American Woodmark Corp. (NASDAQ:AMWD)’s share price shot up 3.3% on Monday . The stock traded as high as $78.50 and last traded at $77.41, with a volume of 281,288 shares. The stock had previously closed at $74.94.

Several research firms have weighed in on AMWD. Zacks Investment Research cut shares of American Woodmark Corp. from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 2nd. Robert W. Baird upgraded shares of American Woodmark Corp. from a “neutral” rating to an “outperform” rating and set a $78.00 price objective on the stock in a research report on Friday, June 3rd. They noted that the move was a valuation call.

The stock’s 50 day moving average price is $74.11 and its 200 day moving average price is $71.09. The company has a market capitalization of $1.27 billion and a P/E ratio of 21.89.

American Woodmark Corp. (NASDAQ:AMWD) last announced its earnings results on Thursday, June 2nd. The company reported $0.86 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.89 by $0.03. The firm had revenue of $240.90 million for the quarter, compared to the consensus estimate of $237.16 million. The company’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.68 EPS. On average, equities research analysts expect that American Woodmark Corp. will post $4.00 earnings per share for the current fiscal year.

In other news, Director William F. Brandt sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 22nd. The shares were sold at an average price of $64.37, for a total transaction of $64,370.00. Following the transaction, the director now directly owns 2,090,184 shares in the company, valued at $134,545,144.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William F. Brandt sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $79.85, for a total transaction of $239,550.00. Following the transaction, the director now owns 2,096,065 shares in the company, valued at $167,370,790.25. The disclosure for this sale can be found here.

Other institutional investors have made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of American Woodmark Corp. by 5.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 679,180 shares of the company’s stock valued at $54,321,000 after buying an additional 37,324 shares in the last quarter. Matarin Capital Management LLC acquired a new position in shares of American Woodmark Corp. during the fourth quarter valued at $10,109,000. Victory Capital Management Inc. raised its position in shares of American Woodmark Corp. by 3,709.1% in the fourth quarter. Victory Capital Management Inc. now owns 39,881 shares of the company’s stock valued at $3,190,000 after buying an additional 38,834 shares in the last quarter. Finally, Rhumbline Advisers raised its position in shares of American Woodmark Corp. by 7.1% in the fourth quarter. Rhumbline Advisers now owns 16,119 shares of the company’s stock valued at $1,289,000 after buying an additional 1,070 shares in the last quarter.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.