American Woodmark (NASDAQ:AMWD) was upgraded by BidaskClub from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Separately, Zacks Investment Research upgraded shares of American Woodmark from a “hold” rating to a “buy” rating and set a $89.00 target price for the company in a research note on Friday, August 25th.

Shares of American Woodmark (NASDAQ AMWD) traded up $28.10 during trading hours on Friday, reaching $127.70. 1,086,843 shares of the company were exchanged, compared to its average volume of 152,900. The firm has a market cap of $1,618.49, a PE ratio of 22.90 and a beta of 1.57. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.00 and a current ratio of 3.45. American Woodmark has a 12-month low of $69.65 and a 12-month high of $136.05.

American Woodmark (NASDAQ:AMWD) last released its earnings results on Friday, December 1st. The company reported $1.23 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.24 by ($0.01). American Woodmark had a return on equity of 20.89% and a net margin of 6.85%. The firm had revenue of $274.80 million during the quarter, compared to analyst estimates of $280.60 million. During the same quarter last year, the business posted $1.10 EPS. The firm’s revenue was up 4.1% on a year-over-year basis. analysts anticipate that American Woodmark will post 4.92 earnings per share for the current fiscal year.

In other news, major shareholder William F. Brandt sold 2,000 shares of the stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $89.80, for a total value of $179,600.00. Following the completion of the transaction, the insider now owns 1,874,973 shares in the company, valued at approximately $168,372,575.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder William F. Brandt sold 12,000 shares of the stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $97.11, for a total transaction of $1,165,320.00. Following the completion of the transaction, the insider now owns 1,808,631 shares of the company’s stock, valued at approximately $175,636,156.41. The disclosure for this sale can be found here. Insiders sold a total of 76,168 shares of company stock valued at $7,144,144 in the last 90 days. Company insiders own 1.10% of the company’s stock.

Large investors have recently bought and sold shares of the business. Riverhead Capital Management LLC increased its holdings in American Woodmark by 99.8% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,199 shares of the company’s stock valued at $114,000 after acquiring an additional 599 shares in the last quarter. Flinton Capital Management LLC increased its holdings in American Woodmark by 78.3% during the 2nd quarter. Flinton Capital Management LLC now owns 1,394 shares of the company’s stock valued at $133,000 after acquiring an additional 612 shares in the last quarter. SG Americas Securities LLC purchased a new position in American Woodmark during the 2nd quarter valued at about $172,000. Pinebridge Investments L.P. increased its holdings in American Woodmark 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 in the last quarter. Finally, New England Research & Management Inc. purchased a new position in American Woodmark during the 3rd quarter valued at about $236,000. Hedge funds and other institutional investors own 80.49% of the company’s stock.

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American Woodmark Company Profile

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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