Big 5 Sporting Goods Corp. (NASDAQ:BGFV) Director Sandra N. Bane sold 16,500 shares of Big 5 Sporting Goods Corp. stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $19.55, for a total value of $322,575.00. Following the completion of the sale, the director now directly owns 34,297 shares in the company, valued at $670,506.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Big 5 Sporting Goods Corp. (NASDAQ:BGFV) traded up 0.51% on Tuesday, hitting $19.70. The company’s stock had a trading volume of 833,534 shares. The firm has a market cap of $424.20 million, a price-to-earnings ratio of 31.77 and a beta of 0.13. The stock has a 50-day moving average price of $17.00 and a 200 day moving average price of $12.52. Big 5 Sporting Goods Corp. has a one year low of $8.15 and a one year high of $20.35.

Big 5 Sporting Goods Corp. (NASDAQ:BGFV) last posted its earnings results on Tuesday, November 1st. The company reported $0.38 earnings per share (EPS) for the quarter, topping the 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 business had revenue of $279 million for the quarter, compared to analyst estimates of $274.64 million. During the same period in the prior year, the company posted $0.28 EPS. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. Equities research analysts predict that Big 5 Sporting Goods Corp. will post $0.77 EPS for the current year.

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

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Thursday, December 1st will be paid a dividend of $0.15 per share. This is a positive change from Big 5 Sporting Goods Corp.’s previous quarterly dividend of $0.13. This represents a $0.60 annualized dividend and a dividend yield of 3.05%. The ex-dividend date of this dividend is Tuesday, November 29th. Big 5 Sporting Goods Corp.’s dividend payout ratio is presently 79.37%.

Several large investors have recently bought and sold shares of the company. Cornerstone Capital Management Holdings LLC. raised its stake in Big 5 Sporting Goods Corp. by 30.3% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 78,700 shares of the company’s stock valued at $1,071,000 after buying an additional 18,300 shares during the last quarter. Credit Suisse AG increased its position in Big 5 Sporting Goods Corp. by 4.6% in the third quarter. Credit Suisse AG now owns 24,968 shares of the company’s stock valued at $341,000 after buying an additional 1,095 shares during the period. D. E. Shaw & Co. Inc. increased its position in Big 5 Sporting Goods Corp. by 5.0% in the third quarter. D. E. Shaw & Co. Inc. now owns 244,841 shares of the company’s stock valued at $3,335,000 after buying an additional 11,623 shares during the period. The Manufacturers Life Insurance Company bought a new position in Big 5 Sporting Goods Corp. during the third quarter valued at $170,000. Finally, KCG Holdings Inc. bought a new position in Big 5 Sporting Goods Corp. during the third quarter valued at $148,000. 80.25% of the stock is currently owned by institutional investors and hedge funds.

Several research firms recently commented on BGFV. Forward View upgraded Big 5 Sporting Goods Corp. from a “sell” rating to a “buy” rating in a research report on Monday, November 7th. Deutsche Bank AG lifted their price target on Big 5 Sporting Goods Corp. from $9.00 to $10.00 and gave the stock a “hold” rating in a research report on Wednesday, August 3rd. Finally, Zacks Investment Research upgraded Big 5 Sporting Goods Corp. from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a research report on Friday, August 5th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $15.83.

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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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