Smith & Wesson Holding Corp. (NASDAQ:SWHC) Director Isabell Marie Wadecki sold 6,500 shares of Smith & Wesson Holding Corp. stock in a transaction dated Tuesday, November 8th. The shares were sold at an average price of $28.50, for a total value of $185,250.00. Following the transaction, the director now owns 35,686 shares of the company’s stock, valued at approximately $1,017,051. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Smith & Wesson Holding Corp. (NASDAQ:SWHC) opened at 21.98 on Friday. The stock’s 50 day moving average price is $26.09 and its 200 day moving average price is $26.21. The firm has a market capitalization of $1.24 billion, a PE ratio of 11.05 and a beta of 0.85. Smith & Wesson Holding Corp. has a one year low of $17.05 and a one year high of $31.19.

Smith & Wesson Holding Corp. (NASDAQ:SWHC) last announced its earnings results on Thursday, September 1st. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.09. Smith & Wesson Holding Corp. had a net margin of 14.34% and a return on equity of 42.17%. The business earned $207 million during the quarter. During the same period in the previous year, the company posted $0.32 earnings per share. Smith & Wesson Holding Corp.’s quarterly revenue was up 40.1% on a year-over-year basis. Analysts expect that Smith & Wesson Holding Corp. will post $2.48 EPS for the current year.

Insider Buying and Selling by Quarter for Smith & Wesson Holding Corp. (NASDAQ:SWHC)

A number of equities analysts have weighed in on the company. Wunderlich reiterated a “buy” rating and set a $34.00 price objective (up previously from $32.00) on shares of Smith & Wesson Holding Corp. in a research note on Friday, July 15th. Zacks Investment Research cut Smith & Wesson Holding Corp. from a “hold” rating to a “sell” rating in a research report on Wednesday. Vetr cut Smith & Wesson Holding Corp. from a “strong-buy” rating to a “buy” rating and set a $32.44 target price on the stock. in a research report on Thursday, September 1st. Cowen and Company restated an “outperform” rating and set a $34.00 target price on shares of Smith & Wesson Holding Corp. in a research report on Sunday, September 4th. Finally, Craig Hallum assumed coverage on Smith & Wesson Holding Corp. in a research report on Monday, September 5th. They set a “hold” rating on the stock. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $29.11.

A number of hedge funds and other institutional investors have recently bought and sold shares of SWHC. Prudential Financial Inc. boosted its position in Smith & Wesson Holding Corp. by 760.6% in the third quarter. Prudential Financial Inc. now owns 2,068,979 shares of the company’s stock valued at $55,014,000 after buying an additional 1,828,560 shares in the last quarter. Vanguard Group Inc. boosted its position in Smith & Wesson Holding Corp. by 23.3% in the second quarter. Vanguard Group Inc. now owns 6,565,220 shares of the company’s stock valued at $178,442,000 after buying an additional 1,240,795 shares in the last quarter. Point72 Asset Management L.P. boosted its position in Smith & Wesson Holding Corp. by 117.1% in the second quarter. Point72 Asset Management L.P. now owns 85,400 shares of the company’s stock valued at $2,321,000 after buying an additional 585,400 shares in the last quarter. Bank of Montreal Can purchased a new position in Smith & Wesson Holding Corp. during the second quarter valued at about $14,399,000. Finally, Capital Fund Management S.A. boosted its position in Smith & Wesson Holding Corp. by 493.3% in the second quarter. Capital Fund Management S.A. now owns 589,763 shares of the company’s stock valued at $16,030,000 after buying an additional 490,363 shares in the last quarter. 68.43% of the stock is owned by hedge funds and other institutional investors.

About Smith & Wesson Holding Corp.

Smith & Wesson Holding Corporation is a manufacturer of firearms and a provider of accessory products for the shooting, hunting and rugged outdoor enthusiast. The Company operates through two segments: firearms and accessories. The firearm segment includes firearms, handcuffs and other related products sold through a distribution chain and direct sales to consumers and international, state and federal governments.

5 Day Chart for NASDAQ:SWHC

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