82,845 Shares in American Outdoor Brands, Inc. (NASDAQ:AOUT) Acquired by Marshall Wace LLP

Marshall Wace LLP purchased a new stake in American Outdoor Brands, Inc. (NASDAQ:AOUT - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 82,845 shares of the company's stock, valued at approximately $1,263,000. Marshall Wace LLP owned about 0.65% of American Outdoor Brands as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of AOUT. State Street Corp boosted its position in American Outdoor Brands by 3.9% during the 3rd quarter. State Street Corp now owns 45,786 shares of the company's stock worth $422,000 after purchasing an additional 1,700 shares during the period. Barclays PLC bought a new stake in shares of American Outdoor Brands in the 3rd quarter valued at approximately $37,000. Geode Capital Management LLC increased its holdings in shares of American Outdoor Brands by 4.6% in the 3rd quarter. Geode Capital Management LLC now owns 138,336 shares of the company's stock valued at $1,276,000 after acquiring an additional 6,092 shares during the last quarter. JPMorgan Chase & Co. boosted its position in American Outdoor Brands by 33.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,135 shares of the company's stock valued at $29,000 after purchasing an additional 777 shares during the period. Finally, Diversified Investment Strategies LLC boosted its position in American Outdoor Brands by 22.4% during the 4th quarter. Diversified Investment Strategies LLC now owns 117,500 shares of the company's stock worth $1,791,000 after acquiring an additional 21,500 shares during the period. 49.87% of the stock is currently owned by institutional investors and hedge funds.

American Outdoor Brands Price Performance

American Outdoor Brands stock opened at $11.36 on Wednesday. American Outdoor Brands, Inc. has a fifty-two week low of $7.45 and a fifty-two week high of $17.91. The firm's 50 day simple moving average is $12.60 and its 200-day simple moving average is $13.00. The company has a market cap of $144.67 million, a P/E ratio of -19.25 and a beta of 0.42.

Analysts Set New Price Targets

Separately, Lake Street Capital upped their price objective on American Outdoor Brands from $14.00 to $20.00 and gave the company a "buy" rating in a report on Monday, January 27th.

American Outdoor Brands Profile

American Outdoor Brands, Inc provides outdoor products and accessories for rugged outdoor enthusiasts in the United States and internationally. It offers hunting, fishing, camping, shooting, and personal security and defense products. The company also provides shooting sports accessories products include rests, vaults, and other related accessories; outdoor lifestyle products, such as premium sportsmen knives and tools for fishing and hunting; land management tools for hunting preparedness; harvesting products for post-hunt or post-fishing activities; outdoor cooking products; and camping, survival, and emergency preparedness products.

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