Crystal Rock Capital Management trimmed its position in shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) by 8.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 242,498 shares of the company’s stock after selling 23,600 shares during the quarter. Sportsman’s Warehouse Holdings accounts for approximately 0.8% of Crystal Rock Capital Management’s portfolio, making the stock its 27th largest holding. Crystal Rock Capital Management owned about 0.58% of Sportsman’s Warehouse Holdings worth $1,309,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Nationwide Fund Advisors increased its stake in shares of Sportsman’s Warehouse Holdings by 35.8% during the second quarter. Nationwide Fund Advisors now owns 20,626 shares of the company’s stock worth $111,000 after acquiring an additional 5,442 shares during the period. Karp Capital Management Corp acquired a new position in Sportsman’s Warehouse Holdings during the first quarter worth about $100,000. Marshall Wace North America L.P. acquired a new position in Sportsman’s Warehouse Holdings during the second quarter worth about $109,000. Goldman Sachs Group Inc. grew its position in Sportsman’s Warehouse Holdings by 71.1% during the first quarter. Goldman Sachs Group Inc. now owns 23,956 shares of the company’s stock worth $115,000 after buying an additional 9,952 shares during the period. Finally, California Public Employees Retirement System acquired a new position in Sportsman’s Warehouse Holdings during the first quarter worth about $122,000. Institutional investors and hedge funds own 88.42% of the company’s stock.

Sportsman’s Warehouse Holdings, Inc. (SPWH) traded down 2.49% during mid-day trading on Monday, hitting $4.31. 119,160 shares of the stock traded hands. The stock has a 50 day moving average price of $4.21 and a 200 day moving average price of $4.73. The firm has a market cap of $179.73 million, a PE ratio of 7.89 and a beta of -0.83. Sportsman’s Warehouse Holdings, Inc. has a 12-month low of $3.40 and a 12-month high of $11.16.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last announced its quarterly earnings data on Thursday, August 17th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.02. The company had revenue of $191.50 million for the quarter, compared to analysts’ expectations of $191.28 million. Sportsman’s Warehouse Holdings had a net margin of 2.94% and a return on equity of 90.52%. The business’s revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS. On average, analysts expect that Sportsman’s Warehouse Holdings, Inc. will post $0.63 earnings per share for the current fiscal year.

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In other news, CEO John V. Schaefer sold 608,534 shares of Sportsman’s Warehouse Holdings stock in a transaction that occurred 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Jon Barker acquired 14,000 shares of the stock in a transaction dated Wednesday, August 23rd. The stock was acquired 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. In 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. Insiders own 4.15% of the company’s stock.

Several brokerages have weighed in on SPWH. TheStreet upgraded shares of Sportsman’s Warehouse Holdings from a “d+” rating to a “c-” rating in a research report on Tuesday, May 30th. MKM Partners restated a “buy” rating and set a $7.00 target price on shares of Sportsman’s Warehouse Holdings in a research report on Wednesday, August 16th. DA Davidson restated a “buy” rating and set a $8.00 target price on shares of Sportsman’s Warehouse Holdings in a research report on Tuesday, August 15th. Piper Jaffray Companies set a $6.00 target price on shares of Sportsman’s Warehouse Holdings and gave the stock a “hold” rating in a research report on Sunday, August 20th. Finally, Ifs Securities began coverage on shares of Sportsman’s Warehouse Holdings in a research report on Friday. They set a “market perform” rating on the stock. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $7.21.

Sportsman’s Warehouse Holdings 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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