Sei Investments Co. Buys 2,765 Shares of American Woodmark Co. (AMWD)

Sei Investments Co. Buys 2,765 Shares of American Woodmark Co. (AMWD)

Other hedge funds have also recently added to or reduced their stakes in the company. Dubuque Bank & Trust Co. purchased a new stake in shares of American Woodmark during the first quarter worth about $140,000. State of Alaska Department of Revenue raised its stake in shares of American Woodmark by 1.3% in the first quarter. State of Alaska Department of Revenue now owns 1,540 shares of the company’s stock worth $141,000 after buying an additional 20 shares during the last quarter. Trexquant Investment LP purchased a new stake in shares of American Woodmark during the fourth quarter worth about $214,000. Karp Capital Management Corp purchased a new stake in shares of American Woodmark during the first quarter worth about $310,000. Finally, Marshall Wace LLP purchased a new stake in shares of American Woodmark during the fourth quarter worth about $255,000. 81.94% of the stock is currently owned by hedge funds and other institutional investors.

Sei Investments Co. boosted its stake in shares of American Woodmark Co. (NASDAQ:AMWD) by 5.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,323 shares of the company’s stock after buying an additional 2,765 shares during the period. Sei Investments Co.’s holdings in American Woodmark were worth $4,711,000 as of its most recent filing with the SEC.

Shares of American Woodmark Co. (AMWD) opened at 92.0747 on Tuesday. The stock has a market cap of $1.49 billion, a price-to-earnings ratio of 22.5122 and a beta of 1.33. American Woodmark Co. has a 12 month low of $60.80 and a 12 month high of $94.75. The firm has a 50-day moving average price of $89.76 and a 200-day moving average price of $82.11.

Separately, Zacks Investment Research raised American Woodmark from a “hold” rating to a “buy” rating and set a $100.00 target price on the stock in a research report on Thursday, March 2nd.

In other American Woodmark news, major shareholder William F. Brandt sold 5,000 shares of the stock in a transaction that occurred on Wednesday, March 15th. The shares were sold at an average price of $86.41, for a total transaction of $432,050.00. Following the transaction, the insider now owns 1,903,688 shares of the company’s stock, valued at $164,497,680.08. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last ninety days, insiders have sold 15,000 shares of company stock worth $1,299,350. 14.40% of the stock is currently owned by insiders.

About American Woodmark

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:AMWD”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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