Ceredex Value Advisors Buys New Stake in Academy Sports and Outdoors

The institutional investor purchased 185,300 shares of the sporting goods retailer's stock in the third quarter.

Mar. 11, 2026 at 8:52am

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Ceredex Value Advisors LLC, an institutional investor, bought a new position in shares of Academy Sports and Outdoors, Inc. (NASDAQ:ASO) during the third quarter of 2026. The firm purchased 185,300 shares of the company's stock, valued at approximately $9,269,000, representing around 0.28% ownership of Academy Sports and Outdoors.

Why it matters

This investment by Ceredex Value Advisors reflects institutional confidence in Academy Sports and Outdoors, a leading specialty retailer of sporting goods and outdoor equipment. The purchase suggests the firm sees growth potential in the company's business model and market position.

The details

According to the 13F filing, Ceredex Value Advisors LLC bought the 185,300 shares of Academy Sports and Outdoors in the third quarter of 2026. This new position represents approximately 0.28% of the company's outstanding shares.

  • Ceredex Value Advisors LLC purchased the 185,300 shares of Academy Sports and Outdoors in the third quarter of 2026.

The players

Ceredex Value Advisors LLC

An institutional investment firm that manages a portfolio of value-oriented stocks.

Academy Sports and Outdoors, Inc.

A leading specialty retailer of sporting goods and outdoor equipment, operating over 260 stores across the United States.

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The takeaway

Ceredex Value Advisors' investment in Academy Sports and Outdoors suggests the firm sees long-term growth potential in the sporting goods retailer's business model and market position, even as the company faces increased competition in the sector.