American Software, Inc. (NASDAQ:AMSWA) President H Allan Dow sold 3,547 shares of American Software stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $11.05, for a total value of $39,194.35. Following the completion of the transaction, the president now directly owns 47,235 shares in the company, valued at $521,946.75. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

H Allan Dow also recently made the following trade(s):

  • On Monday, September 11th, H Allan Dow sold 1,409 shares of American Software stock. The stock was sold at an average price of $11.05, for a total value of $15,569.45.
  • On Friday, September 8th, H Allan Dow sold 3,790 shares of American Software stock. The stock was sold at an average price of $11.05, for a total value of $41,879.50.
  • On Wednesday, September 6th, H Allan Dow sold 3,282 shares of American Software stock. The stock was sold at an average price of $11.05, for a total value of $36,266.10.
  • On Tuesday, September 5th, H Allan Dow sold 7,989 shares of American Software stock. The stock was sold at an average price of $11.05, for a total value of $88,278.45.
  • On Friday, September 1st, H Allan Dow sold 5,995 shares of American Software stock. The stock was sold at an average price of $11.01, for a total value of $66,004.95.

Shares of American Software, Inc. (NASDAQ AMSWA) traded down 0.513% during trading on Friday, reaching $10.675. The company’s stock had a trading volume of 54,850 shares. The company has a 50 day moving average of $10.02 and a 200-day moving average of $10.44. The stock has a market cap of $317.34 million, a price-to-earnings ratio of 20.568 and a beta of 0.76. American Software, Inc. has a 12-month low of $9.00 and a 12-month high of $12.10.

American Software (NASDAQ:AMSWA) last posted its quarterly earnings data on Friday, June 23rd. The software maker reported $0.34 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.13. The firm had revenue of $26.27 million during the quarter, compared to analysts’ expectations of $27.72 million. American Software had a return on equity of 15.78% and a net margin of 14.81%. Analysts forecast that American Software, Inc. will post $0.35 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 4th. Stockholders of record on Friday, November 10th will be given a $0.11 dividend. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.09%. American Software’s payout ratio is 84.62%.

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A number of equities analysts have commented on AMSWA shares. B. Riley reaffirmed a “buy” rating and issued a $12.25 price target on shares of American Software in a research note on Sunday, June 25th. Zacks Investment Research raised American Software from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. Finally, BidaskClub cut American Software from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th.

Institutional investors have recently bought and sold shares of the company. Acadian Asset Management LLC acquired a new stake in shares of American Software in the 1st quarter worth $125,000. Citadel Advisors LLC acquired a new stake in shares of American Software in the 2nd quarter worth $133,000. GSA Capital Partners LLP boosted its position in shares of American Software by 5.4% in the 2nd quarter. GSA Capital Partners LLP now owns 13,615 shares of the software maker’s stock worth $140,000 after purchasing an additional 700 shares in the last quarter. Smith Asset Management Group LP acquired a new stake in shares of American Software in the 2nd quarter worth $142,000. Finally, American International Group Inc. boosted its position in shares of American Software by 6.9% in the 1st quarter. American International Group Inc. now owns 15,859 shares of the software maker’s stock worth $163,000 after purchasing an additional 1,027 shares in the last quarter. 74.71% of the stock is owned by hedge funds and other institutional investors.

American Software Company Profile

American Software, Inc (American Software) develops, markets and supports a portfolio of software and services that delivers enterprise management, supply chain and retail planning solutions to the marketplace. The Company operates through three business segments: Supply Chain Management (SCM), Enterprise Resource Planning (ERP) and Information Technology (IT) Consulting.

Insider Buying and Selling by Quarter for American Software (NASDAQ:AMSWA)

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