Vista Outdoor Inc. (VSTO): Gary L Mcarthur , director of Vista Outdoor Inc. purchased 3,156 shares on May 19, 2016. The Insider buying transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $47.49 per share for a total value of $149,884.75 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 18, 2015, Michael Callahan (director) purchased 1,300 shares at $42.56 per share price.On Sep 1, 2015, Mark A. Gottfredson (director) purchased 3,715 shares at $46.70 per share price.Also, On Aug 26, 2015, Robert M Tarola (director) purchased 1,000 shares at $44.30 per share price.
Vista Outdoor Inc: On Friday, May 20, 2016 heightened volatility was witnessed in Vista Outdoor Inc which led to swings in the share price. The shares opened for trading at $47.57 and hit $48.71 on the upside , eventually ending the session at $48.65, with a gain of 2.77% or 1.31 points. The heightened volatility saw the trading volume jump to 5,08,749 shares. The 52-week high of the share price is $53.91 and the company has a market cap of $2,959,185 M . The 52-week low of the share price is at $41.34.
Company has been under the radar of several Street Analysts.Vista Outdoor Inc is Reiterated by Wunderlich to Buy and the brokerage firm has raised the Price Target to $ 60 from a previous price target of $57 .The Rating was issued on Feb 26, 2016.
Vista Outdoor Inc. is a designer manufacturer and marketer of consumer products in the outdoor sports and recreation markets. The Company operates in two segments: Shooting Sports and Outdoor Products. Its Shooting Sports segment’s products include pistol rifle rimfire and shotshell ammunition and primers centerfire rifles rimfire rifles shotguns and range systems. Its Outdoor Products segment’s product lines include optics accessories and eyewear. It serves the outdoor sports and recreation markets through a diverse portfolio of over 30 brands that provide consumers with a range of products including sporting ammunition and firearms outdoor accessories outdoor sports optics golf rangefinders and performance eyewear. It serves a range of end consumers including outdoor enthusiasts hunters and recreational shooters athletes as well as law enforcement and military professionals. Its products are sold through a variety of mass specialty and independent retailers.