HAP Trading LLC Purchases Shares of 10,292 American Woodmark Co. (AMWD)

HAP Trading LLC purchased a new stake in American Woodmark Co. (NASDAQ:AMWD) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 10,292 shares of the company’s stock, valued at approximately $1,341,000.

Several other institutional investors have also recently bought and sold shares of the company. Public Employees Retirement System of Ohio grew its stake in shares of American Woodmark by 1.3% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 12,280 shares of the company’s stock valued at $1,173,000 after buying an additional 155 shares during the period. Louisiana State Employees Retirement System grew its stake in shares of American Woodmark by 6.9% in the 4th quarter. Louisiana State Employees Retirement System now owns 6,200 shares of the company’s stock valued at $808,000 after buying an additional 400 shares during the period. New England Research & Management Inc. grew its stake in shares of American Woodmark by 17.3% in the 4th quarter. New England Research & Management Inc. now owns 2,875 shares of the company’s stock valued at $374,000 after buying an additional 425 shares during the period. LS Investment Advisors LLC grew its stake in shares of American Woodmark by 88.6% in the 4th quarter. LS Investment Advisors LLC now owns 975 shares of the company’s stock valued at $127,000 after buying an additional 458 shares during the period. Finally, American International Group Inc. grew its stake in shares of American Woodmark by 6.2% in the 3rd quarter. American International Group Inc. now owns 11,195 shares of the company’s stock valued at $1,078,000 after buying an additional 650 shares during the period. 73.03% of the stock is owned by institutional investors and hedge funds.

American Woodmark Co. (NASDAQ:AMWD) opened at $134.85 on Monday. The company has a current ratio of 3.41, a quick ratio of 2.95 and a debt-to-equity ratio of 0.04. The firm has a market cap of $2,360.32, a P/E ratio of 29.83 and a beta of 1.58. American Woodmark Co. has a 1 year low of $76.92 and a 1 year high of $148.44.

American Woodmark (NASDAQ:AMWD) last posted its quarterly earnings data on Friday, December 1st. The company reported $1.23 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.24 by ($0.01). The company had revenue of $274.80 million for the quarter, compared to analysts’ expectations of $280.60 million. American Woodmark had a return on equity of 20.56% and a net margin of 6.98%. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.10 EPS. analysts expect that American Woodmark Co. will post 4.96 earnings per share for the current fiscal year.

Several analysts have recently weighed in on the stock. Zacks Investment Research cut shares of American Woodmark from a “buy” rating to a “sell” rating in a research note on Tuesday, October 24th. BidaskClub raised shares of American Woodmark from a “sell” rating to a “hold” rating in a research note on Saturday, December 2nd. Longbow Research raised shares of American Woodmark from a “neutral” rating to a “buy” rating in a research note on Friday, February 9th. Finally, Robert W. Baird increased their price target on shares of American Woodmark from $108.00 to $142.00 and gave the company an “outperform” rating in a research note on Monday, December 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $141.00.

In related news, major shareholder William F. Brandt sold 18,000 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $117.75, for a total transaction of $2,119,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder William F. Brandt sold 12,000 shares of the stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $97.11, for a total transaction of $1,165,320.00. Following the transaction, the insider now directly 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 have sold a total of 77,000 shares of company stock valued at $9,419,555 in the last ninety days. 1.10% of the stock is currently owned by corporate insiders.

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About American Woodmark

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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Institutional Ownership by Quarter for American Woodmark (NASDAQ:AMWD)

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