Yousif Capital Management LLC Reduces Position in American Woodmark Co. (NASDAQ:AMWD)

Yousif Capital Management LLC lessened its stake in shares of American Woodmark Co. (NASDAQ:AMWD) by 3.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,929 shares of the company’s stock after selling 200 shares during the period. Yousif Capital Management LLC’s holdings in American Woodmark were worth $472,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. GAMMA Investing LLC lifted its stake in American Woodmark by 170.6% during the 4th quarter. GAMMA Investing LLC now owns 598 shares of the company’s stock valued at $48,000 after acquiring an additional 377 shares during the period. CWM LLC lifted its stake in American Woodmark by 56.7% during the 3rd quarter. CWM LLC now owns 622 shares of the company’s stock valued at $58,000 after acquiring an additional 225 shares during the period. Millburn Ridgefield Corp acquired a new stake in American Woodmark during the 3rd quarter valued at approximately $80,000. KBC Group NV lifted its stake in American Woodmark by 69.6% during the 4th 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 period. Finally, R Squared Ltd acquired a new stake in American Woodmark during the 4th quarter valued at approximately $87,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on AMWD. Robert W. Baird lifted their price objective on shares of 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 cut shares of American Woodmark from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, February 4th. Finally, Loop Capital decreased 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 investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, American Woodmark currently has a consensus rating of “Hold” and an average price target of $114.00.

Insider Activity at American Woodmark

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

American Woodmark Stock Performance

NASDAQ:AMWD opened at $77.60 on Monday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93. The company has a fifty day moving average of $79.94 and a two-hundred day moving average of $88.18. The stock has a market capitalization of $1.17 billion, a PE ratio of 11.60 and a beta of 1.61. American Woodmark Co. has a fifty-two week low of $72.93 and a fifty-two week high of $106.57.

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

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.