American Software, Inc. (AMSWA) CFO Vincent C. Klinges Sells 5,569 Shares

American Software, Inc. (NASDAQ:AMSWA) CFO Vincent C. Klinges sold 5,569 shares of American Software stock in a transaction on Monday, March 12th. The stock was sold at an average price of $13.38, for a total transaction of $74,513.22. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of American Software, Inc. (NASDAQ AMSWA) opened at $13.31 on Wednesday. The company has a market cap of $401.32, a price-to-earnings ratio of 19.32 and a beta of 0.76. American Software, Inc. has a twelve month low of $9.00 and a twelve month high of $13.69.

How to Become a New Pot Stock Millionaire

American Software (NASDAQ:AMSWA) last posted its quarterly earnings results on Thursday, February 22nd. The software maker reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.09. The business had revenue of $30.12 million during the quarter, compared to analysts’ expectations of $27.03 million. American Software had a net margin of 19.22% and a return on equity of 18.98%. equities research analysts forecast that American Software, Inc. will post 0.4 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, May 25th. Shareholders of record on Friday, May 11th will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date of this dividend is Thursday, May 10th. American Software’s payout ratio is 63.77%.

A number of equities analysts recently weighed in on AMSWA shares. B. Riley reissued a “buy” rating and set a $14.00 target price (up previously from $12.25) on shares of American Software in a research note on Tuesday, November 28th. Zacks Investment Research cut shares of American Software from a “hold” rating to a “sell” rating in a report on Friday, December 1st. BidaskClub cut shares of American Software from a “buy” rating to a “hold” rating in a report on Saturday, December 2nd. Finally, ValuEngine upgraded shares of American Software from a “hold” rating to a “buy” rating in a report on Friday, March 2nd.

A number of large investors have recently bought and sold shares of AMSWA. Ashford Capital Management Inc. grew its holdings in shares of American Software by 52.0% during the fourth quarter. Ashford Capital Management Inc. now owns 38,000 shares of the software maker’s stock valued at $442,000 after buying an additional 13,000 shares during the last quarter. Martin & Co. Inc. TN grew its holdings in shares of American Software by 3.5% during the fourth quarter. Martin & Co. Inc. TN now owns 175,000 shares of the software maker’s stock valued at $2,035,000 after buying an additional 5,900 shares during the last quarter. MetLife Investment Advisors LLC acquired a new position in shares of American Software during the fourth quarter valued at about $148,000. Municipal Employees Retirement System of Michigan acquired a new position in shares of American Software during the fourth quarter valued at about $341,000. Finally, Stone Ridge Asset Management LLC acquired a new position in shares of American Software during the fourth quarter valued at about $694,000. Institutional investors and hedge funds own 75.43% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “American Software, Inc. (AMSWA) CFO Vincent C. Klinges Sells 5,569 Shares” was originally reported by Markets Daily and is the property of of Markets Daily. If you are accessing this news story on another website, it was illegally copied and republished in violation of US & international copyright & trademark law. The legal version of this news story can be read at https://www.themarketsdaily.com/2018/03/14/american-software-inc-amswa-cfo-vincent-c-klinges-sells-5569-shares.html.

American Software Company Profile

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.

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

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

Leave a Reply