American Software (NASDAQ:AMSWA) Earning Somewhat Positive Media Coverage, Study Finds

News headlines about American Software (NASDAQ:AMSWA) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. American Software earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the software maker an impact score of 46.056150719497 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the headlines that may have impacted Accern’s scoring:

AMSWA stock remained flat at $$13.24 during mid-day trading on Thursday. The company’s stock had a trading volume of 50,590 shares, compared to its average volume of 65,612. American Software has a fifty-two week low of $9.00 and a fifty-two week high of $13.69. The firm has a market cap of $389.79, a P/E ratio of 19.72 and a beta of 0.72.

American Software (NASDAQ:AMSWA) last announced its earnings results on Thursday, February 22nd. The software maker reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.09. American Software had a return on equity of 18.65% and a net margin of 19.22%. The firm had revenue of $30.12 million for the quarter, compared to the consensus estimate of $27.03 million. research analysts anticipate that American Software will post 0.4 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 25th. Stockholders of record on Friday, May 11th will be paid a $0.11 dividend. The ex-dividend date is Thursday, May 10th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.32%. American Software’s payout ratio is presently 89.80%.

A number of research firms have issued reports on AMSWA. BidaskClub upgraded American Software from a “sell” rating to a “hold” rating in a research note on Friday, March 30th. Zacks Investment Research upgraded American Software from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a research note on Wednesday, March 7th. Finally, ValuEngine upgraded American Software from a “hold” rating to a “buy” rating in a research note on Friday, March 2nd.

In related news, CFO Vincent C. Klinges sold 9,863 shares of American Software stock in a transaction that occurred on Friday, March 9th. The shares were sold at an average price of $13.39, for a total value of $132,065.57. Following the sale, the chief financial officer now owns 106,701 shares of the company’s stock, valued at approximately $1,428,726.39. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director J Michael Edenfield sold 29,211 shares of American Software stock in a transaction that occurred on Wednesday, March 28th. The stock was sold at an average price of $12.75, for a total transaction of $372,440.25. Following the completion of the sale, the director now directly owns 437,508 shares in the company, valued at approximately $5,578,227. The disclosure for this sale can be found here. Insiders sold a total of 135,496 shares of company stock worth $1,757,508 in the last 90 days. Company insiders own 13.89% of the company’s stock.

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American Software Company Profile

American Software, Inc develops, markets, and supports a portfolio of software and services worldwide. It operates in three segments: Supply Chain Management (SCM), Enterprise Resource Planning (ERP), and Information Technology (IT) Consulting. The SCM segment provides supply chain management solutions, including sales and operations planning, demand and inventory optimization, manufacturing planning and scheduling, supply optimization, retail allocation and merchandise planning, and transportation optimization solutions to streamline and optimize the forecasting, inventory, production scheduling, production, supply, allocation, distribution, and management of products between trading partners.

Insider Buying and Selling by Quarter for American Software (NASDAQ:AMSWA)

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