R Squared Ltd Purchases New Position in American Woodmark Co. (NASDAQ:AMWD)

R Squared Ltd acquired a new position in American Woodmark Co. (NASDAQ:AMWDFree Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,100 shares of the company’s stock, valued at approximately $87,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. GAMMA Investing LLC raised its holdings in shares of American Woodmark by 170.6% during the fourth quarter. GAMMA Investing LLC now owns 598 shares of the company’s stock valued at $48,000 after acquiring an additional 377 shares in the last quarter. CWM LLC increased its position in American Woodmark by 56.7% during the 3rd quarter. CWM LLC now owns 622 shares of the company’s stock valued at $58,000 after purchasing an additional 225 shares during the period. KBC Group NV raised its holdings in American Woodmark by 69.6% in the 4th quarter. KBC Group NV now owns 858 shares of the company’s stock worth $68,000 after purchasing an additional 352 shares in the last quarter. Millburn Ridgefield Corp purchased a new stake in shares of American Woodmark in the 3rd quarter worth about $80,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of American Woodmark during the 3rd quarter valued at about $158,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Insiders Place Their Bets

In other news, Director James G. Davis sold 1,250 shares of the stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of $80.79, for a total transaction of $100,987.50. Following the sale, the director now owns 24,573 shares in the company, valued at $1,985,252.67. This represents a 4.84 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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 transaction of $315,350.00. Following the completion of the transaction, the chief executive officer now owns 106,432 shares of the company’s stock, valued at approximately $9,589,523.20. The trade was a 3.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,250 shares of company stock valued at $789,898. 1.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have commented on the stock. Loop Capital lowered 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. Robert W. Baird raised their target price on American Woodmark from $115.00 to $118.00 and gave the company an “outperform” rating in a research note on Wednesday, November 27th. Two 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, American Woodmark presently has an average rating of “Moderate Buy” and a consensus target price of $114.00.

Get Our Latest Analysis on American Woodmark

American Woodmark Trading Up 0.7 %

Shares of NASDAQ AMWD opened at $79.36 on Friday. American Woodmark Co. has a 1 year low of $73.24 and a 1 year high of $106.57. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.93 and a quick ratio of 1.05. The firm has a 50-day moving average of $83.49 and a 200 day moving average of $89.71. The stock has a market cap of $1.19 billion, a P/E ratio of 11.86 and a beta of 1.61.

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

American Woodmark Profile

(Free Report)

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.

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Institutional Ownership by Quarter for American Woodmark (NASDAQ:AMWD)

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