Johnson Outdoors CFO David Johnson Sells 2,000 Shares (JOUT)
Johnson Outdoors (NASDAQ:JOUT) CFO David Johnson unloaded 2,000 shares of Johnson Outdoors stock on the open market in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $26.67, for a total transaction of $53,340.00. Following the transaction, the chief financial officer now directly owns 63,371 shares in the company, valued at approximately $1,690,105. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Johnson Outdoors (NASDAQ:JOUT) traded down 1.16% during mid-day trading on Wednesday, hitting $27.34. The stock had a trading volume of 129,360 shares. Johnson Outdoors has a one year low of $20.25 and a one year high of $28.75. The stock’s 50-day moving average is $27.53 and its 200-day moving average is $26.55. The company has a market cap of $260.2 million and a price-to-earnings ratio of 14.21.
Johnson Outdoors (NASDAQ:JOUT) last posted its quarterly earnings results on Friday, December 6th. The company reported ($0.35) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.09) by $0.26. The company had revenue of $77.32 million for the quarter, compared to the consensus estimate of $74.80 million. During the same quarter in the previous year, the company posted $0.74 earnings per share. Analysts expect that Johnson Outdoors will post $2.19 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, January 23rd. Shareholders of record on Thursday, January 9th will be given a dividend of 0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Tuesday, January 7th.
Johnson Outdoors Inc (NASDAQ:JOUT) is a global manufacturer and marketer of branded seasonal, outdoor recreation products used for fishing, diving, paddling and camping.
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