Arctic Cat Inc. (NASDAQ:ACAT)’s share price rose 1.8% during mid-day trading on Monday . The stock traded as high as $15.15 and last traded at $15.08, with a volume of 56,345 shares changing hands. The stock had previously closed at $14.81.

ACAT has been the topic of several recent research reports. Wunderlich dropped their price objective on shares of Arctic Cat from $11.00 to $10.00 and set a “sell” rating on the stock in a research note on Thursday, May 12th. Wells Fargo & Co. reissued a “hold” rating on shares of Arctic Cat in a research note on Monday, May 16th. Zacks Investment Research cut shares of Arctic Cat from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 17th. Northcoast Research cut shares of Arctic Cat from a “buy” rating to a “neutral” rating in a research note on Thursday, June 16th. Finally, Feltl & Co. cut shares of Arctic Cat from a “hold” rating to a “sell” rating and set a $12.00 price target on the stock. in a research note on Friday, July 29th. Four analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. Arctic Cat has an average rating of “Hold” and a consensus price target of $15.00.

The firm’s market cap is $196.75 million. The company has a 50 day moving average of $16.44 and a 200-day moving average of $16.14.

Arctic Cat (NASDAQ:ACAT) last announced its quarterly earnings data on Friday, July 29th. The company reported ($0.81) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.36) by $0.45. The company earned $104.90 million during the quarter, compared to analysts’ expectations of $117.81 million. During the same quarter in the previous year, the business earned ($0.08) EPS. Arctic Cat’s revenue was down 22.0% compared to the same quarter last year. Equities research analysts anticipate that Arctic Cat Inc. will post ($0.92) earnings per share for the current fiscal year.

In other news, Director Andrew S. Duff acquired 5,000 shares of Arctic Cat stock in a transaction that occurred on Wednesday, August 3rd. The shares were purchased at an average cost of $14.89 per share, for a total transaction of $74,450.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

An institutional investor recently raised its position in Arctic Cat stock. Schwab Charles Investment Management Inc. boosted its stake in Arctic Cat Inc. (NASDAQ:ACAT) by 14.8% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 76,955 shares of the company’s stock after buying an additional 9,906 shares during the period. Schwab Charles Investment Management Inc. owned 0.59% of Arctic Cat worth $1,261,000 as of its most recent SEC filing.

Arctic Cat Inc designs, engineers, manufactures and markets snowmobiles and all-terrain vehicles (ATVs) and recreational off-highway vehicles (side-by-sides or ROVs), as well as related parts, garments and accessories. The Company offers its products under the Arctic Cat and MotorFist brand names. The Company’s operations include three operating segments: snowmobile, ATV and parts, garments and accessories (PG&A).

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