XTX Topco Ltd Makes New Investment in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH)

XTX Topco Ltd bought a new position in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) in the third quarter, according to its most recent disclosure with the SEC. The firm bought 39,474 shares of the company’s stock, valued at approximately $107,000. XTX Topco Ltd owned about 0.10% of Sportsman’s Warehouse as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Ground Swell Capital LLC purchased a new stake in shares of Sportsman’s Warehouse in the third quarter valued at about $28,000. Point72 DIFC Ltd purchased a new stake in shares of Sportsman’s Warehouse in the 2nd quarter valued at approximately $40,000. Abacus Planning Group Inc. acquired a new stake in shares of Sportsman’s Warehouse during the 3rd quarter worth approximately $55,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Sportsman’s Warehouse during the 2nd quarter worth approximately $146,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Sportsman’s Warehouse during the 3rd quarter valued at approximately $168,000. Hedge funds and other institutional investors own 83.04% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on SPWH. B. Riley raised Sportsman’s Warehouse from a “neutral” rating to a “buy” rating and raised their target price for the stock from $2.00 to $4.00 in a research note on Wednesday, December 11th. Craig Hallum cut their price objective on Sportsman’s Warehouse from $4.00 to $3.00 and set a “hold” rating for the company in a research report on Wednesday, September 4th. Robert W. Baird decreased their target price on shares of Sportsman’s Warehouse from $4.00 to $2.50 and set a “neutral” rating on the stock in a research report on Wednesday, September 4th. Lake Street Capital dropped their price target on shares of Sportsman’s Warehouse from $5.00 to $3.00 and set a “buy” rating for the company in a research report on Wednesday, September 4th. Finally, StockNews.com upgraded shares of Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a report on Saturday, November 30th. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $3.20.

Sportsman’s Warehouse Trading Down 5.0 %

NASDAQ SPWH opened at $2.29 on Friday. Sportsman’s Warehouse Holdings, Inc. has a one year low of $1.81 and a one year high of $4.62. The firm has a 50 day simple moving average of $2.44 and a 200-day simple moving average of $2.46. The firm has a market cap of $86.92 million, a price-to-earnings ratio of -2.60 and a beta of 0.59. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.07 and a current ratio of 1.20.

Sportsman’s Warehouse Profile

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and apparel products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.