5,315 Shares in American Woodmark Co. (NASDAQ:AMWD) Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new position in shares of American Woodmark Co. (NASDAQ:AMWD) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,315 shares of the company’s stock, valued at approximately $418,000.

Several other large investors have also added to or reduced their stakes in AMWD. Innealta Capital LLC acquired a new position in American Woodmark during the second quarter worth $66,000. Picton Mahoney Asset Management acquired a new position in American Woodmark during the second quarter worth $71,000. DekaBank Deutsche Girozentrale boosted its holdings in American Woodmark by 67.9% during the first quarter. DekaBank Deutsche Girozentrale now owns 932 shares of the company’s stock worth $94,000 after purchasing an additional 377 shares during the last quarter. EntryPoint Capital LLC boosted its holdings in American Woodmark by 67.8% during the first quarter. EntryPoint Capital LLC now owns 1,562 shares of the company’s stock worth $159,000 after purchasing an additional 631 shares during the last quarter. Finally, Covestor Ltd lifted its stake in American Woodmark by 1,230.2% in the first quarter. Covestor Ltd now owns 1,716 shares of the company’s stock valued at $175,000 after acquiring an additional 1,587 shares during the last quarter. Institutional investors and hedge funds own 95.47% of the company’s stock.

Insider Activity

In other news, CEO Michael Scott Culbreth sold 3,500 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $92.69, for a total value of $324,415.00. Following the transaction, the chief executive officer now directly owns 113,432 shares of the company’s stock, valued at $10,514,012.08. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

AMWD has been the subject of a number of recent analyst reports. Loop Capital cut their price target on shares of American Woodmark from $100.00 to $98.00 and set a “hold” rating for the company in a research note on Wednesday, August 28th. Robert W. Baird cut their price target on shares of American Woodmark from $116.00 to $112.00 and set an “outperform” rating for the company in a research note on Wednesday, August 28th. Wolfe Research upgraded shares of American Woodmark from a “peer perform” rating to an “outperform” rating and set a $110.00 price target for the company in a research note on Wednesday, August 14th. Finally, Zelman & Associates reiterated a “neutral” rating on shares of American Woodmark in a research note on Wednesday, July 17th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, American Woodmark currently has a consensus rating of “Hold” and an average target price of $102.00.

American Woodmark Price Performance

Shares of AMWD opened at $96.12 on Thursday. The firm has a market capitalization of $1.50 billion, a PE ratio of 13.46 and a beta of 1.61. The company’s 50-day moving average is $91.05 and its 200-day moving average is $90.18. American Woodmark Co. has a fifty-two week low of $65.01 and a fifty-two week high of $106.57. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.98 and a quick ratio of 1.14.

American Woodmark (NASDAQ:AMWD) last issued its quarterly earnings data on Tuesday, August 27th. The company reported $1.89 earnings per share for the quarter, missing the consensus estimate of $2.37 by ($0.48). The company had revenue of $459.10 million during the quarter, compared to the consensus estimate of $475.37 million. American Woodmark had a net margin of 5.97% and a return on equity of 13.51%. American Woodmark’s revenue for the quarter was down 7.9% compared to the same quarter last year. During the same period in the previous year, the company earned $2.78 earnings per share.

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.