XTX Topco Ltd Takes Position in American Woodmark Co. (NASDAQ:AMWD)

XTX Topco Ltd bought a new stake in American Woodmark Co. (NASDAQ:AMWD - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 12,371 shares of the company's stock, valued at approximately $1,156,000. XTX Topco Ltd owned approximately 0.08% of American Woodmark as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Victory Capital Management Inc. boosted its holdings in shares of American Woodmark by 0.8% in the third quarter. Victory Capital Management Inc. now owns 15,410 shares of the company's stock valued at $1,440,000 after acquiring an additional 117 shares in the last quarter. Guidance Capital Inc. grew its holdings in American Woodmark by 2.3% in the third quarter. Guidance Capital Inc. now owns 5,369 shares of the company's stock valued at $542,000 after purchasing an additional 119 shares during the period. SummerHaven Investment Management LLC grew its stake in American Woodmark by 1.8% during the second quarter. SummerHaven Investment Management LLC now owns 10,093 shares of the company's stock worth $793,000 after buying an additional 176 shares during the period. Azzad Asset Management Inc. ADV grew its stake in American Woodmark by 3.5% during the second quarter. Azzad Asset Management Inc. ADV now owns 6,024 shares of the company's stock worth $473,000 after buying an additional 203 shares during the period. Finally, Glenmede Trust Co. NA lifted its position in shares of American Woodmark by 4.6% during the third quarter. Glenmede Trust Co. NA now owns 5,080 shares of the company's stock worth $475,000 after purchasing an additional 222 shares in the last quarter. Hedge funds and other institutional investors own 95.47% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on AMWD shares. Robert W. Baird upped their price target on shares of American Woodmark from $115.00 to $118.00 and gave the company an "outperform" rating in a report on Wednesday, November 27th. Wolfe Research upgraded American Woodmark from a "peer perform" rating to an "outperform" rating and set a $110.00 price objective on the stock in a report on Wednesday, August 14th. Finally, Loop Capital lowered their price target on American Woodmark from $119.00 to $114.00 and set a "buy" rating on the stock in a report on Wednesday, November 27th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $114.00.

Insider Activity

In related news, CEO Michael Scott Culbreth sold 3,500 shares of the company's stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $92.69, for a total transaction of $324,415.00. Following the transaction, the chief executive officer now owns 113,432 shares in the company, valued at $10,514,012.08. This represents a 2.99 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In the last quarter, insiders have sold 10,500 shares of company stock worth $958,090. Corporate insiders own 1.30% of the company's stock.

American Woodmark Stock Performance

AMWD traded down $1.47 during trading on Tuesday, reaching $87.15. 88,681 shares of the company's stock were exchanged, compared to its average volume of 152,071. American Woodmark Co. has a fifty-two week low of $76.57 and a fifty-two week high of $106.57. The company has a quick ratio of 1.05, a current ratio of 1.93 and a debt-to-equity ratio of 0.40. The business has a 50 day moving average price of $94.04 and a 200 day moving average price of $90.02. The company has a market capitalization of $1.31 billion, a P/E ratio of 13.03 and a beta of 1.59.

American Woodmark (NASDAQ:AMWD - Get Free Report) last issued its earnings results on Tuesday, November 26th. The company reported $2.08 EPS for the quarter, missing the consensus estimate of $2.37 by ($0.29). American Woodmark had a net margin of 5.90% and a return on equity of 12.70%. The firm had revenue of $452.50 million during the quarter, compared to analyst estimates of $458.29 million. During the same quarter in the prior year, the firm posted $2.36 EPS. The firm's revenue for the quarter was down 4.5% on a year-over-year basis.

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.