Aviance Capital Partners LLC Invests $2.28 Million in Academy Sports and Outdoors, Inc. (NASDAQ:ASO)
From MarketBeat:
Aviance Capital Partners LLC acquired 48,252 shares of Academy Sports and Outdoors, Inc. at a value of $2,281,000. Several other institutional investors have also modified their holdings. Insider Jeffrey C. Tweedy sold 1,065 shares of the company’s stock at an average price of $64.81. Analysts have given ASO an “overweight” rating and a consensus target price of $67.38. ASO stock traded at $64.89 on Friday, reaching a market cap of $4.81 billion. Academy Sports and Outdoors, Inc. has a 52-week low of $42.83 and a 52-week high of $69.02. The company had a return on equity of 29.74% and a net margin of 8.32%. The company’s quarterly revenue was down 6.4% on a year-over-year basis. Academy Sports and Outdoors also disclosed a quarterly dividend of $0.09 per share, representing a yield of 0.55%. Academy Sports and Outdoors, Inc. operates as a sporting goods and outdoor recreational retailer in the United States.
Read more: Aviance Capital Partners LLC Invests $2.28 Million in Academy Sports and Outdoors, Inc. (NASDAQ:ASO)