Johnson Outdoors Inc. (NASDAQ:JOUT) Shares Sold by Citadel Advisors LLC

Citadel Advisors LLC lessened its position in Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) by 59.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,126 shares of the company's stock after selling 33,866 shares during the quarter. Citadel Advisors LLC owned about 0.22% of Johnson Outdoors worth $763,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. US Bancorp DE grew its stake in shares of Johnson Outdoors by 15.4% in the fourth quarter. US Bancorp DE now owns 3,477 shares of the company's stock worth $115,000 after acquiring an additional 465 shares in the last quarter. Barclays PLC boosted its holdings in shares of Johnson Outdoors by 8.6% in the 4th quarter. Barclays PLC now owns 7,141 shares of the company's stock valued at $236,000 after buying an additional 566 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Johnson Outdoors by 26.4% during the fourth quarter. Wells Fargo & Company MN now owns 2,788 shares of the company's stock worth $92,000 after purchasing an additional 583 shares during the last quarter. Geode Capital Management LLC lifted its stake in Johnson Outdoors by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 124,539 shares of the company's stock valued at $4,111,000 after buying an additional 783 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in Johnson Outdoors by 57.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,248 shares of the company's stock worth $74,000 after purchasing an additional 820 shares during the period. 64.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Outdoors Trading Down 1.5%

Shares of Johnson Outdoors stock traded down $0.43 during trading hours on Wednesday, hitting $27.34. 32,670 shares of the company were exchanged, compared to its average volume of 48,920. The stock has a market capitalization of $282.53 million, a price-to-earnings ratio of -6.12 and a beta of 0.73. The business has a 50-day moving average of $24.77 and a 200-day moving average of $28.93. Johnson Outdoors Inc. has a 1 year low of $21.33 and a 1 year high of $43.13.

Johnson Outdoors (NASDAQ:JOUT - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.01. The company had revenue of $168.35 million during the quarter, compared to the consensus estimate of $178.27 million. Johnson Outdoors had a negative net margin of 8.15% and a negative return on equity of 9.62%. During the same period last year, the firm earned $0.21 EPS. As a group, research analysts anticipate that Johnson Outdoors Inc. will post -0.58 earnings per share for the current fiscal year.

Johnson Outdoors Profile

Johnson Outdoors Inc designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing.