American Woodmark Co. (NASDAQ:AMWD) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans reduced its holdings in shares of American Woodmark Co. (NASDAQ:AMWD) by 6.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,240 shares of the company’s stock after selling 914 shares during the quarter. Thrivent Financial for Lutherans’ holdings in American Woodmark were worth $1,144,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake in shares of American Woodmark by 0.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,210,543 shares of the company’s stock worth $95,149,000 after purchasing an additional 7,496 shares in the last quarter. Cooke & Bieler LP increased its position in American Woodmark by 9.8% during the second quarter. Cooke & Bieler LP now owns 909,653 shares of the company’s stock worth $71,499,000 after buying an additional 80,873 shares in the last quarter. Pacer Advisors Inc. raised its holdings in shares of American Woodmark by 18.2% in the second quarter. Pacer Advisors Inc. now owns 843,195 shares of the company’s stock worth $66,275,000 after acquiring an additional 129,692 shares during the last quarter. LSV Asset Management lifted its position in shares of American Woodmark by 36.6% in the second quarter. LSV Asset Management now owns 228,320 shares of the company’s stock valued at $17,946,000 after acquiring an additional 61,206 shares in the last quarter. Finally, WCM Investment Management LLC boosted its stake in shares of American Woodmark by 4.5% during the third quarter. WCM Investment Management LLC now owns 187,044 shares of the company’s stock valued at $17,388,000 after acquiring an additional 8,059 shares during the last quarter. Institutional investors and hedge funds own 95.47% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on AMWD shares. Loop Capital cut their target price on shares of American Woodmark from $119.00 to $114.00 and set a “buy” rating for the company in a research note on Wednesday, November 27th. Wolfe Research raised shares of American Woodmark from a “peer perform” rating to an “outperform” rating and set a $110.00 price objective on the stock in a research note on Wednesday, August 14th. Finally, Robert W. Baird raised their target price 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. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $107.50.

American Woodmark Stock Up 1.8 %

AMWD opened at $90.78 on Monday. American Woodmark Co. has a 12 month low of $70.58 and a 12 month high of $106.57. The business has a 50-day moving average of $94.52 and a two-hundred day moving average of $90.24. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.93 and a quick ratio of 1.14. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of 13.57 and a beta of 1.61.

Insider Buying and Selling

In related news, CEO Michael Scott Culbreth sold 3,500 shares of the stock in a transaction on Friday, November 1st. The stock was sold at an average price of $90.95, for a total value 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 trade represents a 3.09 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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.