William F. Brandt Sells 2,000 Shares of American Woodmark Corporation (AMWD) Stock

American Woodmark Corporation (NASDAQ:AMWD) major shareholder William F. Brandt sold 2,000 shares of the stock in a transaction on Monday, October 9th. The shares were sold at an average price of $96.00, for a total value of $192,000.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

American Woodmark Corporation (NASDAQ:AMWD) last posted its earnings results on Tuesday, August 22nd. The company reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.37 by ($0.14). The firm had revenue of $276.83 million during the quarter, compared to analyst estimates of $278.80 million. American Woodmark Corporation had a net margin of 6.85% and a return on equity of 20.89%. The business’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 firm earned $1.32 earnings per share.

WARNING: This piece was first published by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this piece on another site, it was stolen and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this piece can be viewed at https://sportsperspectives.com/2017/10/13/william-f-brandt-sells-2000-shares-of-american-woodmark-corporation-amwd-stock.html.

Several equities research analysts have recently commented on the company. Zacks Investment Research upgraded American Woodmark Corporation from a “hold” rating to a “buy” rating and set a $100.00 price objective for the company in a research note on Tuesday, September 12th. Zelman & Associates lowered American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, BidaskClub raised shares of American Woodmark Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd.

A number of institutional investors have recently added to or reduced their stakes in the business. Lord Abbett & CO. LLC lifted its holdings in American Woodmark Corporation by 109.5% during the 2nd quarter. Lord Abbett & CO. LLC now owns 32,525 shares of the company’s stock worth $3,108,000 after buying an additional 17,000 shares in the last quarter. Public Employees Retirement System of Ohio grew its position in shares of American Woodmark Corporation by 1.3% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 12,280 shares of the company’s stock valued at $1,173,000 after buying an additional 155 shares during the last quarter. Piedmont Investment Advisors LLC purchased a new position in shares of American Woodmark Corporation in the 2nd quarter valued at $288,000. Raymond James Financial Services Advisors Inc. grew its position in shares of American Woodmark Corporation by 19.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 6,227 shares of the company’s stock valued at $595,000 after buying an additional 1,026 shares during the last quarter. Finally, Broad Run Investment Management LLC grew its position in shares of American Woodmark Corporation by 0.7% in the 2nd quarter. Broad Run Investment Management LLC now owns 1,409,621 shares of the company’s stock valued at $134,689,000 after buying an additional 9,135 shares during the last quarter. Institutional investors own 80.30% of the company’s stock.

American Woodmark Corporation Company Profile

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)

Receive News & Ratings for American Woodmark Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Woodmark Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply