Big 5 Sporting Goods Corp. (NASDAQ:BGFV) VP Michael P. Marrone sold 6,000 shares of Big 5 Sporting Goods Corp. stock in a transaction on Monday, November 14th. The shares were sold at an average price of $19.82, for a total transaction of $118,920.00. Following the completion of the sale, the vice president now directly owns 12,425 shares of the company’s stock, valued at approximately $246,263.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Big 5 Sporting Goods Corp. (NASDAQ:BGFV) opened at 20.00 on Friday. The company has a 50 day moving average of $16.67 and a 200-day moving average of $12.37. Big 5 Sporting Goods Corp. has a one year low of $8.15 and a one year high of $20.10. The stock has a market capitalization of $430.66 million, a P/E ratio of 32.26 and a beta of 0.13.

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, beating analysts’ consensus estimates 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 company earned $279 million during the quarter, compared to analysts’ expectations of $274.64 million. During the same period last year, the company posted $0.28 EPS. Big 5 Sporting Goods Corp.’s revenue was up 3.3% on a year-over-year basis. 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 firm 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 dividend of $0.15 per share. This is a boost 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 3.00%. The ex-dividend date is Tuesday, November 29th. Big 5 Sporting Goods Corp.’s dividend payout ratio (DPR) is 79.37%.

A number of equities analysts have issued reports on the stock. 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 report on Friday, August 5th. Deutsche Bank AG lifted their price objective on shares of Big 5 Sporting Goods Corp. from $16.50 to $18.00 and gave the stock a “buy” rating in a 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 report on Monday, November 7th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Big 5 Sporting Goods Corp. presently has a consensus rating of “Buy” and a consensus price target of $15.83.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Morgan Stanley boosted its position in shares of Big 5 Sporting Goods Corp. by 461.8% in the third quarter. Morgan Stanley now owns 450,328 shares of the company’s stock worth $6,133,000 after buying an additional 370,165 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Big 5 Sporting Goods Corp. by 12.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,854,936 shares of the company’s stock valued at $17,195,000 after buying an additional 203,345 shares during the period. Foundry Partners LLC purchased a new position in shares of Big 5 Sporting Goods Corp. during the second quarter valued at about $1,204,000. AQR Capital Management LLC boosted its position in shares of Big 5 Sporting Goods Corp. by 86.1% in the second quarter. AQR Capital Management LLC now owns 226,071 shares of the company’s stock valued at $2,096,000 after buying an additional 104,577 shares during the period. Finally, Chicago Equity Partners LLC purchased a new position in shares of Big 5 Sporting Goods Corp. during the third quarter valued at about $1,423,000. 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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