5,493 Shares in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) Purchased by Point72 Hong Kong Ltd

Point72 Hong Kong Ltd acquired a new position in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH – Get Rating) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,493 shares of the company’s stock, valued at approximately $46,000.

Several other large investors also recently added to or reduced their stakes in SPWH. Great West Life Assurance Co. Can purchased a new stake in Sportsman’s Warehouse in the 3rd quarter worth about $25,000. US Bancorp DE grew its holdings in Sportsman’s Warehouse by 4,570.1% during the 3rd quarter. US Bancorp DE now owns 4,063 shares of the company’s stock valued at $34,000 after buying an additional 3,976 shares in the last quarter. UBS Group AG grew its holdings in Sportsman’s Warehouse by 145.2% during the 2nd quarter. UBS Group AG now owns 4,414 shares of the company’s stock valued at $42,000 after buying an additional 2,614 shares in the last quarter. SeaCrest Wealth Management LLC purchased a new position in Sportsman’s Warehouse during the 2nd quarter valued at about $48,000. Finally, Ancora Advisors LLC purchased a new position in Sportsman’s Warehouse during the 1st quarter valued at about $52,000.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Robert W. Baird lifted their target price on Sportsman’s Warehouse to $10.00 in a report on Monday, December 12th. Craig Hallum reduced their target price on Sportsman’s Warehouse to $13.00 in a report on Monday, December 12th.

Insider Buying and Selling

In related news, CEO Jon Barker sold 14,167 shares of the business’s stock in a transaction that occurred on Thursday, December 15th. The stock was sold at an average price of $9.40, for a total value of $133,169.80. Following the completion of the sale, the chief executive officer now owns 643,315 shares in the company, valued at approximately $6,047,161. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.80% of the stock is currently owned by corporate insiders.

Sportsman’s Warehouse Trading Down 0.2 %

Shares of SPWH opened at $8.98 on Monday. The company has a market cap of $338.55 million, a PE ratio of 4.40 and a beta of 0.91. The stock has a 50-day moving average price of $9.49 and a 200-day moving average price of $9.24. Sportsman’s Warehouse Holdings, Inc. has a 12-month low of $7.75 and a 12-month high of $12.28.

Sportsman’s Warehouse (NASDAQ:SPWH – Get Rating) last issued its quarterly earnings results on Wednesday, December 7th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.05. The firm had revenue of $359.72 million during the quarter, compared to the consensus estimate of $356.19 million. Sportsman’s Warehouse had a return on equity of 17.56% and a net margin of 6.12%. As a group, analysts predict that Sportsman’s Warehouse Holdings, Inc. will post 0.99 earnings per share for the current year.

Sportsman’s Warehouse Company Profile

(Get Rating)

Sportsman’s Warehouse Holdings, Inc is an outdoor specialty retailer. The firm engages in the retail of sporting and athletic goods through its wholly owned subsidiaries, Sportsman’s Warehouse, Inc and Minnesota Merchandising Corp. Its products include hunting and shooting, archery, fishing, camping, boating accessories, optics and electronics, knives and tools, and footwear.