AMCON DistributingDIT
Market Cap: $87.6M
About: Amcon Distributing Co is engaged in the wholesale and retail distribution of consumer products such as cigarettes, tobacco, confectionery, health food, and others. It operates in two segments: Wholesale distribution segment distributing consumer products to the retail outlets including convenience stores, grocery stores, liquor stores, drug stores, and tobacco shops in the Central, Rocky Mountain, and Southern regions of the United States; and the Retail health food segment is a specialty retailer of natural/organic groceries and dietary supplements throughout the Midwest and Florida. The company earns a majority of the revenue from the Wholesale distribution segment.
Employees: 1,476
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
5% more funds holding
Funds holding: 19 [Q1] → 20 (+1) [Q2]
0.66% less ownership
Funds ownership: 11.84% [Q1] → 11.19% (-0.66%) [Q2]
29% less capital invested
Capital invested by funds: $13.7M [Q1] → $9.8M (-$3.92M) [Q2]
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Research analyst outlook
We haven’t received any recent analyst ratings for DIT.