Trading was heavy with 277K shares changing hands on Wednesday. Volume was up 147.12% over the stocks average daily volume.
Short traders are more bearish on shares of the company considering the increase in short interest. The stock realized a rise in short interest of 16.20% as of October 13, 2017 from the last reporting period. Short shares increased 44,228 over that period. The days to cover increased to 5.0 and the short interest percentage is 0.02% as of October 13.
There has been some selling insider activity on Amer Woodmark Cp (NASDAQ:AMWD) recently. Vance W. Tang, Director sold $153,085 worth of shares at an average price of $90.05 on Fri the 15th. That brings the Director’s holdings to $1,005,859 per an SEC filing yesterday.
Additionally, here are a few investment firms who have increased or decreased their stake in (AMWD). Tiaa Cref Investment Management LLC downsized its investment by selling 22,436 shares a decrease of 21.0% as of 09/30/2017. Tiaa Cref Investment Management LLC now controls 84,227 shares with a value of $8,107,000. The total value of its holdings decreased 20.5%. Redwood Investments, LLC trimmed its ownership by shedding 9,169 shares a decrease of 9.4%. Redwood Investments, LLC claims 88,828 shares worth $8,550,000. The value of the position overall is down by 8.7%.
Kennedy Capital Management, Inc. bolstered its position by buying 15,108 shares an increase of 12.0% in the quarter. Kennedy Capital Management, Inc. now holds 140,985 shares valued at $13,570,000. The value of the position overall is up by 12.8%. Renaissance Technologies LLC augmented its stake by buying 34,800 shares an increase of 5.6% from 06/30/2017 to 09/30/2017. Renaissance Technologies LLC currently owns 658,300 shares worth $63,361,000. The total value of its holdings increased 6.4%.
The company is now up by 7.30% since yesterday’s close of 92.8. The company currently has a P/E ratio of 22.72 and the market cap of the company is 1.62B. As of the last earnings report the EPS was $4.38 with 16.25M shares now outstanding.
American Woodmark Corporation, launched on March 25, 1983, 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. The product offering of stock cabinets includes approximately 90 door designs in over 20 colors. Stock cabinets consist of cabinet interiors of varying dimensions and construction options, and a maple, oak, cherry, or hickory front frame, door and/or drawer front. The Business’s products are sold under the brand names of American Woodmark, Simply Woodmark, Timberlake, Shenandoah Cabinetry, Shenandoah Value Series and Waypoint Living Spaces..