In This Article:
We note that the American Woodmark Corporation (NASDAQ:AMWD) Independent Director, Vance Tang, recently sold US$80k worth of stock for US$88.45 per share. However we note that the sale only shrunk their holding by 6.8%.
See our latest analysis for American Woodmark
The Last 12 Months Of Insider Transactions At American Woodmark
Chairman S. Dunston made the biggest insider purchase in the last 12 months. That single transaction was for US$151k worth of shares at a price of US$60.53 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$86.59. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
In the last twelve months insiders purchased 4600 shares for US$271k. But they sold 900 for US$80k. In the last twelve months there was more buying than selling by American Woodmark insiders. The chart below shows insider transactions (by individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
American Woodmark is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. American Woodmark insiders own 7.4% of the company, currently worth about US$108m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
What Might The Insider Transactions At American Woodmark Tell Us?
An insider hasn't bought American Woodmark stock in the last three months, but there was some selling. In contrast, they appear keener if you look at the last twelve months. We are also comforted by the high levels of insider ownership. So we're happy to look past recent trading. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
But note: American Woodmark may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.