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The Potential Rise in the Price of American Woodmark Corp (AMWD) following insiders activity

American Woodmark Corp’s recently made public that its Officer Culbreth Michael Scott acquired Company’s shares for reported $0.32 million on Jan 02 ’25. In the deal valued at $90.00 per share,3,500 shares were bought.

Then, DAVIS JAMES G sold 1,250 shares, generating $100,990 in total proceeds. Upon selling the shares at $80.79, the Director now owns 24,573 shares.

Before that, DAVIS JAMES G bought 1,250 shares. American Woodmark Corp shares valued at $101,444 were divested by the Director at a price of $81.16 per share.

Loop Capital upgraded its American Woodmark Corp [AMWD] rating to a Buy from a a Hold in a research note published on October 17, 2024; the price target was increased to $119 from $98. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in mid August from “a Peer perform” to “an Outperform”. Robert W. Baird also remained covering AMWD and has increased its forecast on February 22, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Deutsche Bank revised its rating on December 08, 2023. It rated AMWD as “a Hold” which previously was an “a Sell”.

Price Performance Review of AMWD

On Friday, American Woodmark Corp [NASDAQ:AMWD] saw its stock jump 0.31% to $81.01. Over the last five days, the stock has gained 9.09%. American Woodmark Corp shares have risen nearly 1.86% since the year began. Nevertheless, the stocks have fallen -10.60% over the past one year. While a 52-week high of $106.57 was reached on 01/17/25, a 52-week low of $73.24 was recorded on 01/13/25. SMA at 50 days reached $87.53, while 200 days put it at $89.83.

Levels Of Support And Resistance For AMWD Stock

The 24-hour chart illustrates a support level at 80.49, which if violated will result in even more drops to 79.97. On the upside, there is a resistance level at 81.98. A further resistance level may holdings at 82.94. The Relative Strength Index (RSI) on the 14-day chart is 47.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.80, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.43%. Stochastics %K at 78.25% indicates the stock is a holding.

How much short interest is there in American Woodmark Corp?

A steep rise in short interest was recorded in American Woodmark Corp stocks on 2024-10-31, growing by 22168.0 shares to a total of 0.38 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.36 million shares. There was a rise of 5.79%, which implies that there is a positive sentiment for the stock.

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