Credit Suisse AG lifted its stake in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) by 62.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,819 shares of the company’s stock after acquiring an additional 2,625 shares during the period. Credit Suisse AG owned approximately 0.07% of Johnson Outdoors worth $768,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new position in shares of Johnson Outdoors during the 4th quarter worth about $100,000. International Assets Investment Management LLC acquired a new position in shares of Johnson Outdoors during the 4th quarter worth approximately $118,000. Citigroup Inc. lifted its holdings in Johnson Outdoors by 18.0% during the 4th quarter. Citigroup Inc. now owns 1,082 shares of the company’s stock valued at $122,000 after purchasing an additional 165 shares during the last quarter. Arizona State Retirement System bought a new position in Johnson Outdoors during the fourth quarter worth $203,000. Finally, Cubist Systematic Strategies LLC boosted its holdings in shares of Johnson Outdoors by 22.6% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 2,776 shares of the company’s stock worth $227,000 after buying an additional 511 shares during the period. 65.30% of the stock is currently owned by institutional investors and hedge funds.
Shares of NASDAQ:JOUT opened at $145.79 on Thursday. Johnson Outdoors Inc. has a 1 year low of $55.88 and a 1 year high of $151.66. The company has a market capitalization of $1.47 billion, a P/E ratio of 26.70 and a beta of 0.88. The business’s 50 day simple moving average is $136.38 and its 200 day simple moving average is $107.68.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 29th. Stockholders of record on Thursday, April 15th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.58%. The ex-dividend date is Wednesday, April 14th.
In other Johnson Outdoors news, Director Thomas F. Pyle, Jr. sold 2,981 shares of the firm’s stock in a transaction on Thursday, April 1st. The stock was sold at an average price of $143.47, for a total transaction of $427,684.07. Following the transaction, the director now directly owns 35,895 shares in the company, valued at approximately $5,149,855.65. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO David W. Johnson sold 1,000 shares of the company’s stock in a transaction dated Friday, January 15th. The stock was sold at an average price of $112.73, for a total transaction of $112,730.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,312 shares of company stock valued at $1,041,350. 18.60% of the stock is owned by company insiders.
Johnson Outdoors Company Profile
Johnson Outdoors Inc designs, manufactures, and markets camping, diving, watercraft, and marine electronics products worldwide. The company's Fishing segment offers electric motors for trolling or primary propulsion, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing.
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