5 New Stock Picks of Billionaire Mario Gabelli

2. Johnson Outdoors Inc. (NASDAQ:JOUT)

Number of Hedge Fund Holders: 14  

Johnson Outdoors Inc. (NASDAQ:JOUT) makes and sells leisure products. In earnings results for the third fiscal quarter, posted in August, the firm reported earnings per share of $2.83, beating estimates by $0.33. The revenue over the period was $213 million, up 54% year-on-year. 

GAMCO Investors owned 17,006 shares in Johnson Outdoors Inc. (NASDAQ:JOUT) at the end of September 2021 worth $1.7 million, representing 0.01% of the portfolio. 

At the end of the second quarter of 2021, 14 hedge funds in the database of Insider Monkey held stakes worth $112 million in Johnson Outdoors Inc. (NASDAQ:JOUT), up from 11 in the preceding quarter worth $130 million.