Millennium Management LLC Purchases Shares of 44,172 American Outdoor Brands, Inc. (NASDAQ:AOUT)

Millennium Management LLC bought a new position in shares of American Outdoor Brands, Inc. (NASDAQ:AOUT - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 44,172 shares of the company's stock, valued at approximately $673,000. Millennium Management LLC owned approximately 0.35% of American Outdoor Brands as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in AOUT. Cubist Systematic Strategies LLC acquired a new stake in American Outdoor Brands during the fourth quarter worth about $158,000. Bank of America Corp DE grew its position in American Outdoor Brands by 1,469.5% during the fourth quarter. Bank of America Corp DE now owns 10,390 shares of the company's stock worth $158,000 after buying an additional 9,728 shares in the last quarter. Virtu Financial LLC acquired a new stake in American Outdoor Brands during the fourth quarter worth about $162,000. O Shaughnessy Asset Management LLC acquired a new stake in shares of American Outdoor Brands during the 4th quarter valued at about $225,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in shares of American Outdoor Brands during the 4th quarter valued at about $280,000. 49.87% of the stock is owned by institutional investors and hedge funds.

American Outdoor Brands Price Performance

Shares of American Outdoor Brands stock traded up $0.14 during trading on Wednesday, hitting $11.96. 50,881 shares of the company's stock traded hands, compared to its average volume of 51,193. The firm's fifty day moving average price is $11.50 and its 200 day moving average price is $13.54. American Outdoor Brands, Inc. has a twelve month low of $8.00 and a twelve month high of $17.91. The company has a market cap of $152.31 million, a PE ratio of -20.27 and a beta of 0.43.

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.