Dynamic Technology Lab Private Ltd Invests $155,000 in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH)

Dynamic Technology Lab Private Ltd purchased a new stake in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) in the fourth quarter, Holdings Channel.com reports. The firm purchased 57,915 shares of the company’s stock, valued at approximately $155,000.

A number of other hedge funds have also recently bought and sold shares of SPWH. Jane Street Group LLC boosted its stake in shares of Sportsman’s Warehouse by 16.6% during the 3rd quarter. Jane Street Group LLC now owns 225,473 shares of the company’s stock valued at $611,000 after buying an additional 32,073 shares during the last quarter. XTX Topco Ltd acquired a new stake in Sportsman’s Warehouse in the third quarter valued at $107,000. Barclays PLC boosted its stake in Sportsman’s Warehouse by 25,025.0% during the 3rd quarter. Barclays PLC now owns 38,190 shares of the company’s stock valued at $103,000 after acquiring an additional 38,038 shares during the last quarter. Geode Capital Management LLC grew its holdings in Sportsman’s Warehouse by 2.4% during the 3rd quarter. Geode Capital Management LLC now owns 434,022 shares of the company’s stock worth $1,176,000 after acquiring an additional 10,058 shares in the last quarter. Finally, SkyView Investment Advisors LLC increased its position in shares of Sportsman’s Warehouse by 5.3% in the 3rd quarter. SkyView Investment Advisors LLC now owns 184,563 shares of the company’s stock worth $500,000 after purchasing an additional 9,332 shares during the last quarter. Institutional investors and hedge funds own 83.04% of the company’s stock.

Sportsman’s Warehouse Stock Down 4.8 %

Shares of Sportsman’s Warehouse stock opened at $1.40 on Friday. The stock has a market capitalization of $53.37 million, a price-to-earnings ratio of -1.59 and a beta of 0.75. Sportsman’s Warehouse Holdings, Inc. has a twelve month low of $0.92 and a twelve month high of $4.44. The company has a current ratio of 1.20, a quick ratio of 0.06 and a debt-to-equity ratio of 0.10. The business’s 50 day simple moving average is $1.42 and its 200-day simple moving average is $2.08.

Sportsman’s Warehouse (NASDAQ:SPWH) last posted its earnings results on Tuesday, April 1st. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.12. The company had revenue of $340.40 million for the quarter, compared to analysts’ expectations of $328.67 million. Sportsman’s Warehouse had a negative return on equity of 11.72% and a negative net margin of 2.69%. Equities research analysts forecast that Sportsman’s Warehouse Holdings, Inc. will post -0.65 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Roth Mkm decreased their price target on Sportsman’s Warehouse from $3.50 to $2.50 and set a “buy” rating for the company in a research note on Wednesday, April 2nd. Craig Hallum upgraded Sportsman’s Warehouse from a “hold” rating to a “buy” rating and set a $3.00 target price for the company in a research report on Wednesday, April 2nd. Finally, B. Riley reissued a “buy” rating and set a $3.00 price target (down from $4.00) on shares of Sportsman’s Warehouse in a research report on Wednesday, April 2nd. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Sportsman’s Warehouse has a consensus rating of “Moderate Buy” and an average target price of $2.80.

Sportsman’s Warehouse Profile

Sportsman’s Warehouse Holdings, Inc engages in the retail of sporting and athletic goods. Its products include hunting and shooting, archery, fishing, camping, boating accessories, optics and electronics, knives and tools, and footwear. The company was founded in 1986 and is headquartered in West Jordan, UT.