Sportsman’s Warehouse Holdings, Inc. (SPWH) Shares Sold by Wells Fargo & Company MN

Wells Fargo & Company MN cut its position in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) by 88.3% during the first quarter, according to its most recent filing with the SEC. The fund owned 150,037 shares of the company’s stock after selling 1,127,300 shares during the period. Wells Fargo & Company MN owned about 0.36% of Sportsman’s Warehouse Holdings worth $717,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Trexquant Investment LP purchased a new position in Sportsman’s Warehouse Holdings during the fourth quarter valued at $132,000. Kirr Marbach & Co. LLC IN raised its position in shares of Sportsman’s Warehouse Holdings by 65.9% in the first quarter. Kirr Marbach & Co. LLC IN now owns 40,100 shares of the company’s stock valued at $192,000 after buying an additional 15,925 shares during the period. 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 period. A.R.T. Advisors LLC bought a new position in shares of Sportsman’s Warehouse Holdings during the fourth quarter valued at about $313,000. Finally, 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 period. 79.72% of the stock is currently owned by institutional investors and hedge funds.

Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ SPWH) traded down 1.18% during mid-day trading on Tuesday, reaching $5.01. 29,426 shares of the company’s stock were exchanged. Sportsman’s Warehouse Holdings, Inc. has a 1-year low of $3.86 and a 1-year high of $11.30. The company’s 50 day moving average is $5.47 and its 200 day moving average is $6.02. The stock has a market capitalization of $208.92 million, a PE ratio of 8.62 and a beta of -0.79.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last announced its earnings results 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 firm had revenue of $156.90 million during the quarter, compared to analyst estimates of $153.06 million. Sportsman’s Warehouse Holdings’s revenue for the quarter was up 3.5% on a year-over-year basis. Equities research analysts anticipate that Sportsman’s Warehouse Holdings, Inc. will post $0.64 EPS for the current fiscal year.

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Several research firms have issued reports on SPWH. Robert W. Baird set a $8.00 price target on shares of Sportsman’s Warehouse Holdings and gave the company a “buy” rating in a research report on Saturday, March 25th. Forward View downgraded shares of Sportsman’s Warehouse Holdings from a “hold” rating to a “sell” rating and set a $4.00 price target for the company. in a research note on Saturday, March 25th. TheStreet raised shares of Sportsman’s Warehouse Holdings from a “d+” rating to a “c-” rating in a research note on Tuesday, May 30th. DA Davidson reissued a “buy” rating and issued a $8.00 price target on shares of Sportsman’s Warehouse Holdings in a research note on Saturday, June 3rd. Finally, ValuEngine downgraded shares of Sportsman’s Warehouse Holdings from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $7.64.

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

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

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