Hantz Financial Services Inc. Buys New Position in American Woodmark Co. (NASDAQ:AMWD)

Hantz Financial Services Inc. purchased a new position in shares of American Woodmark Co. (NASDAQ:AMWD) in the 3rd quarter, HoldingsChannel reports. The firm purchased 1,967 shares of the company’s stock, valued at approximately $184,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC increased its position 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 buying an additional 225 shares during the period. Innealta Capital LLC acquired a new stake in American Woodmark during the 2nd quarter worth about $66,000. Picton Mahoney Asset Management bought a new position in shares of American Woodmark in the 2nd quarter worth about $71,000. DekaBank Deutsche Girozentrale lifted its stake in shares of American Woodmark by 67.9% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 932 shares of the company’s stock valued at $94,000 after purchasing an additional 377 shares during the period. Finally, SG Americas Securities LLC boosted its position in shares of American Woodmark by 33.2% during the 2nd quarter. SG Americas Securities LLC now owns 2,457 shares of the company’s stock valued at $193,000 after purchasing an additional 612 shares in the last quarter. Institutional investors and hedge funds own 95.47% of the company’s stock.

Insider Activity at American Woodmark

In related news, CEO Michael Scott Culbreth sold 3,500 shares of the firm’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $90.95, for a total value of $318,325.00. Following the transaction, the chief executive officer now owns 109,932 shares of the company’s stock, valued at approximately $9,998,315.40. This trade represents a 3.09 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.30% of the stock is currently owned by insiders.

American Woodmark Trading Down 0.2 %

NASDAQ AMWD opened at $90.64 on Tuesday. The company has a quick ratio of 1.14, a current ratio of 1.93 and a debt-to-equity ratio of 0.40. American Woodmark Co. has a 52 week low of $76.57 and a 52 week high of $106.57. The business has a 50 day moving average price of $94.46 and a 200-day moving average price of $90.21. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 13.55 and a beta of 1.61.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on AMWD shares. Wolfe Research upgraded American Woodmark from a “peer perform” rating to an “outperform” rating and set a $110.00 target price for the company in a report on Wednesday, August 14th. 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. Finally, Loop Capital cut their target price on shares of American Woodmark from $119.00 to $114.00 and set a “buy” rating on the stock in a research note on Wednesday, November 27th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $107.50.

About American Woodmark

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.