Dimensional Fund Advisors LP Sells 221,471 Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH)

Dimensional Fund Advisors LP decreased its holdings in shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) by 15.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 1,200,811 shares of the company’s stock after selling 221,471 shares during the period. Dimensional Fund Advisors LP owned approximately 3.18% of Sportsman’s Warehouse worth $2,894,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Sportsman’s Warehouse by 1.8% in the 1st quarter. Vanguard Group Inc. now owns 1,926,372 shares of the company’s stock valued at $5,991,000 after buying an additional 33,976 shares during the last quarter. Gabelli Funds LLC increased its holdings in shares of Sportsman’s Warehouse by 2.5% during the first quarter. Gabelli Funds LLC now owns 1,257,829 shares of the company’s stock worth $3,912,000 after buying an additional 31,000 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. increased its holdings in Sportsman’s Warehouse by 19.5% in the 1st quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 744,738 shares of the company’s stock worth $2,316,000 after purchasing an additional 121,731 shares in the last quarter. GSA Capital Partners LLP bought a new position in Sportsman’s Warehouse in the 4th quarter valued at approximately $2,488,000. Finally, Gamco Investors INC. ET AL lifted its holdings in shares of Sportsman’s Warehouse by 3.0% during the first quarter. Gamco Investors INC. ET AL now owns 517,325 shares of the company’s stock worth $1,609,000 after purchasing an additional 15,200 shares during the period. Institutional investors own 83.04% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on SPWH shares. Roth Mkm dropped their price objective on Sportsman’s Warehouse from $5.00 to $3.50 and set a “buy” rating on the stock in a research note on Tuesday, September 10th. B. Riley dropped their price target on shares of Sportsman’s Warehouse from $4.00 to $2.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 4th. Lake Street Capital cut their price objective on Sportsman’s Warehouse from $5.00 to $3.00 and set a “buy” rating on the stock in a research report on Wednesday, September 4th. Craig Hallum decreased their price target on shares of Sportsman’s Warehouse from $4.00 to $3.00 and set a “hold” rating for the company in a research note on Wednesday, September 4th. Finally, Robert W. Baird dropped their price objective on shares of Sportsman’s Warehouse from $4.00 to $2.50 and set a “neutral” rating on the stock in a report on Wednesday, September 4th. One analyst has rated the stock with a sell rating, three have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $2.80.

Insider Activity

In other Sportsman’s Warehouse news, CEO Paul Stone acquired 39,920 shares of the stock in a transaction on Monday, September 9th. The stock was acquired at an average price of $2.54 per share, for a total transaction of $101,396.80. Following the completion of the transaction, the chief executive officer now directly owns 904,157 shares of the company’s stock, valued at $2,296,558.78. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Sportsman’s Warehouse news, Director Richard D. Mcbee acquired 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The shares were bought at an average cost of $2.55 per share, with a total value of $51,000.00. Following the completion of the acquisition, the director now directly owns 205,608 shares in the company, valued at $524,300.40. This represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Paul Stone purchased 39,920 shares of the firm’s stock in a transaction on Monday, September 9th. The shares were purchased at an average cost of $2.54 per share, with a total value of $101,396.80. Following the completion of the transaction, the chief executive officer now owns 904,157 shares of the company’s stock, valued at approximately $2,296,558.78. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.80% of the company’s stock.

Sportsman’s Warehouse Price Performance

Shares of NASDAQ:SPWH opened at $2.87 on Friday. The business has a fifty day moving average price of $2.44 and a 200-day moving average price of $2.78. The company has a market capitalization of $108.63 million, a PE ratio of -3.42 and a beta of 0.67. Sportsman’s Warehouse Holdings, Inc. has a 1-year low of $1.81 and a 1-year high of $5.55. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.22 and a quick ratio of 0.07.

Sportsman’s Warehouse (NASDAQ:SPWH) last released its quarterly earnings results on Tuesday, September 3rd. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.05). Sportsman’s Warehouse had a negative return on equity of 12.00% and a negative net margin of 2.74%. The firm had revenue of $288.73 million during the quarter, compared to analysts’ expectations of $284.00 million. As a group, equities analysts expect that Sportsman’s Warehouse Holdings, Inc. will post -0.74 EPS for the current fiscal year.

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.