American Woodmark (AMWD) sees Significant Insider Selling Continuing

Tuesday, December 26, 2017 10:15 PM ET

American Woodmark (AMWD) sees Significant Insider Selling Continuing

A substantial insider sale of the shares of American Woodmark was disclosed in a form 4 document filed with the SEC today, showing — William F Brandt Jr, 10% Owner — disposed of 9,000 shares in the company having a market value of approximately $1,161,152. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 90,228 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 99,228 shares and have averaged 33,076 shares per transaction over this time period.

Insiders at American Woodmark have a lower number of buy/sell trades than the 2-peer company average over the last 90-day period. The Kitchen Cabinets peer group saw 14 buy/sell trades during this period for an average of 7.0 transactions per company. However, the number of shares per buy/sell trade for American Woodmark is higher. Within the peer group there were 0 shares purchased and 90,228 shares sold with company insiders disposing of 6,445 shares on average.

Significant insider buying and selling activity has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in data used in evaluating and writing this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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