Big 5 Sporting Goods Corp. (NASDAQ:BGFV) major shareholder Stadium Capital Management Llc sold 297,667 shares of Big 5 Sporting Goods Corp. stock in a transaction on Thursday, November 10th. The stock was sold at an average price of $18.67, for a total transaction of $5,557,442.89. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Stadium Capital Management Llc also recently made the following trade(s):

  • On Monday, November 7th, Stadium Capital Management Llc sold 271,486 shares of Big 5 Sporting Goods Corp. stock. The stock was sold at an average price of $17.74, for a total transaction of $4,816,161.64.
  • On Friday, August 26th, Stadium Capital Management Llc sold 17,294 shares of Big 5 Sporting Goods Corp. stock. The stock was sold at an average price of $12.81, for a total transaction of $221,536.14.
  • On Monday, August 22nd, Stadium Capital Management Llc sold 39,188 shares of Big 5 Sporting Goods Corp. stock. The stock was sold at an average price of $13.05, for a total transaction of $511,403.40.
  • On Wednesday, August 17th, Stadium Capital Management Llc sold 38,716 shares of Big 5 Sporting Goods Corp. stock. The shares were sold at an average price of $13.01, for a total transaction of $503,695.16.
  • On Friday, August 12th, Stadium Capital Management Llc sold 20,412 shares of Big 5 Sporting Goods Corp. stock. The shares were sold at an average price of $13.05, for a total transaction of $266,376.60.

Big 5 Sporting Goods Corp. (NASDAQ:BGFV) opened at 19.55 on Tuesday. The stock has a market capitalization of $420.97 million, a P/E ratio of 31.53 and a beta of 0.13. The firm’s 50-day moving average is $16.20 and its 200-day moving average is $12.21. Big 5 Sporting Goods Corp. has a 12 month low of $8.15 and a 12 month high of $20.10.

Big 5 Sporting Goods Corp. (NASDAQ:BGFV) last issued its quarterly earnings results on Tuesday, November 1st. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.08. The company earned $279 million during the quarter, compared to the consensus estimate of $274.64 million. Big 5 Sporting Goods Corp. had a return on equity of 7.88% and a net margin of 1.31%. Big 5 Sporting Goods Corp.’s revenue was up 3.3% on a year-over-year basis. During the same period last year, the company earned $0.28 earnings per share. On average, equities analysts expect that Big 5 Sporting Goods Corp. will post $0.77 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Big 5 Sporting Goods Corp. (NASDAQ:BGFV)

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 15th. Investors of record on Thursday, December 1st will be given a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, November 29th. This is an increase from Big 5 Sporting Goods Corp.’s previous quarterly dividend of $0.13. This represents a $0.60 dividend on an annualized basis and a yield of 3.07%. Big 5 Sporting Goods Corp.’s dividend payout ratio (DPR) is currently 79.37%.

A number of brokerages have issued reports on BGFV. Zacks Investment Research raised shares of Big 5 Sporting Goods Corp. from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a research report on Friday, August 5th. Deutsche Bank AG boosted their price objective on shares of Big 5 Sporting Goods Corp. from $16.50 to $18.00 and gave the company a “buy” rating in a research report on Wednesday, November 2nd. Finally, Forward View raised shares of Big 5 Sporting Goods Corp. from a “sell” rating to a “buy” rating in a research report on Monday, November 7th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. Big 5 Sporting Goods Corp. presently has an average rating of “Buy” and an average price target of $15.83.

A number of hedge funds have recently modified their holdings of the company. FormulaFolio Investments LLC bought a new stake in shares of Big 5 Sporting Goods Corp. during the second quarter worth about $102,000. BlackRock Advisors LLC increased its stake in shares of Big 5 Sporting Goods Corp. by 10.6% in the third quarter. BlackRock Advisors LLC now owns 8,888 shares of the company’s stock worth $121,000 after buying an additional 853 shares in the last quarter. Acrospire Investment Management LLC bought a new stake in shares of Big 5 Sporting Goods Corp. during the third quarter worth about $121,000. First Midwest Bank Trust Division bought a new stake in shares of Big 5 Sporting Goods Corp. during the second quarter worth about $132,000. Finally, KCG Holdings Inc. bought a new stake in shares of Big 5 Sporting Goods Corp. during the third quarter worth about $148,000. Institutional investors own 77.92% of the company’s stock.

Big 5 Sporting Goods Corp. Company Profile

Big 5 Sporting Goods Corporation is a sporting goods retailer in the western United States. The Company offers a range of products in a sporting goods store format that averages approximately 11,000 square feet. The Company also offers products online through its e-commerce platform. The Company’s product mix includes athletic shoes, apparel and accessories, as well as a range of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports.

5 Day Chart for NASDAQ:BGFV

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