Confluence Investment Management LLC Buys Shares of 262,902 American Outdoor Brands, Inc. (NASDAQ:AOUT)

Confluence Investment Management LLC bought a new stake in shares of American Outdoor Brands, Inc. (NASDAQ:AOUT) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 262,902 shares of the company’s stock, valued at approximately $2,314,000. Confluence Investment Management LLC owned about 2.06% of American Outdoor Brands at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. White Pine Capital LLC increased its stake in shares of American Outdoor Brands by 4.7% in the 4th quarter. White Pine Capital LLC now owns 66,412 shares of the company’s stock worth $558,000 after purchasing an additional 2,998 shares in the last quarter. Barclays PLC purchased a new stake in shares of American Outdoor Brands in the 3rd quarter worth $60,000. Victory Capital Management Inc. purchased a new stake in shares of American Outdoor Brands in the 4th quarter worth $74,000. Teton Advisors Inc. increased its stake in shares of American Outdoor Brands by 6.1% in the 4th quarter. Teton Advisors Inc. now owns 181,000 shares of the company’s stock worth $1,520,000 after purchasing an additional 10,362 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of American Outdoor Brands in the 3rd quarter worth $116,000. 49.87% of the stock is currently owned by hedge funds and other institutional investors.

American Outdoor Brands Trading Up 0.7 %

AOUT stock traded up $0.06 during trading on Tuesday, reaching $8.39. The company’s stock had a trading volume of 3,583 shares, compared to its average volume of 29,802. American Outdoor Brands, Inc. has a 1 year low of $7.19 and a 1 year high of $10.35. The company’s fifty day moving average is $8.21 and its 200-day moving average is $8.40.

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.