Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. American Woodmark Corp shares valued at $315,000 were purchased by Culbreth Michael Scott on Jan 02 ’25. At $90.00 per share, Culbreth Michael Scott acquired 3,500 shares.
Also, DAVIS JAMES G sold 1,250 shares, netting a total of over 100,990 in proceeds. Following the sale of shares at $80.79 each, the insider now holds 24,573 shares.
Before that, DAVIS JAMES G had added 1,250 shares to its account. In a trade valued at $101,444, the Director bought American Woodmark Corp shares for $81.16 each.
As published in a research note from Loop Capital on October 17, 2024, American Woodmark Corp [AMWD] has been rated up from a Hold to a Buy and the price target has been revised to $119 from $98. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in mid August. As of February 22, 2024, Robert W. Baird has increased its “Neutral” rating to a “an Outperform” for AMWD. Earlier on December 08, 2023, Deutsche Bank upgraded its rating. Their new recommendation was “a Hold” for AMWD stock which previously was a “a Sell”.
Analyzing AMWD Stock Performance
During the last five days, there has been a drop of approximately -3.14%. Over the course of the year, American Woodmark Corp shares have dropped approximately -3.14%. Shares of the company reached a 52-week high of $81.36 on 01/06/25 and a 52-week low of $75.81 on 01/08/25. A 50-day SMA is recorded $89.22, while a 200-day SMA reached $90.49. Nevertheless, trading volume fell to 0.16 million shares from 0.22 million shares the previous day.
Support And Resistance Levels for American Woodmark Corp (AMWD)
According to the 24-hour chart, there is a support level at 76.05, which, if violated, would cause prices to drop to 75.07. In the upper region, resistance lies at 77.77. The next price resistance is at 78.51. RSI (Relative Strength Index) is 26.56 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.92, which suggests the price will decrease in the coming days. Percent R is at 86.43%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
