Proxima Capital Management LLC Has $270,000 Holdings in Sportsman’s Warehouse Holdings, Inc. (SPWH)

Proxima Capital Management LLC held its position in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 50,000 shares of the company’s stock at the end of the second quarter. Proxima Capital Management LLC owned 0.12% of Sportsman’s Warehouse Holdings worth $270,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in SPWH. Karp Capital Management Corp acquired a new position in Sportsman’s Warehouse Holdings in the first quarter worth $100,000. Marshall Wace North America L.P. bought a new stake in Sportsman’s Warehouse Holdings in the second quarter valued at $109,000. Nationwide Fund Advisors lifted its stake in Sportsman’s Warehouse Holdings by 35.8% in the second quarter. Nationwide Fund Advisors now owns 20,626 shares of the company’s stock valued at $111,000 after buying an additional 5,442 shares during the last quarter. Gotham Asset Management LLC bought a new stake in Sportsman’s Warehouse Holdings in the second quarter valued at $114,000. Finally, Goldman Sachs Group Inc. lifted its stake in Sportsman’s Warehouse Holdings by 71.1% in the first quarter. Goldman Sachs Group Inc. now owns 23,956 shares of the company’s stock valued at $115,000 after buying an additional 9,952 shares during the last quarter. 88.42% of the stock is owned by hedge funds and other institutional investors.

In other news, insider Jon Barker purchased 14,000 shares of the business’s stock in a transaction dated Wednesday, August 23rd. The shares were acquired at an average price of $4.13 per share, with a total value of $57,820.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 4.15% of the company’s stock.

A number of equities research analysts have issued reports on the company. Piper Jaffray Companies reiterated a “hold” rating and issued a $6.00 target price on shares of Sportsman’s Warehouse Holdings in a research note on Sunday, October 1st. Ifs Securities reiterated a “market perform” rating and issued a $5.00 target price on shares of Sportsman’s Warehouse Holdings in a research note on Friday, September 15th. Robert W. Baird reiterated a “buy” rating and issued a $7.00 target price on shares of Sportsman’s Warehouse Holdings in a research note on Thursday, September 21st. Forward View set a $4.00 target price on Sportsman’s Warehouse Holdings and gave the company a “hold” rating in a research note on Saturday, August 26th. Finally, ValuEngine cut shares of Sportsman’s Warehouse Holdings from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Sportsman’s Warehouse Holdings presently has an average rating of “Hold” and an average target price of $6.81.

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Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) traded down 0.23% during midday trading on Friday, hitting $4.29. 92,291 shares of the company were exchanged. The firm has a market cap of $178.89 million, a P/E ratio of 7.86 and a beta of -0.79. The company’s 50 day moving average price is $4.33 and its 200 day moving average price is $4.71. Sportsman’s Warehouse Holdings, Inc. has a one year low of $3.40 and a one year high of $10.81.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last issued its quarterly earnings results on Thursday, August 17th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.02. Sportsman’s Warehouse Holdings had a return on equity of 90.52% and a net margin of 2.94%. The business had revenue of $191.50 million for the quarter, compared to analyst estimates of $191.28 million. During the same quarter in the prior year, the firm posted $0.20 earnings per share. The firm’s revenue for the quarter was up .9% compared to the same quarter last year. Equities analysts expect that Sportsman’s Warehouse Holdings, Inc. will post $0.63 EPS for the current year.

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.

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

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