Victory Capital Management Inc. lifted its holdings in shares of American Woodmark Co. (NASDAQ:AMWD - Free Report) by 1,570.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 257,440 shares of the company's stock after purchasing an additional 242,030 shares during the period. Victory Capital Management Inc. owned 1.71% of American Woodmark worth $20,474,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in AMWD. GAMMA Investing LLC lifted its position in American Woodmark by 170.6% during the 4th quarter. GAMMA Investing LLC now owns 598 shares of the company's stock worth $48,000 after buying an additional 377 shares in the last quarter. Millburn Ridgefield Corp acquired a new position in shares of American Woodmark during the third quarter worth approximately $80,000. KBC Group NV grew its stake in shares of American Woodmark by 69.6% during the fourth quarter. KBC Group NV now owns 858 shares of the company's stock valued at $68,000 after purchasing an additional 352 shares during the last quarter. R Squared Ltd acquired a new stake in shares of American Woodmark in the fourth quarter valued at approximately $87,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of American Woodmark in the third quarter valued at approximately $158,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at American Woodmark
In other American Woodmark news, Director James G. Davis sold 1,679 shares of the business's stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $84.33, for a total value of $141,590.07. Following the completion of the transaction, the director now directly owns 28,644 shares of the company's stock, valued at approximately $2,415,548.52. The trade was a 5.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last 90 days, insiders sold 5,750 shares of company stock valued at $474,548. Corporate insiders own 1.30% of the company's stock.
American Woodmark Trading Down 2.1 %
NASDAQ AMWD opened at $58.89 on Wednesday. American Woodmark Co. has a 12 month low of $58.32 and a 12 month high of $106.57. The stock has a 50-day simple moving average of $74.43 and a 200 day simple moving average of $85.02. The company has a current ratio of 1.93, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $873.63 million, a PE ratio of 8.80 and a beta of 1.58.
American Woodmark (NASDAQ:AMWD - Get Free Report) last announced 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 net margin of 5.90% and a return on equity of 12.70%. The company had revenue of $397.58 million during the quarter, compared to the consensus estimate of $405.72 million.
Analyst Upgrades and Downgrades
AMWD has been the topic of a number of recent research reports. Wolfe Research lowered American Woodmark from an "outperform" rating to a "peer perform" rating in a research report on Tuesday, February 4th. StockNews.com lowered American Woodmark from a "hold" rating to a "sell" rating in a research report on Monday, March 3rd. Loop Capital cut their target price on shares of American Woodmark from $119.00 to $114.00 and set a "buy" rating on the stock in a research report on Wednesday, November 27th. Finally, Robert W. Baird lifted their price target on shares of American Woodmark from $115.00 to $118.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $114.00.
View Our Latest Report on American Woodmark
About American Woodmark
(
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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