American Woodmark Corporation (NASDAQ:AMWD) Director Vance W. Tang sold 1,700 shares of the stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $90.05, for a total transaction of $153,085.00. Following the completion of the sale, the director now directly owns 11,170 shares in the company, valued at $1,005,858.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of American Woodmark Corporation (AMWD) traded up 0.45% during midday trading on Friday, hitting $89.70. 170,592 shares of the stock were exchanged. The firm’s 50 day moving average price is $90.01 and its 200-day moving average price is $91.41. American Woodmark Corporation has a 52-week low of $69.65 and a 52-week high of $107.30. The stock has a market cap of $1.46 billion, a P/E ratio of 20.48 and a beta of 1.41.

American Woodmark Corporation (NASDAQ:AMWD) last announced its quarterly earnings data on Tuesday, August 22nd. The company reported $1.23 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.37 by ($0.14). The company had revenue of $276.83 million for the quarter, compared to the consensus estimate of $278.80 million. American Woodmark Corporation had a net margin of 6.85% and a return on equity of 20.89%. The company’s revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.32 earnings per share. On average, equities research analysts expect that American Woodmark Corporation will post $4.94 earnings per share for the current fiscal year.

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A number of brokerages have recently issued reports on AMWD. Zelman & Associates downgraded shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th. Zacks Investment Research downgraded shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Finally, BidaskClub downgraded shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 28th.

Several large investors have recently made changes to their positions in the stock. Alps Advisors Inc. grew its stake in shares of American Woodmark Corporation by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 5,549 shares of the company’s stock valued at $530,000 after acquiring an additional 15 shares during the period. Pinebridge Investments L.P. grew its stake in shares of American Woodmark Corporation by 1.0% during the 2nd quarter. Pinebridge Investments L.P. now owns 1,840 shares of the company’s stock valued at $176,000 after acquiring an additional 18 shares during the period. Texas Permanent School Fund grew its stake in shares of American Woodmark Corporation by 0.9% during the 2nd quarter. Texas Permanent School Fund now owns 10,193 shares of the company’s stock valued at $974,000 after acquiring an additional 86 shares during the period. Louisiana State Employees Retirement System grew its stake in shares of American Woodmark Corporation by 1.8% during the 1st quarter. Louisiana State Employees Retirement System now owns 5,700 shares of the company’s stock valued at $523,000 after acquiring an additional 100 shares during the period. Finally, Arizona State Retirement System grew its stake in shares of American Woodmark Corporation by 1.4% during the 1st quarter. Arizona State Retirement System now owns 7,265 shares of the company’s stock valued at $667,000 after acquiring an additional 100 shares during the period. Institutional investors own 80.36% of the company’s stock.

About American Woodmark Corporation

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.

Insider Buying and Selling by Quarter for American Woodmark Corporation (NASDAQ:AMWD)

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