American Woodmark Co. (NASDAQ:AMWD) Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP raised its position in American Woodmark Co. (NASDAQ:AMWD) by 246.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,262 shares of the company’s stock after purchasing an additional 11,568 shares during the quarter. Quantbot Technologies LP owned about 0.10% of American Woodmark worth $1,520,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. CWM LLC boosted its holdings in American Woodmark by 56.7% in the 3rd quarter. CWM LLC now owns 622 shares of the company’s stock valued at $58,000 after purchasing an additional 225 shares during the last quarter. Innealta Capital LLC purchased a new position in shares of American Woodmark during the 2nd quarter worth approximately $66,000. Picton Mahoney Asset Management purchased a new position in shares of American Woodmark during the 2nd quarter worth approximately $71,000. DekaBank Deutsche Girozentrale increased its holdings in American Woodmark by 67.9% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 932 shares of the company’s stock valued at $94,000 after purchasing an additional 377 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in American Woodmark by 33.2% in the second quarter. SG Americas Securities LLC now owns 2,457 shares of the company’s stock valued at $193,000 after purchasing an additional 612 shares during the period. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on AMWD shares. Wolfe Research raised American Woodmark from a “peer perform” rating to an “outperform” rating and set a $110.00 price objective for the company in a research note on Wednesday, August 14th. Loop Capital cut their price objective on American Woodmark from $119.00 to $114.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Robert W. Baird boosted their price objective on American Woodmark from $115.00 to $118.00 and gave the company an “outperform” rating in a report on Wednesday. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.50.

Insider Buying and Selling

In related news, CEO Michael Scott Culbreth sold 3,500 shares of the business’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $92.69, for a total transaction of $324,415.00. Following the completion of the transaction, the chief executive officer now directly owns 113,432 shares of the company’s stock, valued at $10,514,012.08. The trade was a 2.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.30% of the stock is currently owned by insiders.

American Woodmark Price Performance

AMWD stock opened at $90.78 on Friday. American Woodmark Co. has a 12-month low of $70.58 and a 12-month high of $106.57. The company has a market capitalization of $1.37 billion, a PE ratio of 13.57 and a beta of 1.61. The company has a current ratio of 1.93, a quick ratio of 1.14 and a debt-to-equity ratio of 0.40. The business’s fifty day moving average price is $94.52 and its 200 day moving average price is $90.32.

American Woodmark (NASDAQ:AMWD) last released its earnings results on Tuesday, August 27th. The company reported $1.89 EPS for the quarter, missing the consensus estimate of $2.37 by ($0.48). American Woodmark had a return on equity of 12.70% and a net margin of 5.90%. The company had revenue of $459.10 million for the quarter, compared to analyst estimates of $475.37 million. During the same period in the previous year, the firm earned $2.78 earnings per share. The company’s revenue for the quarter was down 7.9% compared to the same quarter last year.

American Woodmark 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.