Hantz Financial Services Inc. Makes New Investment in American Woodmark Co. (NASDAQ:AMWD)

Hantz Financial Services Inc. bought a new stake in shares of American Woodmark Co. (NASDAQ:AMWD) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,967 shares of the company’s stock, valued at approximately $184,000.

Several other large investors also recently modified their holdings of AMWD. Victory Capital Management Inc. lifted its position in American Woodmark by 0.8% during the third quarter. Victory Capital Management Inc. now owns 15,410 shares of the company’s stock worth $1,440,000 after purchasing an additional 117 shares during the period. Guidance Capital Inc. lifted its holdings in shares of American Woodmark by 2.3% during the 3rd quarter. Guidance Capital Inc. now owns 5,369 shares of the company’s stock worth $542,000 after acquiring an additional 119 shares during the period. SummerHaven Investment Management LLC increased its stake in American Woodmark by 1.8% in the second quarter. SummerHaven Investment Management LLC now owns 10,093 shares of the company’s stock valued at $793,000 after acquiring an additional 176 shares during the last quarter. Azzad Asset Management Inc. ADV increased its stake in American Woodmark by 3.5% in the second quarter. Azzad Asset Management Inc. ADV now owns 6,024 shares of the company’s stock valued at $473,000 after acquiring an additional 203 shares during the last quarter. Finally, Glenmede Trust Co. NA lifted its stake in American Woodmark by 4.6% during the third quarter. Glenmede Trust Co. NA now owns 5,080 shares of the company’s stock worth $475,000 after purchasing an additional 222 shares during the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AMWD. Wolfe Research upgraded American Woodmark from a “peer perform” rating to an “outperform” rating and set a $110.00 price target on the stock in a research note on Wednesday, August 14th. Loop Capital decreased their target price on American Woodmark from $119.00 to $114.00 and set a “buy” rating on the stock in a research report on Wednesday, November 27th. Finally, Robert W. Baird increased their target price on shares of American Woodmark from $115.00 to $118.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $107.50.

American Woodmark Trading Down 0.2 %

Shares of AMWD stock opened at $90.64 on Tuesday. American Woodmark Co. has a twelve month low of $76.57 and a twelve month high of $106.57. The stock’s fifty day simple moving average is $94.46 and its 200 day simple moving average is $90.21. The company has a quick ratio of 1.14, a current ratio of 1.93 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $1.36 billion, a P/E ratio of 13.55 and a beta of 1.61.

Insider Transactions at American Woodmark

In other news, CEO Michael Scott Culbreth sold 3,500 shares of American Woodmark stock in a transaction on Friday, November 1st. The shares were sold at an average price of $90.95, for a total transaction of $318,325.00. Following the transaction, the chief executive officer now owns 109,932 shares in the company, valued at approximately $9,998,315.40. The trade was a 3.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.30% of the company’s stock.

American Woodmark Company Profile

American Woodmark Corporation manufactures and distributes kitchen, bath, office, home organization, and hardware products for the remodelling and new home construction markets in the United States. The company offers made-to-order and cash and carry products. It also provides turnkey installation services to its direct builder customers through a network of eight service centers.