27th. Two research 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 has an average rating of "Moderate Buy" and a consensus price target of $114.00.

Insider Activity at American Woodmark

In other news, CEO Michael Scott Culbreth sold 3,500 shares of the firm's stock in a transaction dated 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 transaction, the chief executive officer now owns 106,432 shares in the company, valued at approximately $9,589,523.20. This trade represents a 3.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director James G. Davis sold 2,821 shares of the business's stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $82.23, for a total transaction of $231,970.83. Following the completion of the sale, the director now owns 25,823 shares in the company, valued at $2,123,425.29. The trade was a 9.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,000 shares of company stock worth $1,331,651 in the last 90 days. Corporate insiders own 1.30% of the company's stock.

American Woodmark Company Profile

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.