Credit Suisse AG increased its stake in shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) by 25.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,971 shares of the company’s stock after purchasing an additional 6,897 shares during the quarter. Credit Suisse AG owned about 0.08% of Sportsman’s Warehouse Holdings worth $162,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tudor Investment Corp ET AL lifted its holdings in Sportsman’s Warehouse Holdings by 152.8% in the first quarter. Tudor Investment Corp ET AL now owns 42,225 shares of the company’s stock valued at $202,000 after buying an additional 25,519 shares during the period. Proxima Capital Management LLC acquired a new position in Sportsman’s Warehouse Holdings in the first quarter valued at approximately $239,000. Schwab Charles Investment Management Inc. lifted its holdings in Sportsman’s Warehouse Holdings by 6.2% in the first quarter. Schwab Charles Investment Management Inc. now owns 105,244 shares of the company’s stock valued at $504,000 after buying an additional 6,156 shares during the period. Renaissance Technologies LLC lifted its holdings in Sportsman’s Warehouse Holdings by 12.8% in the first quarter. Renaissance Technologies LLC now owns 299,463 shares of the company’s stock valued at $1,431,000 after buying an additional 33,889 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Sportsman’s Warehouse Holdings by 11.4% in the first quarter. Dimensional Fund Advisors LP now owns 619,942 shares of the company’s stock valued at $2,963,000 after buying an additional 63,400 shares during the period. 88.42% of the stock is currently owned by institutional investors and hedge funds.

Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ SPWH) traded down 2.99% during trading on Friday, reaching $4.22. 989,701 shares of the company traded hands. Sportsman’s Warehouse Holdings, Inc. has a 12-month low of $3.40 and a 12-month high of $11.16. The firm has a market capitalization of $175.97 million, a price-to-earnings ratio of 7.73 and a beta of -0.83. The company has a 50 day moving average price of $4.20 and a 200 day moving average price of $4.76.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last posted its quarterly earnings data on Thursday, August 17th. The company reported $0.15 EPS for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.02. Sportsman’s Warehouse Holdings had a net margin of 2.94% and a return on equity of 90.52%. The company had revenue of $191.50 million for the quarter, compared to analyst estimates of $191.28 million. During the same period in the prior year, the firm posted $0.20 EPS. The company’s quarterly revenue was up .9% on a year-over-year basis. On average, equities analysts predict that Sportsman’s Warehouse Holdings, Inc. will post $0.63 EPS for the current year.

In other news, CEO John V. Schaefer sold 608,534 shares of the company’s stock in a transaction on Thursday, June 29th. The shares were sold at an average price of $5.45, for a total value of $3,316,510.30. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Jon Barker acquired 14,000 shares of Sportsman’s Warehouse Holdings stock in a transaction dated Wednesday, August 23rd. The stock was purchased at an average cost of $4.13 per share, for a total transaction of $57,820.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 25,700 shares of company stock worth $116,626 and sold 1,148,821 shares worth $6,213,192. Corporate insiders own 4.15% of the company’s stock.

Several equities analysts recently weighed in on the stock. MKM Partners restated a “buy” rating and issued a $7.00 price objective on shares of Sportsman’s Warehouse Holdings in a report on Wednesday, August 16th. Forward View set a $4.00 price objective on shares of Sportsman’s Warehouse Holdings and gave the company a “hold” rating in a report on Saturday, August 26th. ValuEngine lowered shares of Sportsman’s Warehouse Holdings from a “buy” rating to a “hold” rating in a report on Friday, September 1st. DA Davidson restated a “buy” rating and issued a $8.00 price objective on shares of Sportsman’s Warehouse Holdings in a report on Tuesday, August 15th. Finally, TheStreet upgraded shares of Sportsman’s Warehouse Holdings from a “d+” rating to a “c-” rating in a report on Tuesday, May 30th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $7.21.

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Sportsman’s Warehouse Holdings Company Profile

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.

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

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