American Outdoor Brands, Inc. (NASDAQ:AOUT) Holdings Boosted by White Pine Capital LLC

White Pine Capital LLC boosted its holdings in American Outdoor Brands, Inc. (NASDAQ:AOUT) by 4.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,412 shares of the company’s stock after acquiring an additional 2,998 shares during the period. White Pine Capital LLC’s holdings in American Outdoor Brands were worth $558,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of AOUT. Barclays PLC bought a new position in American Outdoor Brands in the third quarter worth about $60,000. Teton Advisors Inc. lifted its holdings in American Outdoor Brands by 9.6% in the third quarter. Teton Advisors Inc. now owns 170,638 shares of the company’s stock worth $1,669,000 after acquiring an additional 15,000 shares during the last quarter. Gamco Investors INC. ET AL lifted its holdings in American Outdoor Brands by 12.4% in the third quarter. Gamco Investors INC. ET AL now owns 251,363 shares of the company’s stock worth $2,458,000 after acquiring an additional 27,700 shares during the last quarter. Gabelli Funds LLC raised its holdings in shares of American Outdoor Brands by 5.0% during the third quarter. Gabelli Funds LLC now owns 58,735 shares of the company’s stock valued at $574,000 after buying an additional 2,800 shares during the last quarter. Finally, Acadian Asset Management LLC raised its holdings in shares of American Outdoor Brands by 139.5% during the third quarter. Acadian Asset Management LLC now owns 36,724 shares of the company’s stock valued at $358,000 after buying an additional 21,388 shares during the last quarter. Institutional investors own 49.87% of the company’s stock.

American Outdoor Brands Stock Performance

Shares of AOUT traded down $0.21 during mid-day trading on Friday, reaching $7.89. 73,497 shares of the company’s stock traded hands, compared to its average volume of 25,251. The business’s 50-day moving average price is $8.45 and its 200-day moving average price is $8.55. American Outdoor Brands, Inc. has a 12 month low of $6.97 and a 12 month high of $10.35.

American Outdoor Brands (NASDAQ:AOUT) last released its quarterly earnings results on Thursday, March 7th. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). The business had revenue of $53.43 million for the quarter, compared to the consensus estimate of $51.20 million. American Outdoor Brands had a negative net margin of 5.47% and a positive return on equity of 0.78%. On average, analysts predict that American Outdoor Brands, Inc. will post 0.1 earnings per share for the current year.

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.