Paloma Partners Management Co purchased a new stake in shares of Smith & Wesson Brands, Inc. (NASDAQ:SWBI – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 30,320 shares of the company’s stock, valued at approximately $394,000. Paloma Partners Management Co owned 0.07% of Smith & Wesson Brands as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently bought and sold shares of SWBI. Millennium Management LLC purchased a new stake in Smith & Wesson Brands during the 2nd quarter valued at $4,354,000. Marshall Wace LLP bought a new position in Smith & Wesson Brands in the 2nd quarter valued at $4,129,000. American Century Companies Inc. grew its position in 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 valued at $15,004,000 after acquiring an additional 230,532 shares during the last quarter. Cubist Systematic Strategies LLC grew its position in Smith & Wesson Brands by 1,023.1% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 134,086 shares of the company’s stock valued at $1,923,000 after acquiring an additional 122,147 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in Smith & Wesson Brands by 2.7% in the 2nd quarter. Renaissance Technologies LLC now owns 2,798,009 shares of the company’s stock valued at $40,123,000 after acquiring an additional 72,500 shares during the last quarter. Hedge funds and other institutional investors own 59.33% of the company’s stock.
Smith & Wesson Brands Stock Performance
Shares of Smith & Wesson Brands stock opened at $14.10 on Thursday. The stock’s fifty day moving average is $13.22 and its two-hundred day moving average is $14.35. The company has a market capitalization of $632.41 million, a PE ratio of 19.05 and a beta of 0.96. The company has a quick ratio of 1.19, a current ratio of 3.54 and a debt-to-equity ratio of 0.28. Smith & Wesson Brands, Inc. has a 52 week low of $11.96 and a 52 week high of $18.05.
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.
Featured Stories
- Five stocks we like better than Smith & Wesson Brands
- How to Evaluate a Stock Before Buying
- Tesla Poised to Hit Record Highs This Holiday Season
- Why Are These Companies Considered Blue Chips?
- The Salesforce Rally is Just Getting Started: Here’s Why
- Technology Stocks Explained: Here’s What to Know About Tech
- 3 Chip and Data Center Stocks That Can Keep Rising in 2025
Receive News & Ratings for Smith & Wesson Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smith & Wesson Brands and related companies with MarketBeat.com's FREE daily email newsletter.