15,608 Shares in MarineMax, Inc. $HZO Bought by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC bought a new stake in MarineMax, Inc. (NYSE:HZO) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,608 shares of the specialty retailer’s stock, valued at approximately $392,000. Campbell & CO Investment Adviser LLC owned 0.07% of MarineMax as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of HZO. Levin Capital Strategies L.P. lifted its stake in MarineMax by 44.5% in the second quarter. Levin Capital Strategies L.P. now owns 734,279 shares of the specialty retailer’s stock valued at $18,460,000 after buying an additional 225,992 shares during the period. Interval Partners LP increased its stake in shares of MarineMax by 181.2% in the 1st quarter. Interval Partners LP now owns 241,139 shares of the specialty retailer’s stock valued at $5,184,000 after acquiring an additional 155,382 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of MarineMax by 69.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 348,664 shares of the specialty retailer’s stock valued at $7,496,000 after acquiring an additional 142,775 shares during the period. Nuveen LLC acquired a new position in shares of MarineMax during the 1st quarter valued at $1,856,000. Finally, AlphaQuest LLC boosted its stake in MarineMax by 504.7% during the second quarter. AlphaQuest LLC now owns 20,548 shares of the specialty retailer’s stock worth $517,000 after acquiring an additional 17,150 shares in the last quarter. 92.85% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other MarineMax news, CEO W Brett Mcgill sold 60,000 shares of the company’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $27.53, for a total value of $1,651,800.00. Following the completion of the sale, the chief executive officer directly owned 173,038 shares of the company’s stock, valued at approximately $4,763,736.14. This represents a 25.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 4.00% of the company’s stock.

MarineMax Trading Up 3.1%

Shares of MarineMax stock opened at $23.25 on Monday. The company has a market capitalization of $499.08 million, a P/E ratio of -17.35 and a beta of 1.60. The stock has a fifty day simple moving average of $25.44 and a 200 day simple moving average of $24.78. MarineMax, Inc. has a 12-month low of $16.85 and a 12-month high of $35.46. The company has a current ratio of 1.21, a quick ratio of 0.29 and a debt-to-equity ratio of 0.38.

MarineMax (NYSE:HZO) last issued its quarterly earnings data on Thursday, November 13th. The specialty retailer reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.11. MarineMax had a positive return on equity of 2.63% and a negative net margin of 1.15%.The business had revenue of $552.15 million for the quarter, compared to analysts’ expectations of $533.05 million. During the same period last year, the business earned $0.24 EPS. The business’s revenue was down 1.9% on a year-over-year basis. MarineMax has set its FY 2026 guidance at 0.400-0.950 EPS. On average, sell-side analysts anticipate that MarineMax, Inc. will post 2.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Truist Financial upped their price objective on shares of MarineMax from $26.00 to $29.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. B. Riley reiterated a “buy” rating on shares of MarineMax in a report on Friday, July 25th. Weiss Ratings reissued a “sell (d)” rating on shares of MarineMax in a research note on Wednesday, October 8th. Wall Street Zen downgraded MarineMax from a “hold” rating to a “sell” rating in a report on Saturday, July 26th. Finally, Zacks Research cut MarineMax from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 22nd. Five investment analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $34.00.

MarineMax Profile

MarineMax, Inc operates as a recreational boat and yacht retailer and superyacht services company in the United States. It operates in two segments, Retail Operations and Product Manufacturing. The company sells new and used recreational boats, including pleasure and fishing boats, mega-yachts, yachts, sport cruisers, motor yachts, e-power yachts, pontoon boats, ski boats, jet boats, and other recreational boats.