American Outdoor Brands, Inc. (NASDAQ:AOUT) Shares Acquired by Atria Investments Inc

Atria Investments Inc raised its holdings in shares of American Outdoor Brands, Inc. (NASDAQ:AOUT) by 11.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 51,289 shares of the company’s stock after buying an additional 5,219 shares during the quarter. Atria Investments Inc’s holdings in American Outdoor Brands were worth $782,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Empowered Funds LLC lifted its stake in shares of American Outdoor Brands by 4.4% in the 4th quarter. Empowered Funds LLC now owns 23,427 shares of the company’s stock valued at $357,000 after purchasing an additional 979 shares during the period. Diversified Investment Strategies LLC lifted its stake in shares of American Outdoor Brands by 22.4% in the 4th quarter. Diversified Investment Strategies LLC now owns 117,500 shares of the company’s stock valued at $1,791,000 after purchasing an additional 21,500 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of 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 period. Sanctuary Advisors LLC lifted its stake in shares of American Outdoor Brands by 35.0% in the 3rd quarter. Sanctuary Advisors LLC now owns 38,817 shares of the company’s stock valued at $380,000 after purchasing an additional 10,065 shares during the period. Finally, Barclays PLC acquired a new position in shares of American Outdoor Brands in the 3rd quarter valued at $37,000. 49.87% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Lake Street Capital boosted their target price 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.

American Outdoor Brands Price Performance

AOUT opened at $13.03 on Friday. The stock has a market cap of $166.31 million, a P/E ratio of -22.08 and a beta of 0.29. The firm has a fifty day moving average price of $16.01 and a 200 day moving average price of $12.35. American Outdoor Brands, Inc. has a 1 year low of $7.45 and a 1 year high of $17.91.

American Outdoor Brands Company 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.