Wells Fargo & Co. initiated coverage on shares of Golfsmith International Holdings, Inc. (NASDAQ:GOLF) in a research report report published on Tuesday. The brokerage issued a market perform rating on the stock.

GOLF has been the topic of several other research reports. Jefferies Group reaffirmed a buy rating and set a $25.00 target price on shares of Golfsmith International Holdings in a report on Wednesday. Nomura assumed coverage on shares of Golfsmith International Holdings in a report on Tuesday. They set a buy rating and a $22.00 target price on the stock. JPMorgan Chase & Co. assumed coverage on shares of Golfsmith International Holdings in a report on Tuesday. They set a neutral rating on the stock. SunTrust Banks Inc. assumed coverage on shares of Golfsmith International Holdings in a report on Tuesday. They set a buy rating on the stock. Finally, Raymond James Financial Inc. started coverage on shares of Golfsmith International Holdings in a report on Tuesday. They set an outperform rating on the stock. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of $22.00.

Shares of Golfsmith International Holdings (NASDAQ:GOLF) opened at 20.25 on Tuesday. The stock’s 50 day moving average is $18.40 and its 200 day moving average is $18.40. The company’s market capitalization is $441.88 million. Golfsmith International Holdings has a 52-week low of $16.90 and a 52-week high of $20.50.

In related news, major shareholder Wb Atlas Llc sold 4,029,099 shares of Golfsmith International Holdings stock in a transaction dated Wednesday, November 2nd. The shares were sold at an average price of $17.00, for a total transaction of $68,494,683.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Walter R. Uihlein purchased 70,000 shares of the stock in a transaction that occurred on Wednesday, November 2nd. The shares were acquired at an average cost of $17.00 per share, with a total value of $1,190,000.00. Following the completion of the transaction, the chief executive officer now owns 702,196 shares in the company, valued at $11,937,332. The disclosure for this purchase can be found here.

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About Golfsmith International Holdings

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