Walleye Capital LLC purchased a new position in shares of American Outdoor Brands, Inc. (NASDAQ:AOUT - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 26,693 shares of the company's stock, valued at approximately $407,000. Walleye Capital LLC owned approximately 0.21% of American Outdoor Brands at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the stock. State Street Corp increased its holdings in shares of American Outdoor Brands by 3.9% in the third quarter. State Street Corp now owns 45,786 shares of the company's stock valued at $422,000 after purchasing an additional 1,700 shares during the last quarter. Barclays PLC acquired a new stake in American Outdoor Brands during the third quarter worth about $37,000. Geode Capital Management LLC raised its position in American Outdoor Brands by 4.6% during the third quarter. Geode Capital Management LLC now owns 138,336 shares of the company's stock valued at $1,276,000 after purchasing an additional 6,092 shares in the last quarter. Sanctuary Advisors LLC grew its position in American Outdoor Brands by 35.0% in the third quarter. Sanctuary Advisors LLC now owns 38,817 shares of the company's stock valued at $380,000 after acquiring an additional 10,065 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in American Outdoor Brands by 33.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,135 shares of the company's stock valued at $29,000 after purchasing an additional 777 shares during the last quarter. 49.87% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, Lake Street Capital raised their price target on shares of American Outdoor Brands from $14.00 to $20.00 and gave the company a "buy" rating in a research note on Monday, January 27th.
Get Our Latest Stock Analysis on AOUT
American Outdoor Brands Price Performance
Shares of NASDAQ:AOUT traded down $0.06 during midday trading on Tuesday, hitting $11.10. 1,524 shares of the company's stock were exchanged, compared to its average volume of 48,843. American Outdoor Brands, Inc. has a 12 month low of $7.45 and a 12 month high of $17.91. The stock has a 50 day moving average price of $12.71 and a 200-day moving average price of $13.02. The company has a market cap of $141.35 million, a PE ratio of -18.68 and a beta of 0.42.
About American Outdoor Brands
(
Free Report)
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.
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