Main Street Financial Solutions LLC出售2,500股史密斯韦森品牌公司(Sequoia Capital：SWBI)股票

Main Street Financial Solutions LLC decreased its stake in shares of Smith & Wesson Brands, Inc. (NASDAQ:SWBI – Get Rating) by 13.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,215 shares of the company's stock after selling 2,500 shares during the period. Main Street Financial Solutions LLC's holdings in Smith & Wesson Brands were worth $168,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. SeaCrest Wealth Management LLC bought a new stake in shares of Smith & Wesson Brands during the second quarter worth $28,000. US Bancorp DE grew its position in Smith & Wesson Brands by 117.0% in the first quarter. US Bancorp DE now owns 2,448 shares of the company's stock valued at $37,000 after purchasing an additional 1,320 shares in the last quarter. Amalgamated Bank bought a new position in Smith & Wesson Brands in the first quarter valued at $118,000. Counterpoint Mutual Funds LLC grew its position in Smith & Wesson Brands by 562.8% in the second quarter. Counterpoint Mutual Funds LLC now owns 8,325 shares of the company's stock valued at $109,000 after purchasing an additional 7,069 shares in the last quarter. Finally, EMC Capital Management grew its position in Smith & Wesson Brands by 50.4% in the second quarter. EMC Capital Management now owns 9,288 shares of the company's stock valued at $122,000 after purchasing an additional 3,113 shares in the last quarter. Institutional investors own 57.41% of the company's stock.

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Smith & Wesson Brands Stock Performance

Shares of SWBI stock opened at $8.68 on Tuesday. The stock has a market cap of $398.41 million, a P/E ratio of 5.05 and a beta of 1.10. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.24 and a quick ratio of 1.14. The company has a fifty day moving average price of $10.54 and a two-hundred day moving average price of $12.01. Smith & Wesson Brands, Inc. has a one year low of $8.20 and a one year high of $18.94.

Smith & Wesson Brands Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 3rd. Shareholders of record on Tuesday, December 20th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 4.61%. The ex-dividend date is Monday, December 19th. Smith & Wesson Brands's dividend payout ratio is currently 23.26%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on SWBI shares. Craig Hallum decreased their target price on shares of Smith & Wesson Brands from $17.00 to $12.00 in a research report on Wednesday, December 7th. Lake Street Capital decreased their target price on shares of Smith & Wesson Brands from $22.00 to $13.50 and set a "buy" rating for the company in a research report on Wednesday, December 7th. Finally, TheStreet downgraded shares of Smith & Wesson Brands from a "b-" rating to a "c+" rating in a research report on Tuesday, September 13th.

Insider Buying and Selling at Smith & Wesson Brands

In other Smith & Wesson Brands news, Director Robert L. Scott sold 3,500 shares of the stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $11.83, for a total value of $41,405.00. Following the completion of the sale, the director now owns 87,073 shares in the company, valued at $1,030,073.59. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Smith & Wesson Brands news, Director Robert L. Scott sold 3,500 shares of the stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $11.83, for a total value of $41,405.00. Following the completion of the sale, the director now owns 87,073 shares in the company, valued at $1,030,073.59. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Robert L. Scott sold 3,000 shares of the stock in a transaction on Monday, October 17th. The shares were sold at an average price of $10.49, for a total transaction of $31,470.00. Following the completion of the sale, the director now owns 90,573 shares of the company's stock, valued at approximately $950,110.77. The disclosure for this sale can be found here. Insiders sold a total of 10,500 shares of company stock worth $108,355 over the last quarter. 1.63% of the stock is currently owned by insiders.

Smith & Wesson Brands Company Profile

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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.

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