Headlines about American Software (NASDAQ:AMSWA) have been trending somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. American Software earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned press coverage about the software maker an impact score of 46.056150719497 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern’s rankings:
- American Software, Inc. (AMSWA) CFO Sells $74,513.22 in Stock (americanbankingnews.com)
- J Michael Edenfield Sells 10,551 Shares of American Software, Inc. (AMSWA) Stock (americanbankingnews.com)
- American Software, Inc. (AMSWA) CFO Vincent C. Klinges Sells 9,863 Shares (americanbankingnews.com)
- American Idol Finale Giveaway Sweepstakes Official Rules (kstp.com)
- Insider Selling: American Software, Inc. (AMSWA) Insider Sells 7,277 Shares of Stock (americanbankingnews.com)
AMSWA has been the subject of a number of research reports. BidaskClub cut American Software from a “hold” rating to a “sell” rating in a report on Wednesday, February 7th. Zacks Investment Research cut American Software from a “hold” rating to a “sell” rating in a report on Friday, December 1st. ValuEngine upgraded American Software from a “hold” rating to a “buy” rating in a report on Friday, March 2nd. Finally, B. Riley reiterated a “buy” rating and set a $14.00 target price (up previously from $12.25) on shares of American Software in a report on Tuesday, November 28th.
American Software (NASDAQ:AMSWA) last announced its quarterly earnings data on Thursday, February 22nd. The software maker reported $0.14 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.09. The company had revenue of $30.12 million during the quarter, compared to analysts’ expectations of $27.03 million. American Software had a return on equity of 18.98% and a net margin of 19.22%. equities analysts forecast that American Software will post 0.4 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 25th. Stockholders of record on Friday, May 11th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 3.30%. The ex-dividend date of this dividend is Thursday, May 10th. American Software’s payout ratio is 63.77%.
In other news, Director J Michael Edenfield sold 5,153 shares of the firm’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $11.84, for a total value of $61,011.52. Following the completion of the transaction, the director now owns 420,906 shares in the company, valued at approximately $4,983,527.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Vincent C. Klinges sold 9,863 shares of the firm’s stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $13.39, for a total value of $132,065.57. Following the completion of the transaction, the chief financial officer now owns 106,701 shares of the company’s stock, valued at approximately $1,428,726.39. The disclosure for this sale can be found here. Insiders sold a total of 144,512 shares of company stock valued at $1,773,154 in the last 90 days. 13.89% of the stock is owned by corporate insiders.
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American Software Company Profile
American Software, Inc (American Software) develops, markets and supports a portfolio of software and services that delivers enterprise management, supply chain and retail planning solutions to the marketplace. The Company operates through three business segments: Supply Chain Management (SCM), Enterprise Resource Planning (ERP) and Information Technology (IT) Consulting.
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