American Software logoAmerican Software, Inc. (NASDAQ:AMSWA – Get Rating) Director Dennis Hogue sold 3,000 shares of the firm’s stock in a transaction on Thursday, March 30th. The shares were sold at an average price of $11.99, for a total transaction of $35,970.00. Following the sale, the director now directly owns 35,016 shares of the company’s stock, valued at $419,841.84. The transaction was disclosed in a document filed with the SEC, which is available at this link.

American Software Price Performance

NASDAQ AMSWA opened at $12.61 on Friday. American Software, Inc. has a 12 month low of $11.63 and a 12 month high of $21.64. The company has a market capitalization of $425.97 million, a price-to-earnings ratio of 39.41 and a beta of 0.83. The company’s fifty day moving average price is $13.89 and its two-hundred day moving average price is $14.76.

American Software (NASDAQ:AMSWA – Get Rating) last posted its quarterly earnings data on Thursday, February 23rd. The software maker reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.02. American Software had a net margin of 8.67% and a return on equity of 8.67%. The firm had revenue of $31.01 million for the quarter, compared to the consensus estimate of $31.00 million. During the same period in the prior year, the firm posted $0.09 EPS. As a group, analysts anticipate that American Software, Inc. will post 0.27 EPS for the current year.

American Software Announces Dividends

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The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 17th. Stockholders of record on Wednesday, May 3rd will be given a $0.11 dividend. The ex-dividend date of this dividend is Tuesday, May 2nd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.49%. American Software’s payout ratio is currently 137.50%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of American Software in a report on Thursday, March 16th. They set a “buy” rating for the company.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Neuberger Berman Group LLC lifted its position in shares of American Software by 0.7% in the 3rd quarter. Neuberger Berman Group LLC now owns 3,108,667 shares of the software maker’s stock worth $47,625,000 after buying an additional 22,159 shares during the last quarter. BlackRock Inc. lifted its position in American Software by 6.5% in the 3rd quarter. BlackRock Inc. now owns 2,339,175 shares of the software maker’s stock valued at $35,836,000 after purchasing an additional 143,328 shares during the last quarter. Vanguard Group Inc. lifted its position in American Software by 25.1% in the 3rd quarter. Vanguard Group Inc. now owns 2,143,735 shares of the software maker’s stock valued at $32,842,000 after purchasing an additional 429,879 shares during the last quarter. Renaissance Technologies LLC lifted its position in American Software by 9.0% in the 2nd quarter. Renaissance Technologies LLC now owns 1,809,900 shares of the software maker’s stock valued at $29,248,000 after purchasing an additional 148,697 shares during the last quarter. Finally, Congress Asset Management Co. MA lifted its position in American Software by 12.3% in the 4th quarter. Congress Asset Management Co. MA now owns 1,040,133 shares of the software maker’s stock valued at $15,269,000 after purchasing an additional 113,717 shares during the last quarter. 81.67% of the stock is currently owned by institutional investors.

American Software Company Profile

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American Software, Inc engages in the development and marketing of supply chain management and enterprise software solutions. It operates through the following segments: Supply Chain Management (SCM), Information Technology (IT) Consulting, and Other. The SCM segment offers supply chain optimization and retail planning solutions.

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

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