RBF Capital LLC Has $3.51 Million Stake in American Outdoor Brands, Inc. (NASDAQ:AOUT)

RBF Capital LLC cut its holdings in American Outdoor Brands, Inc. (NASDAQ:AOUT - Free Report) by 23.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 230,000 shares of the company's stock after selling 69,500 shares during the quarter. RBF Capital LLC owned approximately 1.80% of American Outdoor Brands worth $3,505,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AOUT. JPMorgan Chase & Co. raised its holdings in American Outdoor Brands by 33.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,135 shares of the company's stock worth $29,000 after purchasing an additional 777 shares during the last quarter. Barclays PLC bought a new stake in shares of American Outdoor Brands during the third quarter worth approximately $37,000. Virtu Financial LLC bought a new position in American Outdoor Brands in the fourth quarter valued at approximately $162,000. O Shaughnessy Asset Management LLC acquired a new stake in shares of American Outdoor Brands during the fourth quarter worth $225,000. Finally, Envestnet Asset Management Inc. increased its holdings in American Outdoor Brands by 10.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 21,184 shares of the company's stock valued at $323,000 after purchasing an additional 2,087 shares during the last quarter. Institutional investors and hedge funds own 49.87% of the company's stock.

American Outdoor Brands Price Performance

Shares of NASDAQ AOUT traded up $0.23 during midday trading on Monday, reaching $10.83. 35,807 shares of the stock were exchanged, compared to its average volume of 48,870. American Outdoor Brands, Inc. has a 12 month low of $7.45 and a 12 month high of $17.91. The business has a 50-day simple moving average of $12.82 and a two-hundred day simple moving average of $13.00. The company has a market capitalization of $137.86 million, a price-to-earnings ratio of -18.35 and a beta of 0.42.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital raised their target price on American Outdoor Brands from $14.00 to $20.00 and gave the stock 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.