DICK’S Sporting Goods, Inc. (NYSE:DKS) CFO Sells $538,432.00 in Stock

DICK’S Sporting Goods, Inc. (NYSE:DKS) CFO Navdeep Gupta sold 4,700 shares of the firm’s stock in a transaction on Wednesday, January 12th. The shares were sold at an average price of $114.56, for a total value of $538,432.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Navdeep Gupta also recently made the following trade(s):

  • On Wednesday, December 29th, Navdeep Gupta sold 18,947 shares of DICK’S Sporting Goods stock. The shares were sold at an average price of $107.15, for a total value of $2,030,171.05.

DICK’S Sporting Goods stock traded down $2.19 during midday trading on Friday, reaching $111.61. The stock had a trading volume of 1,726,736 shares, compared to its average volume of 2,115,599. DICK’S Sporting Goods, Inc. has a 12 month low of $64.20 and a 12 month high of $147.39. The company has a market capitalization of $9.67 billion, a P/E ratio of 8.80, a PEG ratio of 0.65 and a beta of 1.71. The company has a fifty day moving average price of $117.25 and a two-hundred day moving average price of $117.32. The company has a current ratio of 1.52, a quick ratio of 0.58 and a debt-to-equity ratio of 0.17.

DICK’S Sporting Goods (NYSE:DKS) last issued its earnings results on Tuesday, November 23rd. The sporting goods retailer reported $3.19 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $1.22. DICK’S Sporting Goods had a return on equity of 54.06% and a net margin of 11.55%. The business had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.49 billion. During the same period in the previous year, the company posted $2.01 EPS. The firm’s revenue was up 13.9% compared to the same quarter last year. On average, equities research analysts predict that DICK’S Sporting Goods, Inc. will post 15.6 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 29th. Shareholders of record on Friday, December 10th were paid a dividend of $0.4375 per share. The ex-dividend date of this dividend was Thursday, December 9th. This represents a $1.75 dividend on an annualized basis and a yield of 1.57%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 13.53%.

DKS has been the topic of several recent research reports. Truist raised their price objective on DICK’S Sporting Goods from $161.00 to $168.00 and gave the company a “buy” rating in a report on Monday. Citigroup raised their target price on DICK’S Sporting Goods from $160.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, November 24th. Cowen raised their target price on DICK’S Sporting Goods from $179.00 to $180.00 and gave the stock an “outperform” rating in a research report on Friday, November 26th. Robert W. Baird raised their target price on DICK’S Sporting Goods from $135.00 to $140.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 23rd. Finally, Morgan Stanley reaffirmed a “buy” rating and set a $144.00 target price on shares of DICK’S Sporting Goods in a research report on Friday, November 26th. One analyst has rated the stock with a sell rating, nine have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, DICK’S Sporting Goods has an average rating of “Buy” and a consensus price target of $131.39.

A number of hedge funds have recently added to or reduced their stakes in DKS. FMR LLC boosted its stake in DICK’S Sporting Goods by 32.4% during the 1st quarter. FMR LLC now owns 1,431,090 shares of the sporting goods retailer’s stock valued at $52,679,000 after purchasing an additional 350,515 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its stake in DICK’S Sporting Goods by 45.0% during the 2nd quarter. O Shaughnessy Asset Management LLC now owns 931 shares of the sporting goods retailer’s stock valued at $93,000 after purchasing an additional 289 shares during the last quarter. Rafferty Asset Management LLC boosted its stake in DICK’S Sporting Goods by 5.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 10,103 shares of the sporting goods retailer’s stock valued at $1,012,000 after purchasing an additional 482 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in DICK’S Sporting Goods by 418.5% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 36,492 shares of the sporting goods retailer’s stock valued at $3,656,000 after purchasing an additional 29,454 shares during the last quarter. Finally, Citigroup Inc. boosted its stake in DICK’S Sporting Goods by 12.3% during the 2nd quarter. Citigroup Inc. now owns 105,015 shares of the sporting goods retailer’s stock valued at $10,522,000 after purchasing an additional 11,487 shares during the last quarter. Institutional investors and hedge funds own 86.67% of the company’s stock.

DICK’S Sporting Goods Company Profile

Dick’s Sporting Goods, Inc engages in the retail of extensive assortment of authentic sports equipment, apparel, footwear, and accessories through a blend of associates, in-store services, and unique specialty shop-in-shops. The company was founded by Richard T. Stack in 1948 and is headquartered in Coraopolis, PA.

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Insider Buying and Selling by Quarter for DICK'S Sporting Goods (NYSE:DKS)

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