American Woodmark Co. (NASDAQ:AMWD) Shares Sold by South Dakota Investment Council

South Dakota Investment Council cut its position in American Woodmark Co. (NASDAQ:AMWD) by 89.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 748 shares of the company’s stock after selling 6,281 shares during the quarter. South Dakota Investment Council’s holdings in American Woodmark were worth $59,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its position in American Woodmark by 3.5% in the 4th quarter. Principal Financial Group Inc. now owns 85,616 shares of the company’s stock valued at $6,809,000 after buying an additional 2,858 shares during the last quarter. Rhumbline Advisers lifted its stake in shares of American Woodmark by 2.0% in the fourth quarter. Rhumbline Advisers now owns 49,008 shares of the company’s stock worth $3,898,000 after acquiring an additional 941 shares in the last quarter. Empowered Funds LLC boosted its holdings in American Woodmark by 5.1% in the fourth quarter. Empowered Funds LLC now owns 89,100 shares of the company’s stock valued at $7,086,000 after purchasing an additional 4,308 shares during the last quarter. Hantz Financial Services Inc. grew its stake in American Woodmark by 122.2% during the 4th quarter. Hantz Financial Services Inc. now owns 4,370 shares of the company’s stock valued at $348,000 after purchasing an additional 2,403 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in American Woodmark during the 4th quarter valued at approximately $87,000. 95.47% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on AMWD shares. Wolfe Research cut American Woodmark from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, February 4th. 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. Finally, Loop Capital decreased their price objective on shares of American Woodmark from $119.00 to $114.00 and set a “buy” rating for the company in a report on Wednesday, November 27th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, American Woodmark presently has a consensus rating of “Hold” and a consensus target price of $114.00.

Insider Buying and Selling

In other American Woodmark news, Director James G. Davis sold 1,679 shares of the stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $84.33, for a total value of $141,590.07. Following the sale, the director now directly owns 28,644 shares of the company’s stock, valued at $2,415,548.52. This trade represents a 5.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Michael Scott Culbreth sold 3,500 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $90.10, for a total value of $315,350.00. Following the transaction, the chief executive officer now owns 106,432 shares of the company’s stock, valued at approximately $9,589,523.20. This represents a 3.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,250 shares of company stock valued at $789,898. Insiders own 1.30% of the company’s stock.

American Woodmark Trading Down 0.3 %

American Woodmark stock opened at $70.44 on Tuesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93. American Woodmark Co. has a 1 year low of $69.78 and a 1 year high of $106.57. The firm’s 50-day moving average is $78.50 and its 200-day moving average is $87.40. The company has a market cap of $1.06 billion, a P/E ratio of 10.53 and a beta of 1.61.

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

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.