Big 5 Sporting Goods Corp. (NASDAQ:BGFV) VP Boyd O. Clark sold 1,871 shares of the company’s stock in a transaction on Friday, November 11th. The shares were sold at an average price of $19.04, for a total transaction of $35,623.84. Following the completion of the transaction, the vice president now owns 42,992 shares of the company’s stock, valued at approximately $818,567.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of Big 5 Sporting Goods Corp. (NASDAQ:BGFV) opened at 19.20 on Wednesday. Big 5 Sporting Goods Corp. has a 52 week low of $8.15 and a 52 week high of $20.10. The stock’s 50 day moving average is $16.34 and its 200 day moving average is $12.26. The firm has a market cap of $413.43 million, a P/E ratio of 30.97 and a beta of 0.13.

Big 5 Sporting Goods Corp. (NASDAQ:BGFV) last released its quarterly earnings results on Tuesday, November 1st. The company reported $0.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.30 by $0.08. Big 5 Sporting Goods Corp. had a net margin of 1.31% and a return on equity of 7.88%. The firm had revenue of $279 million for the quarter, compared to the consensus estimate of $274.64 million. During the same quarter in the previous year, the firm posted $0.28 EPS. The firm’s quarterly revenue was up 3.3% on a year-over-year basis. On average, equities research analysts predict 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 announced a quarterly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Thursday, December 1st will be given a $0.15 dividend. The ex-dividend date is Tuesday, November 29th. This represents a $0.60 annualized dividend and a dividend yield of 3.13%. This is an increase from Big 5 Sporting Goods Corp.’s previous quarterly dividend of $0.13. Big 5 Sporting Goods Corp.’s payout ratio is presently 79.37%.

Several research firms have issued reports on BGFV. Forward View upgraded shares of Big 5 Sporting Goods Corp. from a “sell” rating to a “buy” rating in a research note on Monday, November 7th. Deutsche Bank AG upped 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 note on Wednesday, November 2nd. Finally, Zacks Investment Research upgraded shares of Big 5 Sporting Goods Corp. from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a research note on Friday, October 7th. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Big 5 Sporting Goods Corp. has a consensus rating of “Buy” and an average price target of $15.83.

Several large investors have recently added to or reduced their stakes in the company. Prudential Financial Inc. increased its stake in Big 5 Sporting Goods Corp. by 4.2% in the first quarter. Prudential Financial Inc. now owns 44,169 shares of the company’s stock valued at $491,000 after buying an additional 1,800 shares during the last quarter. Hancock Holding Co. bought a new stake in Big 5 Sporting Goods Corp. during the first quarter valued at $601,000. Jacobs Levy Equity Management Inc. increased its stake in Big 5 Sporting Goods Corp. by 115.8% in the first quarter. Jacobs Levy Equity Management Inc. now owns 39,500 shares of the company’s stock valued at $439,000 after buying an additional 21,200 shares during the last quarter. Foundry Partners LLC bought a new stake in Big 5 Sporting Goods Corp. during the second quarter valued at $1,204,000. Finally, Strs Ohio increased its stake in Big 5 Sporting Goods Corp. by 28.3% in the second quarter. Strs Ohio now owns 67,600 shares of the company’s stock valued at $626,000 after buying an additional 14,900 shares during the last quarter. 77.92% of the stock is owned by institutional investors.

About Big 5 Sporting Goods Corp.

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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