American Woodmark Corporation (AMWD) Insider Steven Cary Dunston Sells 500 Shares of Stock

American Woodmark Corporation (NASDAQ:AMWD) insider Steven Cary Dunston sold 500 shares of the company’s stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $94.60, for a total value of $47,300.00. Following the sale, the insider now owns 48,109 shares in the company, valued at approximately $4,551,111.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Steven Cary Dunston also recently made the following trade(s):

  • On Monday, October 30th, Steven Cary Dunston sold 500 shares of American Woodmark Corporation stock. The shares were sold at an average price of $99.35, for a total value of $49,675.00.
  • On Monday, August 28th, Steven Cary Dunston sold 500 shares of American Woodmark Corporation stock. The shares were sold at an average price of $80.55, for a total value of $40,275.00.

Shares of American Woodmark Corporation (NASDAQ AMWD) opened at $89.85 on Tuesday. The company has a current ratio of 3.45, a quick ratio of 3.00 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $1,446.24, a P/E ratio of 20.46 and a beta of 1.55. American Woodmark Corporation has a 1 year low of $69.65 and a 1 year high of $107.30.

American Woodmark Corporation (NASDAQ:AMWD) last announced its quarterly earnings results on Tuesday, August 22nd. The company reported $1.23 earnings per share for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.14). The company had revenue of $276.83 million for the quarter, compared to analyst estimates of $278.80 million. American Woodmark Corporation had a return on equity of 20.89% and a net margin of 6.85%. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.32 earnings per share. research analysts predict that American Woodmark Corporation will post 4.92 earnings per share for the current fiscal year.

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Several brokerages have issued reports on AMWD. Zacks Investment Research upgraded American Woodmark Corporation from a “hold” rating to a “buy” rating and set a $100.00 price objective on the stock in a research note on Tuesday, September 12th. Zelman & Associates cut American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, BidaskClub upgraded American Woodmark Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd.

Several institutional investors have recently made changes to their positions in the company. BlackRock Inc. raised its position in shares of American Woodmark Corporation by 148,318.8% during the 1st quarter. BlackRock Inc. now owns 1,806,257 shares of the company’s stock worth $165,816,000 after purchasing an additional 1,805,040 shares during the period. Broad Run Investment Management LLC raised its position in shares of American Woodmark Corporation by 0.7% during the 2nd quarter. Broad Run Investment Management LLC now owns 1,409,621 shares of the company’s stock worth $134,689,000 after purchasing an additional 9,135 shares during the period. Dimensional Fund Advisors LP raised its position in shares of American Woodmark Corporation by 3.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 670,199 shares of the company’s stock worth $64,037,000 after purchasing an additional 22,498 shares during the period. State Street Corp raised its position in shares of American Woodmark Corporation by 4.1% during the 2nd quarter. State Street Corp now owns 338,203 shares of the company’s stock worth $32,312,000 after purchasing an additional 13,438 shares during the period. Finally, Rothschild Asset Management Inc. raised its position in shares of American Woodmark Corporation by 4.7% during the 3rd quarter. Rothschild Asset Management Inc. now owns 335,692 shares of the company’s stock worth $32,310,000 after purchasing an additional 15,145 shares during the period. Institutional investors and hedge funds own 78.39% of the company’s stock.

About American Woodmark Corporation

American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The Company offers framed stock cabinets in approximately 500 different cabinet lines, ranging in price from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces.

Insider Buying and Selling by Quarter for American Woodmark Corporation (NASDAQ:AMWD)

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