The The reporting person is SVP, General Counsel, Chie of Smith & Wesson Brands (NASDAQ: SWBI) is Selling Shares

Yesterday, the The reporting person is SVP, General Counsel, Chie of Smith & Wesson Brands (SWBIResearch Report), Robert Cicero, sold shares of SWBI for $611.7K.

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Based on Smith & Wesson Brands’ latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $278 million and quarterly net profit of $48.39 million. In comparison, last year the company earned revenue of $124 million and had a GAAP net loss of $2.11 million. The company has a one-year high of $27.79 and a one-year low of $5.41.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $23.25, reflecting a -32.7% downside.

The insider sentiment on Smith & Wesson Brands has been negative according to 41 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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American Outdoor Brands Corp. is a holding company, which engages in the manufacture, design, and provision of firearms. It operates through the Firearms and Outdoor Products & Accessories segments. The Firearms segment comprises the manufacture of handguns, long guns, handcuffs, suppressors, and other firearm-related products for sale to a wide variety of customers. The Outdoor Products & Accessories segment engages in the distribution, manufacture, and design of reloading, gunsmithing, and gun cleaning supplies; stainless-steel cutting tools and accessories; flashlights; tree saws and related trimming accessories; shooting supplies, rests, and other related accessories; apparel; vault accessories; laser grips and laser sights; and a full range of products for survival and emergency preparedness. The company was founded by Michell A. Saltz on June 17, 1991 and is headquartered in Springfield, MA.