American Woodmark Co. (NASDAQ:AMWD) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lowered its stake in shares of American Woodmark Co. (NASDAQ:AMWD) by 6.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,240 shares of the company’s stock after selling 914 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.08% of American Woodmark worth $1,144,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of AMWD. CWM LLC grew its position in shares of 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 buying an additional 225 shares during the last quarter. Innealta Capital LLC acquired a new stake in shares of American Woodmark during the second quarter worth about $66,000. Picton Mahoney Asset Management purchased a new stake in shares of American Woodmark in the 2nd quarter valued at about $71,000. DekaBank Deutsche Girozentrale boosted its position in shares of 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 period. Finally, SG Americas Securities LLC grew its stake in American Woodmark by 33.2% during the 2nd quarter. SG Americas Securities LLC now owns 2,457 shares of the company’s stock worth $193,000 after buying an additional 612 shares during the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Insider Transactions at American Woodmark

In related news, CEO Michael Scott Culbreth sold 3,500 shares of the firm’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $90.95, for a total value of $318,325.00. Following the completion of the sale, the chief executive officer now owns 109,932 shares in the company, valued at $9,998,315.40. This trade represents 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 available at this link. Company insiders own 1.30% of the company’s stock.

American Woodmark Price Performance

Shares of NASDAQ AMWD opened at $90.78 on Monday. The stock has a fifty day moving average price of $94.52 and a 200 day moving average price of $90.24. American Woodmark Co. has a 1-year low of $70.58 and a 1-year high of $106.57. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.93 and a quick ratio of 1.14. The company has a market cap of $1.37 billion, a PE ratio of 13.57 and a beta of 1.61.

Analyst Ratings Changes

A number of equities research analysts have weighed in on AMWD shares. 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 research note on Wednesday, November 27th. 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, Loop Capital dropped their price objective on shares of American Woodmark from $119.00 to $114.00 and set a “buy” rating on the stock in a research note on Wednesday, November 27th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $107.50.

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.