Intrepid Capital Management Inc Lowers stake in American Science & Engineering (ASEI)

American Science & Engineering (ASEI) : Intrepid Capital Management Inc reduced its stake in American Science & Engineering by 4.7% during the most recent quarter end. The investment management company now holds a total of 417,213 shares of American Science & Engineering which is valued at $15,411,848 after selling 20,564 shares in American Science & Engineering , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.American Science & Engineering makes up approximately 6.66% of Intrepid Capital Management Inc’s portfolio.

Other Hedge Funds, Including , Deimos Asset Management added ASEI to its portfolio by purchasing 23,547 company shares during the most recent quarter which is valued at $869,826. American Science & Engineering makes up approx 0.73% of Deimos Asset Management’s portfolio.Blackrock Group Ltd reduced its stake in ASEI by selling 14,951 shares or 76.72% in the most recent quarter. The Hedge Fund company now holds 4,537 shares of ASEI which is valued at $167,597.Vanguard Group Inc reduced its stake in ASEI by selling 71,420 shares or 16.85% in the most recent quarter. The Hedge Fund company now holds 352,495 shares of ASEI which is valued at $13,021,165. Teacher Retirement System Of Texas sold out all of its stake in ASEI during the most recent quarter. The investment firm sold 874 shares of ASEI which is valued $32,347. Swiss National Bank sold out all of its stake in ASEI during the most recent quarter. The investment firm sold 11,100 shares of ASEI which is valued $409,590.

American Science & Engineering opened for trading at $36.82 and hit $36.97 on the upside on Monday, eventually ending the session at $36.97, with a gain of 0.27% or 0.1 points. The heightened volatility saw the trading volume jump to 7,456 shares. Company has a market cap of $264 M.

On the company’s financial health, American Science & Engineering reported $0.01 EPS for the quarter, missing the analyst consensus estimate by $ -0.16 based on the information available during the earnings call on Aug 8, 2016. Analyst had a consensus of $0.17. The company had revenue of $28.22 million for the quarter, compared to analysts expectations of $31.00 million. The company’s revenue was down -10.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.07 EPS.

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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