Stratos Wealth Partners LTD. Sells 1,599 Shares of American Woodmark Co. (NASDAQ:AMWD)

Stratos Wealth Partners LTD. cut its position in American Woodmark Co. (NASDAQ:AMWD) by 17.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,412 shares of the company’s stock after selling 1,599 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in American Woodmark were worth $589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the business. GAMMA Investing LLC lifted its position in American Woodmark by 170.6% in the 4th quarter. GAMMA Investing LLC now owns 598 shares of the company’s stock worth $48,000 after buying an additional 377 shares during the last quarter. CWM LLC lifted its position 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 acquiring an additional 225 shares in the last quarter. KBC Group NV increased its position in American Woodmark by 69.6% during the fourth quarter. KBC Group NV now owns 858 shares of the company’s stock valued at $68,000 after acquiring an additional 352 shares during the last quarter. Millburn Ridgefield Corp bought a new position in American Woodmark in the 3rd quarter worth $80,000. Finally, R Squared Ltd purchased a new position in shares of American Woodmark during the 4th quarter valued at about $87,000. 95.47% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director James G. Davis sold 1,250 shares of the company’s stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $80.79, for a total transaction of $100,987.50. Following the completion of the sale, the director now owns 24,573 shares in the company, valued at $1,985,252.67. This represents a 4.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Michael Scott Culbreth sold 3,500 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $90.10, for a total value of $315,350.00. Following the completion of the transaction, the chief executive officer now directly owns 106,432 shares of the company’s stock, valued at $9,589,523.20. The trade was a 3.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,250 shares of company stock valued at $789,898. 1.30% of the stock is currently owned by insiders.

American Woodmark Stock Up 0.6 %

AMWD stock opened at $77.01 on Wednesday. The firm has a market cap of $1.16 billion, a PE ratio of 11.51 and a beta of 1.61. The firm’s fifty day moving average is $80.92 and its 200 day moving average is $88.88. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93. American Woodmark Co. has a one year low of $72.93 and a one year high of $106.57.

American Woodmark (NASDAQ:AMWD) last posted its quarterly earnings data on Tuesday, November 26th. The company reported $2.08 EPS for the quarter, missing the consensus estimate of $2.37 by ($0.29). The firm had revenue of $452.50 million for the quarter, compared to analysts’ expectations of $458.29 million. American Woodmark had a return on equity of 12.70% and a net margin of 5.90%. American Woodmark’s quarterly revenue was down 4.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.36 earnings per share.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on AMWD shares. Robert W. Baird boosted their target price on American Woodmark from $115.00 to $118.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Wolfe Research downgraded American Woodmark from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, February 4th. Finally, Loop Capital lowered their target price on shares of American Woodmark from $119.00 to $114.00 and set a “buy” rating for the company in a research note on Wednesday, November 27th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, American Woodmark currently has a consensus rating of “Hold” and a consensus target price of $114.00.

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.