AlphaQuest LLC Grows Stock Position in American Woodmark Co. (NASDAQ:AMWD)

AlphaQuest LLC boosted its position in American Woodmark Co. (NASDAQ:AMWD) by 373,800.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,739 shares of the company’s stock after buying an additional 3,738 shares during the period. AlphaQuest LLC’s holdings in American Woodmark were worth $297,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of AMWD. GAMMA Investing LLC lifted its stake in shares of American Woodmark by 170.6% in the 4th quarter. GAMMA Investing LLC now owns 598 shares of the company’s stock worth $48,000 after acquiring an additional 377 shares during the period. KBC Group NV raised its holdings in American Woodmark by 69.6% during the fourth quarter. KBC Group NV now owns 858 shares of the company’s stock worth $68,000 after purchasing an additional 352 shares in the last quarter. Millburn Ridgefield Corp acquired a new stake in American Woodmark in the third quarter valued at about $80,000. R Squared Ltd purchased a new stake in American Woodmark in the 4th quarter valued at approximately $87,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in American Woodmark during the 3rd quarter worth approximately $158,000. 95.47% of the stock is owned by institutional investors and hedge funds.

American Woodmark Stock Performance

Shares of AMWD stock opened at $59.02 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.93. The stock has a market cap of $875.56 million, a PE ratio of 8.82 and a beta of 1.58. American Woodmark Co. has a 1 year low of $57.44 and a 1 year high of $106.57. The stock has a fifty day moving average price of $73.18 and a 200 day moving average price of $84.36.

American Woodmark (NASDAQ:AMWD) last released its quarterly earnings results on Thursday, February 27th. The company reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by ($0.27). The firm had revenue of $397.58 million for the quarter, compared to analyst estimates of $405.72 million. American Woodmark had a return on equity of 12.70% and a net margin of 5.90%.

Analyst Ratings Changes

Several analysts have recently commented on the company. StockNews.com cut American Woodmark from a “hold” rating to a “sell” rating in a report on Monday, March 3rd. Wolfe Research downgraded American Woodmark from an “outperform” rating to a “peer perform” rating in a report on Tuesday, February 4th. Robert W. Baird boosted their target price on shares of American Woodmark from $115.00 to $118.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Finally, Loop Capital cut their price target on shares of American Woodmark from $119.00 to $114.00 and set a “buy” rating for the company in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, American Woodmark has an average rating of “Hold” and an average target price of $114.00.

Insider Buying and Selling at American Woodmark

In other American Woodmark news, Director James G. Davis sold 2,821 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was sold at an average price of $82.23, for a total transaction of $231,970.83. Following the completion of the transaction, the director now owns 25,823 shares of the company’s stock, valued at approximately $2,123,425.29. This trade represents a 9.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders have sold 5,750 shares of company stock valued at $474,548 over the last quarter. Corporate insiders own 1.30% of the company’s stock.

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.