Sapient Capital LLC Makes New $165,000 Investment in AMMO, Inc. (NASDAQ:POWW)

Sapient Capital LLC acquired a new stake in shares of AMMO, Inc. (NASDAQ:POWW) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 150,000 shares of the company’s stock, valued at approximately $165,000. Sapient Capital LLC owned about 0.13% of AMMO at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. State Street Corp grew its stake in AMMO by 0.7% during the third quarter. State Street Corp now owns 1,666,566 shares of the company’s stock valued at $2,383,000 after acquiring an additional 11,235 shares in the last quarter. Barclays PLC grew its position in shares of AMMO by 270.0% during the third quarter. Barclays PLC now owns 117,494 shares of the company’s stock valued at $168,000 after purchasing an additional 85,738 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of AMMO by 13.3% in the third quarter. Victory Capital Management Inc. now owns 82,356 shares of the company’s stock worth $118,000 after purchasing an additional 9,649 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of AMMO in the third quarter worth about $44,000. Finally, Stratos Investment Management LLC bought a new position in AMMO during the third quarter valued at approximately $143,000. Hedge funds and other institutional investors own 26.40% of the company’s stock.

AMMO Stock Performance

NASDAQ:POWW opened at $1.80 on Thursday. The company has a market cap of $213.76 million, a price-to-earnings ratio of -8.57 and a beta of 0.46. AMMO, Inc. has a 1 year low of $0.95 and a 1 year high of $2.94. The stock’s 50 day simple moving average is $1.36 and its two-hundred day simple moving average is $1.37. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.17 and a quick ratio of 1.87.

AMMO Company Profile

AMMO, Inc designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals seeking home or personal protection, manufacturers, and law enforcement and military agencies. The company's products include STREAK Visual Ammunition that enables shooters to see the path of the bullets fired by them; and Stelth Subsonic ammunition primarily for suppressed firearms.