Big 5 Sporting Goods Co. (NASDAQ:BGFV) Shares Sold by Rhumbline Advisers

Rhumbline Advisers lessened its stake in Big 5 Sporting Goods Co. (NASDAQ:BGFV) by 64.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,569 shares of the company’s stock after selling 20,814 shares during the period. Rhumbline Advisers owned 0.05% of Big 5 Sporting Goods worth $34,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Big 5 Sporting Goods by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 1,147,633 shares of the company’s stock valued at $4,040,000 after buying an additional 8,139 shares during the period. Gamco Investors INC. ET AL raised its holdings in Big 5 Sporting Goods by 27.5% during the first quarter. Gamco Investors INC. ET AL now owns 280,600 shares of the company’s stock worth $988,000 after purchasing an additional 60,600 shares in the last quarter. Kingsview Wealth Management LLC lifted its position in Big 5 Sporting Goods by 324.7% in the first quarter. Kingsview Wealth Management LLC now owns 138,874 shares of the company’s stock valued at $489,000 after purchasing an additional 106,175 shares during the period. Gabelli Funds LLC boosted its holdings in Big 5 Sporting Goods by 20.0% in the 1st quarter. Gabelli Funds LLC now owns 120,000 shares of the company’s stock valued at $422,000 after purchasing an additional 20,000 shares in the last quarter. Finally, Empowered Funds LLC increased its position in Big 5 Sporting Goods by 8.2% during the 1st quarter. Empowered Funds LLC now owns 101,615 shares of the company’s stock worth $358,000 after purchasing an additional 7,667 shares during the period. 41.98% of the stock is owned by hedge funds and other institutional investors.

Big 5 Sporting Goods Stock Down 2.4 %

Big 5 Sporting Goods stock opened at $2.04 on Wednesday. The stock’s 50 day moving average price is $1.98 and its 200 day moving average price is $2.78. Big 5 Sporting Goods Co. has a 1-year low of $1.45 and a 1-year high of $8.04. The company has a market cap of $46.15 million, a PE ratio of -2.83 and a beta of 2.31. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.44 and a quick ratio of 0.13.

Big 5 Sporting Goods (NASDAQ:BGFV) last issued its quarterly earnings data on Tuesday, July 30th. The company reported ($0.46) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.48) by $0.02. The firm had revenue of $199.82 million during the quarter. Big 5 Sporting Goods had a negative return on equity of 10.53% and a negative net margin of 3.05%.

Big 5 Sporting Goods Profile

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. Its products include athletic shoes, apparel, and accessories. The company also offers a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation.