Millennium Management LLC boosted its stake in shares of Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) by 30.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 67,520 shares of the company's stock after acquiring an additional 15,575 shares during the period. Millennium Management LLC owned 0.65% of Johnson Outdoors worth $2,228,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its stake in shares of Johnson Outdoors by 57.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,248 shares of the company's stock worth $74,000 after buying an additional 820 shares in the last quarter. Quantbot Technologies LP purchased a new position in shares of Johnson Outdoors in the 4th quarter worth $77,000. Wells Fargo & Company MN grew its stake in shares of Johnson Outdoors by 26.4% in the 4th quarter. Wells Fargo & Company MN now owns 2,788 shares of the company's stock worth $92,000 after buying an additional 583 shares in the last quarter. US Bancorp DE grew its stake in shares of Johnson Outdoors by 15.4% in the 4th quarter. US Bancorp DE now owns 3,477 shares of the company's stock worth $115,000 after buying an additional 465 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of Johnson Outdoors in the 4th quarter worth $211,000. 64.05% of the stock is owned by hedge funds and other institutional investors.
Johnson Outdoors Stock Performance
Shares of NASDAQ:JOUT traded up $0.02 on Thursday, reaching $27.36. The company's stock had a trading volume of 32,338 shares, compared to its average volume of 48,855. Johnson Outdoors Inc. has a 52-week low of $21.33 and a 52-week high of $43.13. The company has a market cap of $282.74 million, a P/E ratio of -6.12 and a beta of 0.73. The company has a 50-day simple moving average of $24.82 and a 200 day simple moving average of $28.90.
Johnson Outdoors (NASDAQ:JOUT - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The company reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.01. The business had revenue of $168.35 million during the quarter, compared to analysts' expectations 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 company posted $0.21 EPS. On average, equities research analysts forecast that Johnson Outdoors Inc. will post -0.58 EPS for the current fiscal year.
Johnson Outdoors Company Profile
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Free Report)
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.
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