Virtu Financial LLC Purchases New Shares in American Outdoor Brands, Inc. (NASDAQ:AOUT)

Virtu Financial LLC acquired a new stake in American Outdoor Brands, Inc. (NASDAQ:AOUT) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 10,608 shares of the company’s stock, valued at approximately $162,000. Virtu Financial LLC owned about 0.08% of American Outdoor Brands as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in shares of American Outdoor Brands by 33.0% in the third quarter. JPMorgan Chase & Co. now owns 3,135 shares of the company’s stock valued at $29,000 after buying an additional 777 shares during the last quarter. Barclays PLC bought a new position in shares of American Outdoor Brands in the third quarter worth about $37,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of American Outdoor Brands during the third quarter valued at approximately $114,000. Empowered Funds LLC increased its holdings in shares of American Outdoor Brands by 4.4% in the fourth quarter. Empowered Funds LLC now owns 23,427 shares of the company’s stock valued at $357,000 after purchasing an additional 979 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its holdings in shares of 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 purchasing an additional 10,065 shares in the last quarter. Institutional investors and hedge funds own 49.87% of the company’s stock.

Analyst Ratings Changes

Separately, Lake Street Capital increased their price objective on American Outdoor Brands from $14.00 to $20.00 and gave the company a “buy” rating in a research report on Monday, January 27th.

American Outdoor Brands Trading Down 5.5 %

Shares of NASDAQ AOUT opened at $11.97 on Friday. American Outdoor Brands, Inc. has a 1 year low of $7.45 and a 1 year high of $17.91. The firm’s 50-day moving average is $15.41 and its 200-day moving average is $12.67. The firm has a market capitalization of $152.44 million, a PE ratio of -20.29 and a beta of 0.29.

About American Outdoor Brands

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.