American Woodmark Co. (NASDAQ:AMWD) major shareholder William F. Brandt sold 12,000 shares of the business’s stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $132.08, for a total value of $1,584,960.00. Following the completion of the transaction, the insider now directly owns 1,763,245 shares in the company, valued at approximately $232,889,399.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
American Woodmark Co. (NASDAQ:AMWD) traded down $1.00 during trading on Friday, reaching $132.70. The company’s stock had a trading volume of 63,239 shares, compared to its average volume of 177,442. The company has a current ratio of 3.41, a quick ratio of 2.95 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $2,130.00, a price-to-earnings ratio of 29.36 and a beta of 1.56. American Woodmark Co. has a one year low of $69.65 and a one year high of $136.15.
American Woodmark (NASDAQ:AMWD) last posted its quarterly earnings data on Friday, December 1st. The company reported $1.23 EPS for the quarter, missing analysts’ consensus estimates of $1.24 by ($0.01). The business had revenue of $274.80 million during the quarter, compared to analyst estimates of $280.60 million. American Woodmark had a return on equity of 20.56% and a net margin of 6.98%. American Woodmark’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.10 EPS. equities analysts forecast that American Woodmark Co. will post 4.96 EPS for the current year.
Hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada raised its position in shares of American Woodmark by 274.8% during the second quarter. Royal Bank of Canada now owns 3,564 shares of the company’s stock worth $340,000 after acquiring an additional 2,613 shares during the last quarter. Strs Ohio bought a new stake in American Woodmark in the third quarter valued at about $877,000. Tributary Capital Management LLC increased its holdings in American Woodmark by 45.5% in the third quarter. Tributary Capital Management LLC now owns 160,859 shares of the company’s stock valued at $15,483,000 after purchasing an additional 50,301 shares during the last quarter. Citadel Advisors LLC bought a new stake in American Woodmark in the second quarter valued at about $558,000. Finally, Cubist Systematic Strategies LLC bought a new stake in American Woodmark in the second quarter valued at about $322,000. Institutional investors own 82.60% of the company’s stock.
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About American Woodmark
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.
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