Karp Capital Management Corp bought a new position in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 20,876 shares of the company’s stock, valued at approximately $100,000. Karp Capital Management Corp owned about 0.05% of Sportsman’s Warehouse Holdings at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Mesirow Financial Investment Management Equity Management boosted its position in Sportsman’s Warehouse Holdings by 16.6% in the first quarter. Mesirow Financial Investment Management Equity Management now owns 48,890 shares of the company’s stock worth $234,000 after buying an additional 6,970 shares during the last quarter. Kirr Marbach & Co. LLC IN raised its stake in shares of Sportsman’s Warehouse Holdings by 65.9% in the first quarter. Kirr Marbach & Co. LLC IN now owns 40,100 shares of the company’s stock worth $192,000 after buying an additional 15,925 shares during the last quarter. Skylands Capital LLC raised its stake in shares of Sportsman’s Warehouse Holdings by 71.1% in the first quarter. Skylands Capital LLC now owns 344,400 shares of the company’s stock worth $1,646,000 after buying an additional 143,100 shares during the last quarter. Peregrine Capital Management LLC raised its stake in shares of Sportsman’s Warehouse Holdings by 3.2% in the first quarter. Peregrine Capital Management LLC now owns 1,222,121 shares of the company’s stock worth $5,720,000 after buying an additional 38,144 shares during the last quarter. Finally, Macquarie Group Ltd. raised its stake in shares of Sportsman’s Warehouse Holdings by 14.5% in the fourth quarter. Macquarie Group Ltd. now owns 103,889 shares of the company’s stock worth $976,000 after buying an additional 13,118 shares during the last quarter. Institutional investors own 76.90% of the company’s stock.

Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ SPWH) traded up 1.41% during trading on Monday, hitting $4.31. 455,973 shares of the company were exchanged. Sportsman’s Warehouse Holdings, Inc. has a 12 month low of $3.86 and a 12 month high of $11.30. The firm’s 50-day moving average price is $5.10 and its 200 day moving average price is $5.28. The firm has a market capitalization of $179.73 million, a PE ratio of 7.42 and a beta of -0.85.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last announced its quarterly earnings results on Thursday, May 25th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.07) by $0.01. The firm had revenue of $156.90 million for the quarter, compared to analyst estimates of $153.06 million. Sportsman’s Warehouse Holdings had a net margin of 3.16% and a return on equity of 127.68%. Sportsman’s Warehouse Holdings’s revenue for the quarter was up 3.5% on a year-over-year basis. On average, equities research analysts expect that Sportsman’s Warehouse Holdings, Inc. will post $0.63 earnings per share for the current fiscal year.

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Several equities research analysts recently commented on the stock. TheStreet raised shares of Sportsman’s Warehouse Holdings from a “d+” rating to a “c-” rating in a research note on Tuesday, May 30th. Forward View raised shares of Sportsman’s Warehouse Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, April 27th. Zacks Investment Research raised shares of Sportsman’s Warehouse Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, April 11th. ValuEngine cut shares of Sportsman’s Warehouse Holdings from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, DA Davidson reissued a “buy” rating and set a $8.00 price objective on shares of Sportsman’s Warehouse Holdings in a report on Saturday, June 3rd. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $7.64.

In related news, Director Kay L. Toolson acquired 10,000 shares of Sportsman’s Warehouse Holdings stock in a transaction that occurred on Monday, May 22nd. The shares were purchased at an average cost of $5.62 per share, for a total transaction of $56,200.00. Following the acquisition, the director now owns 77,916 shares in the company, valued at $437,887.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO John V. Schaefer sold 473,724 shares of the business’s stock in a transaction dated Monday, June 26th. The shares were sold at an average price of $5.37, for a total transaction of $2,543,897.88. The disclosure for this sale can be found here. Over the last 90 days, insiders purchased 23,700 shares of company stock worth $126,726 and sold 1,148,821 shares worth $6,213,192. 3.60% of the stock is currently owned by insiders.

About Sportsman’s Warehouse Holdings

Sportsman’s Warehouse Holdings, Inc is an outdoor sporting goods retailer. The Company has outdoor specialty store base in the Western United States and Alaska. The Company has over 70 stores across approximately 20 states, which are located in power, neighborhood and lifestyle centers. The Company also operates several single-unit, standalone locations.

Institutional Ownership by Quarter for Sportsman`s Warehouse Holdings (NASDAQ:SPWH)

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