Two Sigma Investments LP Has $693,000 Stock Position in Johnson Outdoors Inc. (NASDAQ:JOUT)

Two Sigma Investments LP raised its position in Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) by 164.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,006 shares of the company's stock after acquiring an additional 13,076 shares during the period. Two Sigma Investments LP owned about 0.20% of Johnson Outdoors worth $693,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in 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 valued at $74,000 after purchasing an additional 820 shares during the period. Quantbot Technologies LP bought a new stake in shares of Johnson Outdoors in the 4th quarter valued at approximately $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 valued at $92,000 after purchasing an additional 583 shares during the period. 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 valued at $115,000 after purchasing an additional 465 shares during the period. Finally, Virtu Financial LLC bought a new stake in shares of Johnson Outdoors in the 4th quarter valued at approximately $211,000. Institutional investors and hedge funds own 64.05% of the company's stock.

Johnson Outdoors Trading Up 2.4%

JOUT stock opened at $28.03 on Friday. Johnson Outdoors Inc. has a 1-year low of $21.33 and a 1-year high of $43.13. The firm has a market cap of $289.66 million, a P/E ratio of -6.27 and a beta of 0.76. The business's 50 day moving average is $24.88 and its 200-day moving average is $28.85.

Johnson Outdoors (NASDAQ:JOUT - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.01. Johnson Outdoors had a negative return on equity of 9.62% and a negative net margin of 8.15%. The company had revenue of $168.35 million for the quarter, compared to analyst estimates of $178.27 million. During the same period in the prior year, the company posted $0.21 EPS. Sell-side analysts forecast that Johnson Outdoors Inc. will post -0.58 EPS for the current year.

Johnson Outdoors Company 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.

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