Camping World Holdings Inc (NYSE:CWH) CEO Acquires $50,053.12 in Stock

Camping World Holdings Inc (NYSE:CWH) CEO Marcus Lemonis bought 2,444 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was purchased at an average price of $20.48 per share, for a total transaction of $50,053.12. Following the completion of the acquisition, the chief executive officer now directly owns 409,948 shares in the company, valued at $8,395,735.04. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.

Marcus Lemonis also recently made the following trade(s):

  • On Thursday, March 12th, Marcus Lemonis bought 100,000 shares of Camping World stock. The stock was purchased at an average price of $6.33 per share, for a total transaction of $633,000.00.
  • On Thursday, March 5th, Marcus Lemonis bought 50,000 shares of Camping World stock. The stock was purchased at an average price of $10.74 per share, for a total transaction of $537,000.00.

Shares of CWH stock opened at $20.82 on Friday. The firm’s 50 day moving average price is $11.63 and its 200-day moving average price is $12.30. Camping World Holdings Inc has a one year low of $3.40 and a one year high of $23.73. The firm has a market cap of $1.91 billion, a P/E ratio of -14.16 and a beta of 3.53.

Camping World (NYSE:CWH) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.05. Camping World had a negative net margin of 1.02% and a negative return on equity of 14,187.62%. The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $976.54 million. During the same period in the prior year, the business posted ($0.67) EPS. The business’s revenue for the quarter was down 3.5% compared to the same quarter last year. Analysts forecast that Camping World Holdings Inc will post 0.14 EPS for the current fiscal year.

The firm also recently announced a None dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.153 per share. This represents a yield of 1.8%. The ex-dividend date of this dividend is Friday, June 12th. Camping World’s payout ratio is currently -49.23%.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Ellington Management Group LLC purchased a new stake in Camping World during the 4th quarter worth approximately $305,000. State Street Corp increased its stake in Camping World by 4.3% during the 4th quarter. State Street Corp now owns 666,496 shares of the company’s stock worth $9,824,000 after buying an additional 27,399 shares during the period. SG Americas Securities LLC increased its stake in Camping World by 10.6% during the 4th quarter. SG Americas Securities LLC now owns 89,710 shares of the company’s stock worth $1,322,000 after buying an additional 8,576 shares during the period. Goldman Sachs Group Inc. increased its stake in Camping World by 22.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 85,355 shares of the company’s stock worth $1,258,000 after buying an additional 15,524 shares during the period. Finally, Nuveen Asset Management LLC increased its stake in Camping World by 131.8% during the 4th quarter. Nuveen Asset Management LLC now owns 412,368 shares of the company’s stock worth $6,078,000 after buying an additional 234,505 shares during the period. 38.53% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have weighed in on CWH. Northcoast Research lowered shares of Camping World from a “buy” rating to a “neutral” rating in a report on Wednesday, April 8th. ValuEngine lowered shares of Camping World from a “buy” rating to a “hold” rating in a report on Thursday, May 21st. Monness Crespi & Hardt boosted their target price on shares of Camping World from $14.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, February 26th. Robert W. Baird decreased their target price on shares of Camping World from $10.00 to $6.00 and set a “neutral” rating on the stock in a report on Monday, March 23rd. Finally, BMO Capital Markets boosted their target price on shares of Camping World from $8.50 to $13.00 and gave the company a “market perform” rating in a report on Tuesday, May 12th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. Camping World currently has a consensus rating of “Hold” and an average target price of $13.00.

Camping World Company Profile

Camping World Holdings, Inc, through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.

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