Johnson Outdoors Inc. (NASDAQ:JOUT) VP David W. Johnson sold 1,000 shares of the company’s stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $62.31, for a total transaction of $62,310.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Shares of Johnson Outdoors Inc. (JOUT) opened at $62.70 on Tuesday. The firm has a market cap of $626.95, a PE ratio of 17.66 and a beta of 0.67. Johnson Outdoors Inc. has a 1-year low of $31.25 and a 1-year high of $76.18.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 25th. Investors of record on Thursday, January 11th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.64%. The ex-dividend date of this dividend is Wednesday, January 10th. Johnson Outdoors’s payout ratio is currently 11.27%.

Several equities analysts have recently commented on JOUT shares. Zacks Investment Research upgraded shares of Johnson Outdoors from a “hold” rating to a “strong-buy” rating and set a $73.00 price target for the company in a research report on Tuesday, December 19th. Imperial Capital reaffirmed an “outperform” rating and issued a $70.00 price objective (up previously from $63.00) on shares of Johnson Outdoors in a report on Friday, December 15th. Finally, ValuEngine downgraded shares of Johnson Outdoors from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $71.67.

Hedge funds have recently bought and sold shares of the stock. Dynamic Technology Lab Private Ltd acquired a new stake in Johnson Outdoors in the third quarter worth about $206,000. Cypress Capital Management LLC WY acquired a new stake in Johnson Outdoors in the third quarter worth about $254,000. Nordea Investment Management AB acquired a new stake in Johnson Outdoors in the second quarter worth about $174,000. Citadel Advisors LLC acquired a new stake in Johnson Outdoors in the third quarter worth about $317,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in Johnson Outdoors in the third quarter worth about $325,000. 61.31% of the stock is owned by institutional investors and hedge funds.

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Johnson Outdoors Company Profile

Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products. The Company operates through four segments: Marine Electronics, Outdoor Equipment, Watercraft and Diving. Its Marine Electronics segment’s brands are Minn Kota, Humminbird and Cannon. Its Outdoor Equipment segment’s brands are Eureka!, Jetboil and Silva.

Insider Buying and Selling by Quarter for Johnson Outdoors (NASDAQ:JOUT)

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