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Background Checks Rise In February Amid Renewed Gun Debate
Monday, March 5, 2018 - 12:22pm | 365What Happened Sturm Ruger & Company Inc (NYSE: RGR) and American Outdoor Brands Corp (NASDAQ: AOBC) were on the rise Monday after the Federal Bureau of Investigation reported both month-over-month and year-over-year increases in February firearm background checks. Notably, nearly every month...
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Gun Background Checks Show Largest-Ever Yearly Decline In 2017
Thursday, January 4, 2018 - 10:28am | 472October’s mass shooting in Las Vegas and November’s mass shooting in Texas were the first and fifth deadliest mass shootings in modern U.S. history, and the entirety of 2017 was one of the most violent. Gun Violence Archive recorded 345 total mass shootings and 15,539 gun-related...
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Gun Stocks Mixed On New NICS Background Numbers
Monday, September 11, 2017 - 11:51am | 328Gun stocks were largely unaffected Monday by a record August for National Instant Criminal Background Check System (NICS) data, an indicator that has moved the market in previous years. There were 1,925,146 FBI background checks for the month of August. Shares of American Outdoor Brands Corp (...
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Off Target? Gun Stocks Down Over Weak Firearm Background Check Data
Monday, May 1, 2017 - 1:08pm | 302American Outdoor Brands Corp (NASDAQ: AOBC) and Sturm Ruger & Company Inc (NYSE: RGR) shares plunged Monday on the release of the Federal Bureau of Investigation’s monthly firearm background check report. According to the National Instant Criminal Background Check System (NICS), the FBI...
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Gun Stocks Rip As March Posts 10th Highest FBI Background Check Figures
Monday, April 3, 2017 - 1:53pm | 327This March boasted the tenth most FBI firearm background checks (2,433,092) of any month in the 19-year history of the National Instant Criminal Background Check System — and gun stock investors liked what they saw. Sturm Ruger & Company Inc (NYSE: RGR) popped 5.5 percent and American...
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Gun Sales Dip In January
Friday, February 3, 2017 - 5:58pm | 268Following a strong run last year, gun sales are off to a slow start in 2017 with a 20 percent year-year drop and 26 percent decline from December 2016 levels. In fact, it was the first year-over-year January decline since 2014, and only fifth time it happened since data began being recorded....
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Gun Stocks Affected By Tough Year-Over-Year Comparisons
Friday, January 6, 2017 - 10:45am | 453The numbers for firearm background checks, though firing to an all time record in 2016, were found wanting in December. Data released by the FBI based on the National Instant Background Check System, or NICS, showed that 2,771,159 checks were made in December 2016 compared to 3,314,594 in...
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Firearm Background Checks Close Out Record Year With 55.76% Jump
Wednesday, January 4, 2017 - 11:27am | 310Before reports were even in for December 2016, firearm background checks for the year had already surpassed the previous annual record by more than 1.5 million. By the time the final numbers came in, 2016 beat out 2015 by a 2.9-million margin. With 52,306,187 total checks, every month saw year-...
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With One Month Left To Report, U.S. Has Already Set Annual Firearm Background Checks Record
Wednesday, December 28, 2016 - 5:08pm | 332The United States has already set a single-year record in 2016 for firearm background checks, despite one month's data still left to report. The firearm Background checks data is released by the FBI’s National Instant Criminal Background Check System, which is followed in the United...
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NICS November Data Shows Record-Setting Year Continues
Thursday, December 1, 2016 - 4:09pm | 293Firearm background checks data for the month of November shows that the record-setting year continues, with checks rising 14 percent year-over-year and 9.7 percent from October. The Firearm Background checks data is released by the FBI’s National Instant Criminal Background Check System,...
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Sturm Ruger And NICS Data Suggest A Strong Second Half For Gun Stocks
Wednesday, November 2, 2016 - 12:17pm | 326Shares of gun stocks Sturm Ruger & Company Inc (NYSE: RGR) and Smith & Wesson Holding Corp (NASDAQ: SWHC) are getting a bit of a boost this week after the FBI reported yet another record month of NICS background checks and Sturm Ruger delivered a Q3 earnings beat. October’s NICS...
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NICS Firearm Background Checks Continue To Ramp In October
Tuesday, November 1, 2016 - 2:05pm | 311Firearm background checks for the month of October continued a record-high trend for this year, with checks rising 17 percent sequentially and 18 percent year-over-year. The Firearm Background checks data is released by the National Instant Criminal Background Check System, which is followed in the...
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NICS Firearm Background Checks Up 11% Year-Over-Year In September
Monday, October 3, 2016 - 4:11pm | 266Smith & Wesson Holding Corp (NASDAQ: SWHC) and Sturm Ruger & Company Inc (NYSE: RGR) are usually fired up in anticipation of the Firearm Background checks data released by the National Instant Criminal Background Check System. The NICS is a system followed in the US to determine if the...
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FBI Explains Why Firearm Background Checks Were Unusually Low In August
Wednesday, September 14, 2016 - 3:42pm | 346It turns out gun makers like Smith & Wesson Holding Corp (NASDAQ: SWHC) and Sturm, Ruger & Company (NYSE: RGR) may not have had as bad of an August as the FBI background check data for the month seemed to indicate. Gun stocks have sold off hard in recent weeks following the release of the...
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Amid Gun Sale Slowdown, How Should You Play Sturm, Ruger?
Monday, June 6, 2016 - 10:23am | 298Now may be the time for Sturm, Ruger & Company (NYSE: RGR) to take advantage of the stock’s 7.8 percent gain this year and lock in some profits. BB&T analyst Brian Ruttenbur has downgraded the stock from Buy to Hold and sees a cyclical downturn ahead for gun makers. While BB&T...