Orion Portfolio Solutions LLC Sells 120 Shares of American Woodmark Co. (NASDAQ:AMWD)

Orion Portfolio Solutions LLC lessened its holdings in shares of American Woodmark Co. (NASDAQ:AMWD) by 0.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 14,232 shares of the company’s stock after selling 120 shares during the period. Orion Portfolio Solutions LLC’s holdings in American Woodmark were worth $1,330,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. CWM LLC grew its holdings in shares of American Woodmark by 56.7% during the third quarter. CWM LLC now owns 622 shares of the company’s stock worth $58,000 after purchasing an additional 225 shares during the last quarter. Innealta Capital LLC bought a new position in American Woodmark in the second quarter valued at about $66,000. Picton Mahoney Asset Management bought a new position in American Woodmark in the second quarter valued at about $71,000. Millburn Ridgefield Corp bought a new position in American Woodmark in the third quarter valued at about $80,000. Finally, DekaBank Deutsche Girozentrale boosted its holdings in American Woodmark by 56.5% in the second quarter. DekaBank Deutsche Girozentrale now owns 1,459 shares of the company’s stock valued at $114,000 after acquiring an additional 527 shares during the last quarter. Institutional investors own 95.47% of the company’s stock.

Analyst Upgrades and Downgrades

AMWD has been the topic of several recent research reports. Robert W. Baird raised their price target on American Woodmark from $115.00 to $118.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Loop Capital decreased their price target on American Woodmark from $119.00 to $114.00 and set a “buy” rating on the stock in a report on Wednesday, November 27th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, American Woodmark presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.00.

American Woodmark Trading Down 0.1 %

NASDAQ:AMWD opened at $84.25 on Friday. American Woodmark Co. has a 1-year low of $76.57 and a 1-year high of $106.57. The business’s 50-day moving average price is $93.58 and its two-hundred day moving average price is $89.94. The company has a current ratio of 1.93, a quick ratio of 1.05 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of 12.59 and a beta of 1.59.

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

Insider Buying and Selling at American Woodmark

In other news, CEO Michael Scott Culbreth sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $92.69, for a total transaction of $324,415.00. Following the sale, the chief executive officer now owns 113,432 shares of the company’s stock, valued at $10,514,012.08. This trade represents a 2.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last quarter, insiders have sold 10,500 shares of company stock valued at $958,090. 1.30% of the stock is currently owned by company insiders.

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.