40,094 Shares in American Woodmark Co. (NASDAQ:AMWD) Acquired by Foundry Partners LLC

Foundry Partners LLC purchased a new position in American Woodmark Co. (NASDAQ:AMWD) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 40,094 shares of the company’s stock, valued at approximately $3,747,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of American Woodmark by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 1,710,774 shares of the company’s stock worth $173,917,000 after purchasing an additional 19,693 shares during the period. Keeley Teton Advisors LLC grew its stake in shares of American Woodmark by 66.6% during the 1st quarter. Keeley Teton Advisors LLC now owns 23,964 shares of the company’s stock worth $2,436,000 after purchasing an additional 9,576 shares during the period. Hsbc Holdings PLC grew its stake in shares of American Woodmark by 195.0% during the 2nd quarter. Hsbc Holdings PLC now owns 10,457 shares of the company’s stock worth $820,000 after purchasing an additional 6,912 shares during the period. Quadrature Capital Ltd acquired a new stake in shares of American Woodmark during the 1st quarter worth approximately $561,000. Finally, Creative Planning purchased a new position in shares of American Woodmark during the 3rd quarter valued at approximately $312,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

Insider Buying and Selling at American Woodmark

In other news, CEO Michael Scott Culbreth sold 3,500 shares of American Woodmark 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 transaction, the chief executive officer now owns 109,932 shares in the company, valued at $9,998,315.40. The trade was a 3.09 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.30% of the stock is currently owned by insiders.

American Woodmark Trading Down 0.3 %

Shares of AMWD stock opened at $94.61 on Friday. The stock’s fifty day moving average is $94.24 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. The firm has a market capitalization of $1.47 billion, a P/E ratio of 14.02 and a beta of 1.61. American Woodmark Co. has a fifty-two week low of $70.58 and a fifty-two week high of $106.57.

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AMWD. Loop Capital upgraded American Woodmark from a “hold” rating to a “buy” rating and increased their target price for the company from $98.00 to $119.00 in a research report on Thursday, October 17th. Wolfe Research upgraded American Woodmark from a “peer perform” rating to an “outperform” rating and set a $110.00 target price on the stock in a research report on Wednesday, August 14th. Finally, Robert W. Baird increased their target price on American Woodmark from $112.00 to $115.00 and gave the company an “outperform” rating in a research report on Monday, October 21st. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, American Woodmark presently has an average rating of “Moderate Buy” and an average target price of $108.00.

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.