Big 5 Sporting Goods Corp. (NASDAQ:BGFV) Director Nicholas Donatiello, Jr. sold 2,500 shares of Big 5 Sporting Goods Corp. stock in a transaction dated Monday, November 28th. The stock was sold at an average price of $19.63, for a total value of $49,075.00. Following the sale, the director now directly owns 8,665 shares in the company, valued at $170,093.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Big 5 Sporting Goods Corp. (NASDAQ:BGFV) opened at 19.10 on Wednesday. The company has a market cap of $411.28 million, a PE ratio of 30.81 and a beta of 0.13. Big 5 Sporting Goods Corp. has a 1-year low of $8.15 and a 1-year high of $20.35. The stock has a 50 day moving average of $17.66 and a 200-day moving average of $12.84.

Big 5 Sporting Goods Corp. (NASDAQ:BGFV) last issued its quarterly earnings data on Tuesday, November 1st. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.30 by $0.08. The company earned $279 million during the quarter, compared to analysts’ expectations of $274.64 million. Big 5 Sporting Goods Corp. had a net margin of 1.31% and a return on equity of 7.88%. Big 5 Sporting Goods Corp.’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.28 earnings per share. On average, equities research analysts predict that Big 5 Sporting Goods Corp. will post $0.77 earnings per share for the current 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. Shareholders of record on Thursday, December 1st will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date of this dividend is Tuesday, November 29th. This is a boost from Big 5 Sporting Goods Corp.’s previous quarterly dividend of $0.13. Big 5 Sporting Goods Corp.’s payout ratio is currently 79.37%.

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A number of institutional investors have recently added to or reduced their stakes in BGFV. Ameriprise Financial Inc. boosted its position in Big 5 Sporting Goods Corp. by 3.5% in the second quarter. Ameriprise Financial Inc. now owns 87,884 shares of the company’s stock worth $814,000 after buying an additional 3,007 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. boosted its position in Big 5 Sporting Goods Corp. by 47.5% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 51,605 shares of the company’s stock worth $478,000 after buying an additional 16,625 shares in the last quarter. FormulaFolio Investments LLC bought a new position in Big 5 Sporting Goods Corp. during the second quarter worth approximately $102,000. LSV Asset Management boosted its position in Big 5 Sporting Goods Corp. by 9.9% in the second quarter. LSV Asset Management now owns 1,009,930 shares of the company’s stock worth $9,362,000 after buying an additional 90,860 shares in the last quarter. Finally, Princeton Alpha Management LP bought a new position in Big 5 Sporting Goods Corp. during the second quarter worth approximately $149,000. 81.18% of the stock is owned by institutional investors and hedge funds.

BGFV has been the topic of a number of recent research reports. Deutsche Bank AG lifted their price objective on Big 5 Sporting Goods Corp. from $16.50 to $18.00 and gave the company a “buy” rating in a report on Wednesday, November 2nd. Zacks Investment Research raised 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. Finally, Forward View raised 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 assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $15.83.

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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