Teton Advisors Inc. Has $1.52 Million Stock Position in American Outdoor Brands, Inc. (NASDAQ:AOUT)

Teton Advisors Inc. increased its position in shares of American Outdoor Brands, Inc. (NASDAQ:AOUT) by 6.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 181,000 shares of the company’s stock after purchasing an additional 10,362 shares during the quarter. Teton Advisors Inc. owned approximately 1.40% of American Outdoor Brands worth $1,520,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Gabelli Funds LLC grew its holdings in American Outdoor Brands by 5.0% during the 3rd quarter. Gabelli Funds LLC now owns 58,735 shares of the company’s stock worth $574,000 after acquiring an additional 2,800 shares during the last quarter. White Pine Capital LLC grew its holdings in American Outdoor Brands by 4.7% during the 4th quarter. White Pine Capital LLC now owns 66,412 shares of the company’s stock worth $558,000 after acquiring an additional 2,998 shares during the last quarter. Barclays PLC bought a new stake in American Outdoor Brands during the 3rd quarter worth about $60,000. Victory Capital Management Inc. bought a new stake in American Outdoor Brands during the 4th quarter worth about $74,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in American Outdoor Brands during the 3rd quarter worth about $116,000. Institutional investors own 49.87% of the company’s stock.

American Outdoor Brands Price Performance

Shares of NASDAQ AOUT traded down $0.56 during mid-day trading on Tuesday, hitting $7.82. The company’s stock had a trading volume of 31,101 shares, compared to its average volume of 32,841. The stock has a market cap of $99.78 million, a price-to-earnings ratio of -9.54 and a beta of 0.29. American Outdoor Brands, Inc. has a one year low of $6.97 and a one year high of $10.35. The company’s fifty day simple moving average is $8.44 and its 200-day simple moving average is $8.52.

American Outdoor Brands (NASDAQ:AOUT) last issued its earnings results on Thursday, March 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.02). The business had revenue of $53.43 million during 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, sell-side analysts predict that American Outdoor Brands, Inc. will post 0.1 EPS 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.