American Software, Inc. (NASDAQ:AMSWA) President H Allan Dow sold 4,222 shares of the stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $11.06, for a total transaction of $46,695.32. Following the transaction, the president now directly owns 43,688 shares in the company, valued at approximately $483,189.28. The transaction was disclosed in a filing with the SEC, which is available through this link.

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 transaction of $15,569.45.
  • On Tuesday, September 12th, H Allan Dow sold 3,547 shares of American Software stock. The stock was sold at an average price of $11.05, for a total transaction of $39,194.35.
  • 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 transaction 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 transaction 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 transaction 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 transaction of $66,004.95.

Shares of American Software, Inc. (NASDAQ:AMSWA) traded down 1.21% during trading on Friday, reaching $10.60. 123,044 shares of the company traded hands. American Software, Inc. has a 12-month low of $9.00 and a 12-month high of $12.10. The stock has a market capitalization of $315.11 million, a P/E ratio of 20.42 and a beta of 0.76. The firm’s 50 day moving average is $10.05 and its 200-day moving average is $10.44.

American Software (NASDAQ:AMSWA) last announced 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 business had revenue of $26.27 million for the quarter, compared to analysts’ expectations of $27.72 million. American Software had a net margin of 14.81% and a return on equity of 15.78%. On average, equities research analysts anticipate that American Software, Inc. will post $0.35 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 4th. Shareholders of record on Friday, November 10th will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date is Thursday, November 9th. American Software’s dividend payout ratio (DPR) is presently 84.62%.

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A number of equities analysts have recently issued reports on the stock. B. Riley reissued a “buy” rating and set a $12.25 price objective on shares of American Software in a research report on Tuesday, June 20th. Zacks Investment Research raised shares of American Software from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. Finally, BidaskClub cut shares of American Software from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 27th.

Institutional investors and hedge funds have recently made changes to their positions in the business. Acadian Asset Management LLC purchased a new stake in American Software in the first quarter worth about $125,000. Citadel Advisors LLC purchased a new stake in American Software in the second quarter worth about $133,000. GSA Capital Partners LLP grew its holdings in American Software by 5.4% in the second 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 during the period. Smith Asset Management Group LP purchased a new stake in American Software in the second quarter worth about $142,000. Finally, American International Group Inc. grew its holdings in American Software by 6.9% in the first 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 during the period. Institutional investors and hedge funds own 74.71% of the company’s stock.

About American Software

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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