Insider Selling: Big 5 Sporting Goods Co. (NASDAQ:BGFV) VP Sells $47,250.00 in Stock

Big 5 Sporting Goods Co. (NASDAQ:BGFV – Get Rating) VP Shane O. Starr sold 5,250 shares of the company’s stock in a transaction on Wednesday, March 8th. The shares were sold at an average price of $9.00, for a total transaction of $47,250.00. Following the completion of the transaction, the vice president now owns 14,950 shares of the company’s stock, valued at $134,550. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Big 5 Sporting Goods Price Performance

Shares of BGFV stock opened at $8.08 on Monday. The company has a market capitalization of $179.21 million, a PE ratio of 6.79 and a beta of 2.71. The firm has a fifty day simple moving average of $9.54 and a 200-day simple moving average of $10.84. The company has a current ratio of 1.69, a quick ratio of 0.26 and a debt-to-equity ratio of 0.03. Big 5 Sporting Goods Co. has a twelve month low of $8.06 and a twelve month high of $19.60.

Big 5 Sporting Goods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 24th. Stockholders of record on Friday, March 10th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Thursday, March 9th. This represents a $1.00 annualized dividend and a dividend yield of 12.38%. Big 5 Sporting Goods’s dividend payout ratio (DPR) is presently 84.03%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BGFV shares. StockNews.com downgraded shares of Big 5 Sporting Goods from a “buy” rating to a “hold” rating in a research note on Thursday, January 26th. TheStreet downgraded shares of Big 5 Sporting Goods from a “b-” rating to a “c” rating in a research note on Wednesday, March 1st.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BGFV. Great West Life Assurance Co. Can raised its holdings in shares of Big 5 Sporting Goods by 182.8% during the first quarter. Great West Life Assurance Co. Can now owns 1,459 shares of the company’s stock worth $26,000 after purchasing an additional 943 shares during the period. Russell Investments Group Ltd. acquired a new position in Big 5 Sporting Goods during the 3rd quarter valued at about $26,000. Covestor Ltd bought a new position in shares of Big 5 Sporting Goods during the 1st quarter valued at about $65,000. Barclays PLC boosted its position in shares of Big 5 Sporting Goods by 881.2% during the 4th quarter. Barclays PLC now owns 8,939 shares of the company’s stock valued at $79,000 after purchasing an additional 8,028 shares in the last quarter. Finally, BNP Paribas Arbitrage SNC boosted its position in shares of Big 5 Sporting Goods by 20.7% during the 3rd quarter. BNP Paribas Arbitrage SNC now owns 9,893 shares of the company’s stock valued at $106,000 after purchasing an additional 1,699 shares in the last quarter. 45.98% of the stock is currently owned by institutional investors.

Big 5 Sporting Goods Company Profile

(Get Rating)

Big 5 Sporting Goods Corp. operates as a holding company. The firm engages in the retail of sporting goods. Its products include athletic shoes, apparel and accessories, as well as outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports.