BJs Wholesale Club Holdings Inc (NYSE:BJ) EVP Lee Delaney sold 10,000 shares of the company’s stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $24.74, for a total transaction of $247,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Lee Delaney also recently made the following trade(s):

  • On Wednesday, May 8th, Lee Delaney sold 10,000 shares of BJs Wholesale Club stock. The stock was sold at an average price of $25.87, for a total transaction of $258,700.00.

Shares of BJ traded up $0.34 during mid-day trading on Tuesday, hitting $24.75. 3,329,542 shares of the company traded hands, compared to its average volume of 1,602,774. BJs Wholesale Club Holdings Inc has a one year low of $19.31 and a one year high of $32.92. The stock has a market capitalization of $3.44 billion and a P/E ratio of 21.71.

BJs Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Thursday, May 23rd. The company reported $0.26 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.01. BJs Wholesale Club had a net margin of 1.14% and a negative return on equity of 72.36%. The business had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $3.12 billion. BJs Wholesale Club’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that BJs Wholesale Club Holdings Inc will post 1.47 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. lifted its holdings in BJs Wholesale Club by 18.5% in the first quarter. Oppenheimer Asset Management Inc. now owns 3,889 shares of the company’s stock valued at $107,000 after buying an additional 606 shares during the period. Wellington Management Group LLP lifted its holdings in BJs Wholesale Club by 0.5% in the first quarter. Wellington Management Group LLP now owns 161,687 shares of the company’s stock valued at $4,430,000 after buying an additional 749 shares during the period. PNC Financial Services Group Inc. lifted its holdings in BJs Wholesale Club by 201.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,165 shares of the company’s stock valued at $26,000 after buying an additional 778 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in BJs Wholesale Club by 25.1% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,574 shares of the company’s stock valued at $125,000 after buying an additional 917 shares during the period. Finally, First Trust Advisors LP lifted its holdings in BJs Wholesale Club by 0.8% in the first quarter. First Trust Advisors LP now owns 115,218 shares of the company’s stock valued at $3,157,000 after buying an additional 955 shares during the period. 89.01% of the stock is currently owned by institutional investors and hedge funds.

BJ has been the topic of several research analyst reports. Nomura decreased their price objective on shares of BJs Wholesale Club from $29.00 to $27.00 and set a “buy” rating on the stock in a research note on Thursday, March 7th. Evercore ISI initiated coverage on shares of BJs Wholesale Club in a research note on Wednesday, March 20th. They set an “outperform” rating and a $30.00 price objective on the stock. Gordon Haskett raised shares of BJs Wholesale Club from an “accumulate” rating to a “buy” rating in a research note on Thursday, March 21st. Wells Fargo & Co upped their price objective on shares of BJs Wholesale Club from $29.00 to $32.00 and gave the stock an “outperform” rating in a research note on Friday, March 29th. Finally, Citigroup upped their price objective on shares of BJs Wholesale Club from $30.00 to $32.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $30.43.

COPYRIGHT VIOLATION WARNING: “BJs Wholesale Club Holdings Inc (NYSE:BJ) EVP Sells $247,400.00 in Stock” was first reported by Watch List News and is owned by of Watch List News. If you are accessing this article on another domain, it was stolen and reposted in violation of international copyright & trademark law. The legal version of this article can be accessed at https://www.watchlistnews.com/bjs-wholesale-club-holdings-inc-nysebj-evp-sells-247400-00-in-stock/3038615.html.

BJs Wholesale Club Company Profile

BJ's Wholesale Club Holdings, Inc operates as a warehouse club on the East Coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products. The company also sells electronics, computers, office supplies and equipment, home products, health and beauty aids, sporting goods, outdoor living, baby products, toys, and jewelry through Website.

Recommended Story: Day Trading – Risk Worth the Reward?

Insider Buying and Selling by Quarter for BJs Wholesale Club (NYSE:BJ)

Receive News & Ratings for BJs Wholesale Club Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BJs Wholesale Club and related companies with MarketBeat.com's FREE daily email newsletter.