Johnson Outdoors Inc. (NASDAQ:JOUT) Director Thomas F. Pyle, Jr. sold 1,950 shares of the business’s stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of $64.23, for a total transaction of $125,248.50. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Thomas F. Pyle, Jr. also recently made the following trade(s):

  • On Monday, September 11th, Thomas F. Pyle, Jr. sold 1,000 shares of Johnson Outdoors stock. The shares were sold at an average price of $63.16, for a total transaction of $63,160.00.

Shares of Johnson Outdoors Inc. (JOUT) traded up 1.26% during mid-day trading on Friday, hitting $65.06. 81,971 shares of the stock were exchanged. Johnson Outdoors Inc. has a 12 month low of $31.25 and a 12 month high of $66.53. The stock’s 50 day moving average is $60.69 and its 200 day moving average is $46.24. The firm has a market cap of $639.67 million, a P/E ratio of 20.09 and a beta of 0.74.

Johnson Outdoors (NASDAQ:JOUT) last announced its quarterly earnings results on Friday, August 4th. The company reported $1.65 EPS for the quarter, beating the consensus estimate of $1.02 by $0.63. The firm had revenue of $155.27 million for the quarter, compared to analyst estimates of $149.29 million. Johnson Outdoors had a return on equity of 12.90% and a net margin of 6.85%. Analysts expect that Johnson Outdoors Inc. will post $3.49 EPS for the current fiscal year.

WARNING: This story was originally posted by Daily Political and is the property of of Daily Political. If you are viewing this story on another domain, it was illegally stolen and republished in violation of United States and international trademark & copyright law. The correct version of this story can be viewed at https://www.dailypolitical.com/2017/09/16/johnson-outdoors-inc-jout-director-thomas-f-pyle-jr-sells-1950-shares-of-stock.html.

A number of research analysts have issued reports on JOUT shares. Forward View reissued a “buy” rating and set a $72.00 price objective on shares of Johnson Outdoors in a research report on Sunday, September 3rd. Zacks Investment Research downgraded shares of Johnson Outdoors from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 12th. BidaskClub downgraded shares of Johnson Outdoors from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. ValuEngine raised shares of Johnson Outdoors from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Imperial Capital boosted their price objective on shares of Johnson Outdoors from $49.00 to $63.00 and gave the company an “outperform” rating in a research report on Monday, August 7th. They noted that the move was a valuation call. Three investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $67.00.

Institutional investors have recently made changes to their positions in the company. American International Group Inc. increased its stake in shares of Johnson Outdoors by 7.2% during the first quarter. American International Group Inc. now owns 3,020 shares of the company’s stock valued at $110,000 after buying an additional 202 shares during the period. Smith Asset Management Group LP purchased a new position in shares of Johnson Outdoors during the second quarter valued at $149,000. Bank of Montreal Can increased its stake in shares of Johnson Outdoors by 36.3% during the first quarter. Bank of Montreal Can now owns 4,758 shares of the company’s stock valued at $174,000 after buying an additional 1,268 shares during the period. ClariVest Asset Management LLC purchased a new position in shares of Johnson Outdoors during the second quarter valued at $174,000. Finally, Nordea Investment Management AB purchased a new position in shares of Johnson Outdoors during the second quarter valued at $174,000. Hedge funds and other institutional investors own 59.48% of the company’s stock.

About Johnson Outdoors

Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products. The Company operates through four segments: Marine Electronics, Outdoor Equipment, Watercraft and Diving. Its Marine Electronics segment’s brands are Minn Kota, Humminbird and Cannon. Its Outdoor Equipment segment’s brands are Eureka!, Jetboil and Silva.

Receive News & Ratings for Johnson Outdoors Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Outdoors Inc. and related companies with MarketBeat.com's FREE daily email newsletter.