American Woodmark Co. (NASDAQ:AMWD) Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. cut its position in shares of American Woodmark Co. (NASDAQ:AMWD) by 0.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 62,679 shares of the company’s stock after selling 140 shares during the period. D.A. Davidson & CO.’s holdings in American Woodmark were worth $5,857,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of AMWD. Vanguard Group Inc. raised its position in American Woodmark by 1.2% in the first quarter. Vanguard Group Inc. now owns 1,710,774 shares of the company’s stock valued at $173,917,000 after purchasing an additional 19,693 shares during the period. Lazard Asset Management LLC boosted its holdings in American Woodmark by 155.3% in the first quarter. Lazard Asset Management LLC now owns 7,671 shares of the company’s stock valued at $779,000 after purchasing an additional 4,666 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in American Woodmark by 3.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,359 shares of the company’s stock valued at $1,257,000 after purchasing an additional 423 shares in the last quarter. DekaBank Deutsche Girozentrale increased its holdings in American Woodmark by 67.9% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 932 shares of the company’s stock worth $94,000 after purchasing an additional 377 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in shares of American Woodmark by 33.2% in the 2nd quarter. SG Americas Securities LLC now owns 2,457 shares of the company’s stock valued at $193,000 after purchasing an additional 612 shares in the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at American Woodmark

In related news, CEO Michael Scott Culbreth sold 3,500 shares of the company’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $90.95, for a total transaction of $318,325.00. Following the completion of the transaction, the chief executive officer now directly owns 109,932 shares in the company, valued at $9,998,315.40. This represents a 3.09 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Loop Capital dropped their price target 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. Wolfe Research raised shares of American Woodmark from a “peer perform” rating to an “outperform” rating and set a $110.00 target price for the company in a research report on Wednesday, August 14th. Finally, Robert W. Baird increased their price target on shares of American Woodmark from $115.00 to $118.00 and gave the stock an “outperform” rating in a research report on Wednesday. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $107.50.

American Woodmark Stock Down 2.7 %

Shares of NASDAQ:AMWD opened at $89.19 on Thursday. The company’s fifty day moving average is $94.70 and its two-hundred day moving average is $90.36. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.14 and a current ratio of 1.98. American Woodmark Co. has a 1-year low of $70.58 and a 1-year high of $106.57. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of 13.21 and a beta of 1.61.

American Woodmark (NASDAQ:AMWD) last released its quarterly earnings data on Tuesday, August 27th. The company reported $1.89 earnings per share for the quarter, missing the consensus estimate of $2.37 by ($0.48). American Woodmark had a return on equity of 13.51% and a net margin of 5.97%. The business had revenue of $459.10 million for the quarter, compared to analyst estimates of $475.37 million. American Woodmark’s revenue was down 7.9% compared to the same quarter last year. During the same quarter last year, the company earned $2.78 EPS.

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.