Intrepid Capital Management Inc buys $13.1 Million stake in American Science & Engineering (ASEI)

American Science & Engineering (ASEI) : Intrepid Capital Management Inc scooped up 148,138 additional shares in American Science & Engineering during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 437,777 shares of American Science & Engineering which is valued at $13.1 Million.American Science & Engineering makes up approximately 5.84% of Intrepid Capital Management Inc’s portfolio.

Other Hedge Funds, Including , I.g. Investment Management Ltd. boosted its stake in ASEI in the latest quarter, The investment management firm added 1,507 additional shares and now holds a total of 17,000 shares of American Science & Engineering which is valued at $510,510.Blackrock Advisors reduced its stake in ASEI by selling 21,540 shares or 20.06% in the most recent quarter. The Hedge Fund company now holds 85,827 shares of ASEI which is valued at $2.6 Million.Nine Chapters Capital Management boosted its stake in ASEI in the latest quarter, The investment management firm added 4,600 additional shares and now holds a total of 13,200 shares of American Science & Engineering which is valued at $396,396. American Science & Engineering makes up approx 0.03% of Nine Chapters Capital Management’s portfolio. Los Angeles Capital Management Equity Research Inc added ASEI to its portfolio by purchasing 7,470 company shares during the most recent quarter which is valued at $210,430. Tdam Usa sold out all of its stake in ASEI during the most recent quarter. The investment firm sold 5,800 shares of ASEI which is valued $163,386.

American Science & Engineering opened for trading at $30.46 and hit $31.43 on the upside on Wednesday, eventually ending the session at $31.14, with a gain of 1.73% or 0.53 points. The heightened volatility saw the trading volume jump to 55,609 shares. Company has a market cap of $223 M.

On the company’s financial health, American Science & Engineering reported $-0.26 EPS for the quarter, missing the analyst consensus estimate by $ -0.31 based on the information available during the earnings call on May 9, 2016. Analyst had a consensus of $0.05. The company had revenue of $24.23 million for the quarter, compared to analysts expectations of $25.13 million. The company’s revenue was down -22.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.12 EPS.

Many Wall Street Analysts have commented on American Science & Engineering. Company shares were Upgraded by The Benchmark Company on May 10, 2016 to ” Buy”, Firm has raised the Price Target to $ 35 from a previous price target of $30 .

American Science and Engineering Inc. (AS&E) develops manufactures markets and sells X-ray inspection and other detection products for homeland security force protection and other critical defense applications. The Company manufactures X-ray inspection products that can be used to inspect parcels baggage vehicles pallets cargo containers and people. The Company also provides maintenance warranty engineering and training services related to these products. The Company’s segment X-ray screening products includes X-ray detection and imaging products used for the detection of illegal drugs weapons and explosives and smuggled goods. The Company’s products and services can be grouped into five different areas: Cargo Inspection Systems Mobile Cargo Inspection Systems Parcel and Personnel Screening Inspection Systems Custom Products and Service and Support.

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