Weber Alan W Boosts Stake in Sportsman’s Warehouse Holdings, Inc. (SPWH)

Weber Alan W boosted its stake in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) by 15.8% during the second quarter, Holdings Channel reports. The fund owned 330,000 shares of the company’s stock after buying an additional 45,100 shares during the period. Sportsman’s Warehouse Holdings comprises 1.0% of Weber Alan W’s holdings, making the stock its 22nd largest position. Weber Alan W’s holdings in Sportsman’s Warehouse Holdings were worth $1,782,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Teachers Advisors LLC raised its position in shares of Sportsman’s Warehouse Holdings by 11.4% in the fourth quarter. Teachers Advisors LLC now owns 48,195 shares of the company’s stock valued at $453,000 after buying an additional 4,940 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of Sportsman’s Warehouse Holdings by 6.2% in the first quarter. Schwab Charles Investment Management Inc. now owns 105,244 shares of the company’s stock valued at $504,000 after buying an additional 6,156 shares during the last quarter. Credit Suisse AG raised its position in shares of Sportsman’s Warehouse Holdings by 25.5% in the first quarter. Credit Suisse AG now owns 33,971 shares of the company’s stock valued at $162,000 after buying an additional 6,897 shares during the last quarter. Mesirow Financial Investment Management Equity Management raised its position in shares of Sportsman’s Warehouse Holdings by 16.6% in the first quarter. Mesirow Financial Investment Management Equity Management now owns 48,890 shares of the company’s stock valued at $234,000 after buying an additional 6,970 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Sportsman’s Warehouse Holdings by 71.1% in the first quarter. Goldman Sachs Group Inc. now owns 23,956 shares of the company’s stock valued at $115,000 after buying an additional 9,952 shares during the last quarter. Institutional investors own 76.90% of the company’s stock.

Sportsman’s Warehouse Holdings, Inc. (NASDAQ SPWH) opened at 4.24 on Thursday. The company’s 50-day moving average price is $4.87 and its 200-day moving average price is $5.15. The firm has a market cap of $176.81 million, a price-to-earnings ratio of 7.30 and a beta of -0.85. Sportsman’s Warehouse Holdings, Inc. has a 52-week low of $3.86 and a 52-week high of $11.30.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last released its quarterly earnings data on Thursday, May 25th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.07) by $0.01. Sportsman’s Warehouse Holdings had a net margin of 3.16% and a return on equity of 127.68%. The company had revenue of $156.90 million during the quarter, compared to the consensus estimate of $153.06 million. The company’s quarterly revenue was up 3.5% on a year-over-year basis. Analysts predict that Sportsman’s Warehouse Holdings, Inc. will post $0.62 EPS for the current year.

ILLEGAL ACTIVITY WARNING: This piece of content was first reported by Ticker Report and is owned by of Ticker Report. If you are reading this piece of content on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The correct version of this piece of content can be read at https://www.tickerreport.com/banking-finance/2796393/weber-alan-w-boosts-stake-in-sportsmans-warehouse-holdings-inc-spwh.html.

Several research analysts have recently commented on the company. TheStreet upgraded Sportsman’s Warehouse Holdings from a “d+” rating to a “c-” rating in a research report on Tuesday, May 30th. Forward View upgraded Sportsman’s Warehouse Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, April 27th. ValuEngine lowered Sportsman’s Warehouse Holdings from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, DA Davidson reiterated a “buy” rating and issued a $8.00 target price on shares of Sportsman’s Warehouse Holdings in a research report on Saturday, June 3rd. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Sportsman’s Warehouse Holdings has an average rating of “Hold” and an average price target of $7.64.

In related news, Director Kay L. Toolson acquired 10,000 shares of the stock in a transaction dated Thursday, July 13th. The shares were bought at an average cost of $5.00 per share, for a total transaction of $50,000.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO John V. Schaefer sold 608,534 shares of the company’s stock in a transaction that occurred on Thursday, June 29th. The shares were sold at an average price of $5.45, for a total value of $3,316,510.30. The disclosure for this sale can be found here. Over the last quarter, insiders bought 23,700 shares of company stock worth $126,726 and sold 1,148,821 shares worth $6,213,192. Corporate insiders own 3.60% of the company’s stock.

Sportsman’s Warehouse Holdings Company Profile

Sportsman’s Warehouse Holdings, Inc is an outdoor sporting goods retailer. The Company has outdoor specialty store base in the Western United States and Alaska. The Company has over 70 stores across approximately 20 states, which are located in power, neighborhood and lifestyle centers. The Company also operates several single-unit, standalone locations.

Want to see what other hedge funds are holding SPWH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH).

Institutional Ownership by Quarter for Sportsman`s Warehouse Holdings (NASDAQ:SPWH)

Receive News & Ratings for Sportsman's Warehouse Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sportsman's Warehouse Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.