Crawford Lake Capital Management LLC lowered its stake in Canada Goose Holdings Inc. (NYSE:GOOS) by 71.5% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 67,500 shares of the company’s stock after selling 169,038 shares during the quarter. Crawford Lake Capital Management LLC owned approximately 0.19% of Canada Goose Holdings worth $1,333,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of the stock. Timpani Capital Management LLC purchased a new stake in Canada Goose Holdings in the 2nd quarter valued at approximately $1,322,000. Wells Fargo & Company MN lifted its stake in Canada Goose Holdings by 1,706.1% in the 2nd quarter. Wells Fargo & Company MN now owns 156,228 shares of the company’s stock valued at $3,085,000 after buying an additional 147,578 shares in the last quarter. Franklin Resources Inc. lifted its stake in Canada Goose Holdings by 1.4% in the 2nd quarter. Franklin Resources Inc. now owns 448,900 shares of the company’s stock valued at $8,872,000 after buying an additional 6,100 shares in the last quarter. Calamos Advisors LLC purchased a new stake in Canada Goose Holdings in the 2nd quarter valued at approximately $11,510,000. Finally, JPMorgan Chase & Co. purchased a new stake in Canada Goose Holdings in the 2nd quarter valued at approximately $486,000. 26.23% of the stock is currently owned by hedge funds and other institutional investors.

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A number of research analysts have weighed in on the company. Barclays PLC reissued an “overweight” rating and set a $19.00 price target on shares of Canada Goose Holdings in a research note on Tuesday, May 30th. Zacks Investment Research lowered Canada Goose Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, August 29th. Wells Fargo & Company reissued an “outperform” rating and set a $32.00 price target on shares of Canada Goose Holdings in a research note on Monday, June 5th. ValuEngine lowered Canada Goose Holdings from a “hold” rating to a “sell” rating in a research note on Saturday, June 3rd. Finally, Instinet reissued a “neutral” rating and set a $26.00 price target on shares of Canada Goose Holdings in a research note on Monday, August 14th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of C$26.73.

Canada Goose Holdings Inc. (NYSE:GOOS) traded up 2.62% during mid-day trading on Tuesday, hitting $19.59. The stock had a trading volume of 227,679 shares. The stock has a market cap of $2.10 billion and a PE ratio of 108.83. Canada Goose Holdings Inc. has a one year low of $15.20 and a one year high of $24.32. The firm’s 50-day moving average is $18.57 and its 200 day moving average is $18.25.

Canada Goose Holdings (NYSE:GOOS) last announced its earnings results on Thursday, August 10th. The company reported C($0.10) EPS for the quarter, topping the consensus estimate of C($0.15) by C$0.05. The firm had revenue of C$28.20 million during the quarter, compared to the consensus estimate of C$16.50 million. The company’s revenue was up 79.6% on a year-over-year basis. Equities research analysts expect that Canada Goose Holdings Inc. will post $0.45 EPS for the current year.

About Canada Goose Holdings

Canada Goose Holdings Inc designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies in Canada, the United States, and internationally. The company operates in two segments, Wholesale and Direct to Consumer. It offers parkas, jackets, shells, vests, knitwear, and accessories for fall, winter, and spring seasons.

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Institutional Ownership by Quarter for Canada Goose Holdings (NYSE:GOOS)

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