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

Teton Advisors Inc. grew its stake in American Outdoor Brands, Inc. (NASDAQ:AOUT) by 6.1% during the fourth quarter, HoldingsChannel reports. The firm owned 181,000 shares of the company’s stock after buying an additional 10,362 shares during the quarter. Teton Advisors Inc.’s holdings in American Outdoor Brands were worth $1,520,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Brandes Investment Partners LP grew its stake in shares of American Outdoor Brands by 26.0% in the fourth quarter. Brandes Investment Partners LP now owns 270,622 shares of the company’s stock worth $2,273,000 after purchasing an additional 55,821 shares during the last quarter. Gamco Investors INC. ET AL increased its stake in shares of American Outdoor Brands by 12.4% in the third quarter. Gamco Investors INC. ET AL now owns 251,363 shares of the company’s stock valued at $2,458,000 after buying an additional 27,700 shares during the period. White Pine Capital LLC raised its position in shares of American Outdoor Brands by 4.7% during the fourth 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. Gabelli Funds LLC boosted its holdings in American Outdoor Brands by 5.0% in the third quarter. Gabelli Funds LLC now owns 58,735 shares of the company’s stock valued at $574,000 after acquiring an additional 2,800 shares during the last quarter. Finally, Acadian Asset Management LLC increased its position in American Outdoor Brands by 139.5% during the 3rd quarter. Acadian Asset Management LLC now owns 36,724 shares of the company’s stock valued at $358,000 after purchasing an additional 21,388 shares during the period. 49.87% of the stock is currently owned by institutional investors and hedge funds.

American Outdoor Brands Stock Performance

Shares of NASDAQ:AOUT traded down $0.56 during midday trading on Tuesday, reaching $7.82. The company’s stock had a trading volume of 31,101 shares, compared to its average volume of 32,841. The firm has a 50 day moving average price of $8.44 and a two-hundred day moving average price of $8.52. American Outdoor Brands, Inc. has a fifty-two week low of $6.97 and a fifty-two week high of $10.35. The firm has a market capitalization of $99.78 million, a price-to-earnings ratio of -9.54 and a beta of 0.29.

American Outdoor Brands (NASDAQ:AOUT) last announced its quarterly earnings data on Thursday, March 7th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.02). American Outdoor Brands had a positive return on equity of 0.78% and a negative net margin of 5.47%. The company had revenue of $53.43 million for the quarter, compared to analyst estimates of $51.20 million. As a group, research analysts anticipate that American Outdoor Brands, Inc. will post 0.1 earnings per share 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.