BJs Wholesale Club Holdings Inc (NYSE:BJ) saw unusually large options trading on Monday. Investors acquired 509 put options on the stock. This is an increase of 809% compared to the typical daily volume of 56 put options.
BJ stock opened at $25.30 on Tuesday. BJs Wholesale Club has a 12-month low of $19.31 and a 12-month high of $32.92.
BJs Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Tuesday, November 20th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.04. The firm had revenue of $3.22 billion during the quarter, compared to analyst estimates of $3.16 billion. During the same quarter in the previous year, the firm posted $0.25 earnings per share. The company’s quarterly revenue was up 4.4% on a year-over-year basis. As a group, sell-side analysts anticipate that BJs Wholesale Club will post 0.95 EPS for the current year.
In other BJs Wholesale Club news, EVP Brian Poulliot sold 40,000 shares of the stock in a transaction dated Monday, January 28th. The stock was sold at an average price of $26.25, for a total transaction of $1,050,000.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Christopher J. Baldwin sold 48,622 shares of the stock in a transaction dated Friday, January 25th. The stock was sold at an average price of $26.00, for a total value of $1,264,172.00. The disclosure for this sale can be found here. Insiders have sold a total of 378,641 shares of company stock worth $9,528,154 over the last ninety days.
A number of hedge funds have recently bought and sold shares of BJ. FMR LLC purchased a new position in BJs Wholesale Club in the 2nd quarter worth approximately $200,102,000. LGT Capital Partners LTD. purchased a new position in BJs Wholesale Club in the 4th quarter worth approximately $831,000. Luminus Management LLC purchased a new position in BJs Wholesale Club in the 3rd quarter worth approximately $2,009,000. Pentwater Capital Management LP lifted its stake in BJs Wholesale Club by 64.1% in the 3rd quarter. Pentwater Capital Management LP now owns 105,000 shares of the company’s stock worth $2,812,000 after purchasing an additional 41,000 shares in the last quarter. Finally, Alpine Global Management LLC purchased a new position in BJs Wholesale Club in the 3rd quarter worth approximately $1,339,000. Institutional investors own 83.04% of the company’s stock.
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BJs Wholesale Club Company Profile
BJ's Wholesale Club Holdings, Inc operates as a warehouse club on the East Coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products. The company also sells electronics, computers, office supplies and equipment, home products, health and beauty aids, sporting goods, outdoor living, baby products, toys, and jewelry through Website.
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