First Trust Advisors LP boosted its position in American Woodmark Corp. (NASDAQ:AMWD) by 23.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,148 shares of the company’s stock after buying an additional 6,433 shares during the period. First Trust Advisors LP owned about 0.21% of American Woodmark Corp. worth $2,267,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Motley Fool Asset Management LLC increased its position in shares of American Woodmark Corp. by 89.9% in the first quarter. Motley Fool Asset Management LLC now owns 191,407 shares of the company’s stock worth $14,277,000 after buying an additional 90,636 shares in the last quarter. Rothschild Asset Management Inc. increased its position in shares of American Woodmark Corp. by 15.1% in the second quarter. Rothschild Asset Management Inc. now owns 300,853 shares of the company’s stock worth $19,971,000 after buying an additional 39,565 shares in the last quarter. Moody Aldrich Partners LLC increased its position in shares of American Woodmark Corp. by 262.8% in the second quarter. Moody Aldrich Partners LLC now owns 35,715 shares of the company’s stock worth $2,371,000 after buying an additional 25,870 shares in the last quarter. Prudential Financial Inc. increased its position in shares of American Woodmark Corp. by 18.9% in the first quarter. Prudential Financial Inc. now owns 160,806 shares of the company’s stock worth $11,994,000 after buying an additional 25,516 shares in the last quarter. Finally, Frontier Capital Management Co. LLC increased its position in shares of American Woodmark Corp. by 16.6% in the second quarter. Frontier Capital Management Co. LLC now owns 126,492 shares of the company’s stock worth $8,397,000 after buying an additional 18,003 shares in the last quarter. Institutional investors and hedge funds own 79.41% of the company’s stock.

American Woodmark Corp. (NASDAQ:AMWD) traded down 0.33% during trading on Friday, hitting $81.00. 57,476 shares of the stock traded hands. The company’s 50 day moving average price is $80.63 and its 200 day moving average price is $74.27. American Woodmark Corp. has a 12 month low of $57.04 and a 12 month high of $89.89. The company has a market cap of $1.32 billion, a P/E ratio of 20.41 and a beta of 1.90.

American Woodmark Corp. (NASDAQ:AMWD) last issued its quarterly earnings data on Tuesday, August 23rd. The company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.39. The firm earned $258.20 million during the quarter, compared to the consensus estimate of $261.65 million. American Woodmark Corp. had a return on equity of 23.08% and a net margin of 6.70%. The company’s quarterly revenue was up 11.7% on a year-over-year basis. During the same period last year, the company earned $0.92 EPS. On average, equities research analysts anticipate that American Woodmark Corp. will post $4.40 EPS for the current fiscal year.

AMWD has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of American Woodmark Corp. from a “hold” rating to a “buy” rating and set a $97.00 target price for the company in a report on Thursday, August 25th. Robert W. Baird upped their price objective on shares of American Woodmark Corp. from $78.00 to $88.00 and gave the company an “outperform” rating in a report on Wednesday, August 24th.

In related news, Director William F. Brandt sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, June 29th. The stock was sold at an average price of $64.76, for a total transaction of $64,760.00. Following the completion of the transaction, the director now directly owns 2,089,465 shares in the company, valued at approximately $135,313,753.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William F. Brandt sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, August 30th. The shares were sold at an average price of $88.87, for a total value of $2,666,100.00. Following the transaction, the director now owns 2,046,065 shares of the company’s stock, valued at $181,833,796.55. The disclosure for this sale can be found here. Corporate insiders own 14.40% of the company’s stock.

About American Woodmark Corp.

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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