American Outdoor Brands Director Purchases $90500 in Stock

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According to a recent filing with the Securities and Exchange Commission, American Outdoor Brands($NASDAQ:AOUT) Director Purchases $90500 in Stock. This move comes after the company’s shares fell sharply last week. American Outdoor Brands, Inc is a leading manufacturer of firearms and outdoor products. The company’s products are sold under some of the most well-known brands in the industry, including Smith & Wesson, Ruger, and Winchester. American Outdoor Brands has a long history of innovation and quality craftsmanship, and its products are used by law enforcement, military, and civilian customers around the world. The company’s products are designed for a wide range of uses, including hunting, target shooting, self-defense, and plinking. American Outdoor Brands is committed to providing its customers with the best possible products and services.

Share Price

Monday was a good day for American Outdoor Brands. The company’s stock opened at $9.5 and closed at $9.6, up by 1.5% from its last closing price. This was thanks to a director at the company purchasing $90500 worth of stock. This shows that the company has potential and is worth investing in. American Outdoor Brands makes products for people who love the outdoors, so this purchase is a vote of confidence in the company’s products and future.

VI Analysis

A company’s fundamentals reflect its long term potential. The VI app makes analyzing a company’s financials easy and straightforward. The VI Star Chart shows that AMERICAN OUTDOOR BRANDS is classified as an “elephant”. This means that the company is rich in assets after deducting liabilities. Such a company is considered less risky as the intrinsic value is pegged to its assets. The company has an intermediate health score of 6/10 considering its cashflows and debt. This means that it might be able to sustain future operations in times of crisis.

Summary

This is because the company’s director recently bought $90500 worth of stock in the company. This could be seen as a vote of confidence in the company’s future. American Outdoor Brands makes firearms and ammunition, so it may be a good investment for people who are interested in those industries.