Bridgeway Capital Management LLC Buys 979 Shares of American Outdoor Brands, Inc. (NASDAQ:AOUT)

Bridgeway Capital Management LLC lifted its position in American Outdoor Brands, Inc. (NASDAQ:AOUT) by 0.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 116,334 shares of the company’s stock after purchasing an additional 979 shares during the quarter. Bridgeway Capital Management LLC’s holdings in American Outdoor Brands were worth $1,773,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in American Outdoor Brands by 33.0% during the third quarter. JPMorgan Chase & Co. now owns 3,135 shares of the company’s stock worth $29,000 after buying an additional 777 shares during the last quarter. Barclays PLC bought a new stake in American Outdoor Brands during the 3rd quarter worth approximately $37,000. Bank of America Corp DE raised its position in American Outdoor Brands by 1,469.5% in the 4th quarter. Bank of America Corp DE now owns 10,390 shares of the company’s stock valued at $158,000 after purchasing an additional 9,728 shares during the last quarter. Virtu Financial LLC acquired a new position in American Outdoor Brands in the fourth quarter worth $162,000. Finally, O Shaughnessy Asset Management LLC bought a new stake in shares of American Outdoor Brands during the fourth quarter worth $225,000. Institutional investors and hedge funds own 49.87% of the company’s stock.

Analysts Set New Price Targets

Separately, Lake Street Capital lifted their price target on 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 Price Performance

AOUT opened at $11.73 on Friday. The company’s 50 day simple moving average is $11.91 and its 200-day simple moving average is $13.10. American Outdoor Brands, Inc. has a one year low of $7.79 and a one year high of $17.91. The stock has a market capitalization of $149.38 million, a P/E ratio of -19.88 and a beta of 0.43.

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.