Two Sigma Securities LLC acquired a new stake in shares of Malibu Boats Inc (NASDAQ:MBUU) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 7,954 shares of the company’s stock, valued at approximately $236,000.
Several other large investors have also added to or reduced their stakes in MBUU. Tower Research Capital LLC TRC lifted its holdings in shares of Malibu Boats by 126.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,445 shares of the company’s stock valued at $133,000 after purchasing an additional 2,485 shares in the last quarter. Raymond James Financial Services Advisors Inc. bought a new position in shares of Malibu Boats during the 3rd quarter valued at about $288,000. American International Group Inc. lifted its holdings in shares of Malibu Boats by 13.7% during the 4th quarter. American International Group Inc. now owns 13,725 shares of the company’s stock valued at $408,000 after purchasing an additional 1,652 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Malibu Boats during the 4th quarter valued at about $432,000. Finally, Cetera Advisors LLC bought a new position in shares of Malibu Boats during the 3rd quarter valued at about $539,000.
In other Malibu Boats news, VP Dan L. Gasper sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $34.15, for a total value of $512,250.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 3.50% of the company’s stock.
Shares of Malibu Boats Inc (NASDAQ:MBUU) opened at $33.42 on Friday. The company has a market capitalization of $685.44, a P/E ratio of 18.46, a price-to-earnings-growth ratio of 1.02 and a beta of 1.07. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.70 and a quick ratio of 0.92. Malibu Boats Inc has a 12 month low of $20.52 and a 12 month high of $36.81.
Malibu Boats (NASDAQ:MBUU) last released its earnings results on Friday, February 9th. The company reported $0.51 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.04. The firm had revenue of $114.37 million for the quarter, compared to analysts’ expectations of $108.84 million. Malibu Boats had a return on equity of 44.97% and a net margin of 4.64%. The business’s quarterly revenue was up 69.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.38 EPS. equities research analysts expect that Malibu Boats Inc will post 2.19 earnings per share for the current fiscal year.
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Malibu Boats Company Profile
Malibu Boats, Inc is a designer, manufacturer and marketer of performance sport boats. The Company’s segments include the U.S. and Australia. Each segment is engaged in the manufacturing, distribution, marketing and sale of performance sport boats. Its U.S. segment serves markets in North America, South America, Europe and Asia.
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