Significant Insider Selling Continues at American Woodmark (AMWD)

Friday, January 12, 2018 10:15 PM ET

Significant Insider Selling Continues at American Woodmark (AMWD)

A filing with the SEC today disclosed a substantial insider sale of American Woodmark shares as — William F Brandt Jr, 10% Owner — sold 12,000 shares in the company having a market value of approximately $1,584,949. 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 sale of 74,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 86,000 shares and have averaged 28,667 shares per transaction over this time period.

The number of insider buy/sell trades at American Woodmark is less than the 2 peer company average over the last 90-day period. The Kitchen Cabinets peer group saw 12 buy/sell trades during this period for an average of 6.0 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 74,000 shares sold with company insiders selling 6,167 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 creating 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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