Moody Aldrich Partners LLC boosted its stake in American Woodmark Corp. (NASDAQ:AMWD) by 262.8% during the second quarter, Holdings Channel reports. The fund owned 35,715 shares of the company’s stock after buying an additional 25,870 shares during the period. American Woodmark Corp. makes up about 2.0% of Moody Aldrich Partners LLC’s holdings, making the stock its 8th largest position. Moody Aldrich Partners LLC’s holdings in American Woodmark Corp. were worth $2,371,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of AMWD. Motley Fool Asset Management LLC boosted its position in 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 valued at $14,277,000 after buying an additional 90,636 shares during the last quarter. Prudential Financial Inc. boosted its position in American Woodmark Corp. by 18.9% in the first quarter. Prudential Financial Inc. now owns 160,806 shares of the company’s stock valued at $11,994,000 after buying an additional 25,516 shares in the last quarter. Motley Fool Wealth Management LLC boosted its position in American Woodmark Corp. by 9.3% in the first quarter. Motley Fool Wealth Management LLC now owns 62,583 shares of the company’s stock valued at $4,668,000 after buying an additional 5,343 shares in the last quarter. CIBC World Markets Inc. boosted its position in American Woodmark Corp. by 4.0% in the first quarter. CIBC World Markets Inc. now owns 14,651 shares of the company’s stock valued at $1,093,000 after buying an additional 564 shares in the last quarter. Finally, Algert Global LLC boosted its position in American Woodmark Corp. by 125.9% in the first quarter. Algert Global LLC now owns 14,433 shares of the company’s stock valued at $1,077,000 after buying an additional 8,043 shares in the last quarter. Hedge funds and other institutional investors own 79.41% of the company’s stock.
American Woodmark Corp. (NASDAQ:AMWD) traded up 1.139% during trading on Thursday, hitting $81.265. 138,821 shares of the stock traded hands. The company has a market capitalization of $1.33 billion, a P/E ratio of 20.475 and a beta of 1.90. The company’s 50 day moving average is $80.45 and its 200 day moving average is $74.22. American Woodmark Corp. has a one year low of $57.04 and a one year high of $89.89.
American Woodmark Corp. (NASDAQ:AMWD) last announced its quarterly earnings data on Tuesday, August 23rd. The company reported $1.32 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.93 by $0.39. American Woodmark Corp. had a net margin of 6.70% and a return on equity of 23.08%. The business had revenue of $258.20 million for the quarter, compared to analyst estimates of $261.65 million. During the same period in the prior year, the business posted $0.92 earnings per share. American Woodmark Corp.’s revenue was up 11.7% compared to the same quarter last year. On average, equities analysts forecast that American Woodmark Corp. will post $4.40 EPS for the current fiscal year.
AMWD has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of American Woodmark Corp. from a “sell” rating to a “hold” rating in a report on Monday, July 4th. Robert W. Baird boosted their price target 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 other American Woodmark Corp. news, Chairman Kent Guichard sold 12,502 shares of the stock in a transaction on Friday, August 26th. The shares were sold at an average price of $85.05, for a total value of $1,063,295.10. Following the sale, the chairman now directly owns 31,754 shares in the company, valued at $2,700,677.70. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Michael Scott Culbreth sold 3,999 shares of the stock in a transaction on Thursday, July 7th. The stock was sold at an average price of $70.00, for a total transaction of $279,930.00. Following the completion of the sale, the chief financial officer now owns 11,706 shares in the company, valued at $819,420. The disclosure for this sale can be found here. 14.40% of the stock is currently owned by corporate insiders.
American Woodmark Corp. 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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