A Director at American Outdoor Brands Corp (AOBC) is Buying Shares


Today, a Director at American Outdoor Brands Corp (NASDAQ: AOBC), Robert Brust, bought shares of AOBC for $62.88K.

This recent transaction increases Robert Brust’s holding in the company by 52.18% to a total of $186.3K. This is Brust’s first transaction since reporting a Sell transaction on COV back in November 2014

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Based on American Outdoor Brands Corp’s latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $139 million and quarterly net profit of $7.65 million. In comparison, last year the company earned revenue of $129 million and had a GAAP net loss of $2.17 million. AOBC’s market cap is $784.2M and the company has a P/E ratio of 26.53. Currently, American Outdoor Brands Corp has an average volume of 2.34M.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $14.50, reflecting a -0.6% downside.

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American Outdoor Brands Corp. engages in the manufacture of firearms. It opreates through the following business segments: Firearms; Outdoor Products and Accessories; and Corporate. The Firearms segment offers handguns, long guns, handcuffs, suppressors, and other firearm-related products.

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