22,714 Shares in Smith & Wesson Brands, Inc. (NASDAQ:SWBI) Bought by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC bought a new position in Smith & Wesson Brands, Inc. (NASDAQ:SWBI) during the third quarter, according to its most recent filing with the SEC. The firm bought 22,714 shares of the company’s stock, valued at approximately $295,000.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Smith & Wesson Brands by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 3,616,996 shares of the company’s stock worth $62,791,000 after purchasing an additional 47,009 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Smith & Wesson Brands by 2.7% in the 2nd quarter. Renaissance Technologies LLC now owns 2,798,009 shares of the company’s stock worth $40,123,000 after purchasing an additional 72,500 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Smith & Wesson Brands by 28.3% in the 2nd quarter. American Century Companies Inc. now owns 1,046,287 shares of the company’s stock worth $15,004,000 after purchasing an additional 230,532 shares in the last quarter. Millennium Management LLC bought a new position in shares of Smith & Wesson Brands in the 2nd quarter worth $4,354,000. Finally, Marshall Wace LLP bought a new position in Smith & Wesson Brands during the 2nd quarter valued at $4,129,000. 59.33% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Smith & Wesson Brands

In other Smith & Wesson Brands news, Director Robert L. Scott sold 2,000 shares of the firm’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $16.07, for a total transaction of $32,140.00. Following the transaction, the director now directly owns 67,569 shares in the company, valued at approximately $1,085,833.83. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.99% of the company’s stock.

Smith & Wesson Brands Price Performance

Shares of NASDAQ:SWBI opened at $13.67 on Monday. The company has a current ratio of 3.54, a quick ratio of 1.19 and a debt-to-equity ratio of 0.28. The stock’s fifty day simple moving average is $13.67 and its two-hundred day simple moving average is $15.15. Smith & Wesson Brands, Inc. has a 1-year low of $11.96 and a 1-year high of $18.05. The stock has a market cap of $622.81 million, a PE ratio of 15.90 and a beta of 1.00.

Smith & Wesson Brands (NASDAQ:SWBI) last issued its quarterly earnings data on Thursday, September 5th. The company reported ($0.02) earnings per share for the quarter, meeting the consensus estimate of ($0.02). Smith & Wesson Brands had a return on equity of 9.20% and a net margin of 6.74%. The business had revenue of $88.33 million for the quarter, compared to analysts’ expectations of $102.52 million. During the same period last year, the business earned $0.13 EPS. The business’s revenue was down 22.7% on a year-over-year basis.

Smith & Wesson Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Thursday, September 19th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend was Thursday, September 19th. Smith & Wesson Brands’s dividend payout ratio (DPR) is presently 60.47%.

Smith & Wesson Brands Profile

Smith & Wesson Brands, Inc designs, manufactures, and sells firearms worldwide. The company offers handguns, including revolvers and pistols; long guns, such as modern sporting rifles, bolt action rifles; handcuffs; suppressors; and other firearm-related products under the Smith & Wesson, M&P, and Gemtech brands.