EAM Investors LLC Acquires Shares of 73,613 American Outdoor Brands, Inc. (NASDAQ:AOUT)

EAM Investors LLC acquired a new position in shares of American Outdoor Brands, Inc. (NASDAQ:AOUT - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 73,613 shares of the company's stock, valued at approximately $1,122,000. EAM Investors LLC owned about 0.58% of American Outdoor Brands at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Gabelli Funds LLC boosted its position in shares of American Outdoor Brands by 8.5% during the 4th quarter. Gabelli Funds LLC now owns 63,736 shares of the company's stock worth $971,000 after acquiring an additional 5,001 shares in the last quarter. Walleye Capital LLC purchased a new stake in American Outdoor Brands during the fourth quarter worth approximately $407,000. Renaissance Technologies LLC boosted its holdings in American Outdoor Brands by 22.3% in the fourth quarter. Renaissance Technologies LLC now owns 331,768 shares of the company's stock valued at $5,056,000 after purchasing an additional 60,600 shares in the last quarter. Envestnet Asset Management Inc. increased its stake 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. Finally, O Shaughnessy Asset Management LLC acquired a new stake in American Outdoor Brands during the fourth quarter worth approximately $225,000. Institutional investors and hedge funds own 49.87% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Lake Street Capital upped their target price on shares of American Outdoor Brands from $14.00 to $20.00 and gave the company a "buy" rating in a report on Monday, January 27th.

American Outdoor Brands Stock Up 2.7 %

AOUT traded up $0.29 during trading on Tuesday, hitting $11.11. 10,796 shares of the stock were exchanged, compared to its average volume of 48,349. American Outdoor Brands, Inc. has a 1-year low of $7.45 and a 1-year high of $17.91. The stock has a fifty day moving average price of $13.30 and a two-hundred day moving average price of $12.95. The firm has a market capitalization of $141.49 million, a P/E ratio of -18.91 and a beta of 0.42.

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.