American Woodmark Corporation (AMWD) Holdings Lifted by Bank of New York Mellon Corp

Bank of New York Mellon Corp raised its position in American Woodmark Corporation (NASDAQ:AMWD) by 4.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 213,812 shares of the company’s stock after buying an additional 9,757 shares during the period. Bank of New York Mellon Corp owned about 1.31% of American Woodmark Corporation worth $20,429,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Great West Life Assurance Co. Can increased its stake in shares of American Woodmark Corporation by 5.3% during the first quarter. Great West Life Assurance Co. Can now owns 18,763 shares of the company’s stock worth $1,721,000 after purchasing an additional 947 shares in the last quarter. US Bancorp DE increased its stake in shares of American Woodmark Corporation by 6.5% during the first quarter. US Bancorp DE now owns 8,327 shares of the company’s stock worth $764,000 after purchasing an additional 509 shares in the last quarter. Comerica Bank increased its stake in shares of American Woodmark Corporation by 2.9% during the first quarter. Comerica Bank now owns 15,776 shares of the company’s stock worth $1,457,000 after purchasing an additional 444 shares in the last quarter. Karp Capital Management Corp purchased a new stake in shares of American Woodmark Corporation during the first quarter worth about $310,000. Finally, Sei Investments Co. increased its stake in shares of American Woodmark Corporation by 5.7% during the first quarter. Sei Investments Co. now owns 51,323 shares of the company’s stock worth $4,711,000 after purchasing an additional 2,765 shares in the last quarter. 80.36% of the stock is owned by institutional investors.

In other American Woodmark Corporation news, major shareholder William F. Brandt sold 2,000 shares of the firm’s stock in a transaction dated Monday, June 19th. The shares were sold at an average price of $96.75, for a total transaction of $193,500.00. Following the completion of the transaction, the insider now directly owns 1,885,973 shares in the company, valued at approximately $182,467,887.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder William F. Brandt sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $97.70, for a total transaction of $293,100.00. Following the transaction, the insider now owns 1,880,973 shares of the company’s stock, valued at $183,771,062.10. The disclosure for this sale can be found here. Insiders sold a total of 25,700 shares of company stock valued at $2,380,950 in the last quarter. Insiders own 1.10% of the company’s stock.

Shares of American Woodmark Corporation (NASDAQ AMWD) opened at 89.70 on Friday. The stock has a market cap of $1.46 billion, a PE ratio of 20.48 and a beta of 1.41. The stock’s 50 day moving average is $90.01 and its 200-day moving average is $91.41. American Woodmark Corporation has a 1-year low of $69.65 and a 1-year high of $107.30.

American Woodmark Corporation (NASDAQ:AMWD) last announced its quarterly earnings results on Tuesday, August 22nd. The company reported $1.23 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.37 by ($0.14). The company had revenue of $276.83 million during the quarter, compared to analysts’ expectations of $278.80 million. American Woodmark Corporation had a net margin of 6.85% and a return on equity of 20.89%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.32 EPS. On average, analysts predict that American Woodmark Corporation will post $4.94 EPS for the current fiscal year.

A number of analysts have recently commented on the stock. Zacks Investment Research cut shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Monday, September 11th. BidaskClub cut shares of American Woodmark Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, August 12th. Finally, Zelman & Associates cut shares of American Woodmark Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th.

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American Woodmark Corporation Profile

American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The Company offers framed stock cabinets in approximately 500 different cabinet lines, ranging in price from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces.

Institutional Ownership by Quarter for American Woodmark Corporation (NASDAQ:AMWD)

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