American Woodmark Co. (NASDAQ:AMWD) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors decreased its position in shares of American Woodmark Co. (NASDAQ:AMWD) by 71.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,210 shares of the company’s stock after selling 8,019 shares during the period. Captrust Financial Advisors’ holdings in American Woodmark were worth $300,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in AMWD. SG Americas Securities LLC lifted its holdings in shares of American Woodmark by 33.2% in the second quarter. SG Americas Securities LLC now owns 2,457 shares of the company’s stock valued at $193,000 after buying an additional 612 shares during the period. Assenagon Asset Management S.A. boosted its position in shares of American Woodmark by 22.2% during the 2nd quarter. Assenagon Asset Management S.A. now owns 35,100 shares of the company’s stock valued at $2,759,000 after purchasing an additional 6,373 shares in the last quarter. Summit Global Investments grew its stake in shares of American Woodmark by 37.3% in the 2nd quarter. Summit Global Investments now owns 14,582 shares of the company’s stock worth $1,146,000 after purchasing an additional 3,961 shares during the last quarter. Hennessy Advisors Inc. bought a new stake in shares of American Woodmark in the 2nd quarter worth approximately $6,602,000. Finally, SummerHaven Investment Management LLC raised its holdings in shares of American Woodmark by 1.8% in the 2nd quarter. SummerHaven Investment Management LLC now owns 10,093 shares of the company’s stock worth $793,000 after purchasing an additional 176 shares in the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.

American Woodmark Stock Down 0.1 %

Shares of NASDAQ:AMWD opened at $84.25 on Friday. The firm has a 50 day simple moving average of $93.58 and a 200 day simple moving average of $89.94. American Woodmark Co. has a 52 week low of $76.57 and a 52 week high of $106.57. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93. The company has a market cap of $1.27 billion, a PE ratio of 12.59 and a beta of 1.59.

American Woodmark (NASDAQ:AMWD) 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). The business had revenue of $452.50 million during the quarter, compared to analyst estimates of $458.29 million. American Woodmark had a return on equity of 12.70% and a net margin of 5.90%. The business’s quarterly revenue was down 4.5% on a year-over-year basis. During the same period last year, the business earned $2.36 EPS.

Insider Buying and Selling at American Woodmark

In other news, CEO Michael Scott Culbreth sold 3,500 shares of the business’s stock in a transaction on 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 directly owns 113,432 shares in the company, valued at $10,514,012.08. The trade was a 2.99 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 10,500 shares of company stock valued at $958,090 in the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have issued reports on AMWD. Loop Capital decreased their price target 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. Robert W. Baird lifted their target price on American Woodmark from $115.00 to $118.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $114.00.

American Woodmark 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.