J Michael Edenfield Sells 14,908 Shares of American Software, Inc. (AMSWA) Stock

American Software, Inc. (NASDAQ:AMSWA) Director J Michael Edenfield sold 14,908 shares of the company’s stock in a transaction that occurred on Friday, March 17th. The shares were sold at an average price of $10.29, for a total value of $153,403.32. Following the completion of the sale, the director now owns 14,908 shares in the company, valued at $153,403.32. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

J Michael Edenfield also recently made the following trade(s):

  • On Thursday, March 16th, J Michael Edenfield sold 15,092 shares of American Software stock. The shares were sold at an average price of $10.39, for a total value of $156,805.88.

American Software, Inc. (NASDAQ:AMSWA) traded down 1.46% during midday trading on Monday, reaching $10.13. The company had a trading volume of 64,411 shares. American Software, Inc. has a one year low of $8.61 and a one year high of $11.94. The stock’s 50 day moving average is $10.41 and its 200 day moving average is $10.58. The company has a market capitalization of $298.53 million, a PE ratio of 39.11 and a beta of 0.73.

American Software (NASDAQ:AMSWA) last issued its quarterly earnings data on Thursday, February 23rd. The company reported $0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.07 by $0.01. American Software had a net margin of 6.95% and a return on equity of 7.21%. Equities research analysts forecast that American Software, Inc. will post $0.36 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for American Software (NASDAQ:AMSWA)

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 26th. Shareholders of record on Friday, May 12th will be given a dividend of $0.11 per share. The ex-dividend date is Wednesday, May 10th. This represents a $0.44 annualized dividend and a yield of 4.34%. American Software’s dividend payout ratio (DPR) is presently 169.24%.

var userip;Your IP Address: document.write(userip);

Large investors have recently modified their holdings of the company. Brown Capital Management LLC increased its stake in shares of American Software by 0.4% in the fourth quarter. Brown Capital Management LLC now owns 4,246,871 shares of the company’s stock valued at $43,870,000 after buying an additional 17,390 shares during the period. Renaissance Technologies LLC increased its stake in American Software by 4.4% in the fourth quarter. Renaissance Technologies LLC now owns 1,912,300 shares of the company’s stock worth $19,754,000 after buying an additional 80,800 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in American Software by 4.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 863,403 shares of the company’s stock worth $8,919,000 after buying an additional 33,713 shares during the last quarter. Discovery Group I LLC increased its stake in American Software by 177.4% in the fourth quarter. Discovery Group I LLC now owns 625,213 shares of the company’s stock worth $6,458,000 after buying an additional 399,823 shares during the last quarter. Finally, State Street Corp increased its stake in American Software by 10.9% in the fourth quarter. State Street Corp now owns 482,863 shares of the company’s stock worth $4,989,000 after buying an additional 47,448 shares during the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

A number of equities research analysts recently commented on the company. B. Riley restated a “buy” rating and set a $12.00 price target on shares of American Software in a research report on Tuesday, February 21st. Zacks Investment Research lowered American Software from a “hold” rating to a “sell” rating in a research report on Monday, December 5th.

About American Software

American Software, Inc (American Software) develops, markets and supports a portfolio of software and services that delivers enterprise management, supply chain and retail planning solutions to the marketplace. The Company operates through three business segments: Supply Chain Management (SCM), Enterprise Resource Planning (ERP) and Information Technology (IT) Consulting.

5 Day Chart for NASDAQ:AMSWA

Receive News & Ratings for American Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Software Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Brazil Looks to Calm Fears Over Export and Sale of Meat
Brazil Looks to Calm Fears Over Export and Sale of Meat
Dollar General Increasing Pay, Lowering Price and Adding Perishable Goods
Dollar General Increasing Pay, Lowering Price and Adding Perishable Goods
Euronet Worldwide Tops Offer by Ant to Acquire MoneyGram
Euronet Worldwide Tops Offer by Ant to Acquire MoneyGram
Oil Prices Drop to Low of Three Months on Rig Count
Oil Prices Drop to Low of Three Months on Rig Count
Shares of Staples Fall After Earnings Come Up Short
Shares of Staples Fall After Earnings Come Up Short
Trump Tweet Sends Pharmaceutical Stocks Tumbling
Trump Tweet Sends Pharmaceutical Stocks Tumbling


Leave a Reply

© 2006-2017 Ticker Report. Google+.