American Outdoor Brands, Inc. (NASDAQ:AOUT) Shares Sold by RBF Capital LLC

RBF Capital LLC decreased its holdings in shares of American Outdoor Brands, Inc. (NASDAQ:AOUT - Free Report) by 23.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 230,000 shares of the company's stock after selling 69,500 shares during the period. RBF Capital LLC owned about 1.80% of American Outdoor Brands worth $3,505,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in AOUT. State Street Corp lifted its holdings in American Outdoor Brands by 3.9% during 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 in the last quarter. Barclays PLC acquired a new position in shares of American Outdoor Brands during the 3rd quarter worth about $37,000. Geode Capital Management LLC lifted its stake in American Outdoor Brands by 4.6% in the 3rd quarter. Geode Capital Management LLC now owns 138,336 shares of the company's stock valued at $1,276,000 after buying an additional 6,092 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in American Outdoor Brands by 35.0% in the 3rd quarter. Sanctuary Advisors LLC now owns 38,817 shares of the company's stock worth $380,000 after buying an additional 10,065 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in American Outdoor Brands by 33.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,135 shares of the company's stock worth $29,000 after buying an additional 777 shares in the last quarter. Institutional investors and hedge funds own 49.87% of the company's stock.

Wall Street Analyst Weigh In

Separately, Lake Street Capital raised their target price 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 Stock Down 4.1 %

Shares of American Outdoor Brands stock traded down $0.45 during trading hours on Friday, reaching $10.60. 60,079 shares of the company's stock were exchanged, compared to its average volume of 49,009. The business has a fifty day moving average of $12.82 and a two-hundred day moving average of $12.95. The company has a market capitalization of $134.99 million, a P/E ratio of -17.97 and a beta of 0.42. American Outdoor Brands, Inc. has a 1 year low of $7.45 and a 1 year high of $17.91.

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.