Goodnow Investment Group LLC grew its position in shares of Sportsman's Warehouse Holdings Inc (NASDAQ:SPWH) by 125.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 488,812 shares of the company’s stock after buying an additional 271,840 shares during the period. Sportsman's Warehouse Holdings accounts for 0.6% of Goodnow Investment Group LLC’s investment portfolio, making the stock its 20th largest position. Goodnow Investment Group LLC owned about 1.17% of Sportsman's Warehouse Holdings worth $2,640,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPWH. Boston Private Wealth LLC purchased a new position in shares of Sportsman's Warehouse Holdings during the 2nd quarter valued at $6,750,000. CWH Capital Management Inc. purchased a new position in shares of Sportsman's Warehouse Holdings during the 1st quarter valued at $3,766,000. Dimensional Fund Advisors LP lifted its position in shares of Sportsman's Warehouse Holdings by 55.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 965,506 shares of the company’s stock valued at $5,214,000 after buying an additional 345,564 shares during the last quarter. Weber Alan W purchased a new position in shares of Sportsman's Warehouse Holdings during the 1st quarter valued at $1,362,000. Finally, Boston Partners lifted its position in shares of Sportsman's Warehouse Holdings by 7.1% during the 2nd quarter. Boston Partners now owns 2,567,567 shares of the company’s stock valued at $13,865,000 after buying an additional 169,176 shares during the last quarter. 88.42% of the stock is currently owned by hedge funds and other institutional investors.

Sportsman's Warehouse Holdings (NASDAQ:SPWH) last announced its quarterly earnings data on Thursday, August 17th. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.02. Sportsman's Warehouse Holdings had a return on equity of 90.27% and a net margin of 3.42%. The business had revenue of $191.50 million for the quarter, compared to the consensus estimate of $191.28 million. During the same period in the previous year, the business earned $0.20 earnings per share. The business’s revenue was up .9% on a year-over-year basis.

SPWH has been the topic of a number of recent research reports. DA Davidson reaffirmed a “buy” rating and set a $8.00 price target on shares of Sportsman's Warehouse Holdings in a research report on Saturday, June 3rd. Forward View set a $4.00 price objective on Sportsman's Warehouse Holdings and gave the stock a “hold” rating in a report on Saturday, August 26th. ValuEngine cut Sportsman's Warehouse Holdings from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Robert W. Baird reissued a “buy” rating and set a $7.00 price objective on shares of Sportsman's Warehouse Holdings in a report on Thursday, September 21st. Finally, Ifs Securities reissued a “market perform” rating and set a $5.00 price objective on shares of Sportsman's Warehouse Holdings in a report on Friday, September 15th. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Sportsman's Warehouse Holdings presently has an average rating of “Hold” and a consensus price target of $6.81.

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In other news, CEO John V. Schaefer sold 66,563 shares of the business’s stock in a transaction dated Friday, June 30th. The stock was sold at an average price of $5.30, for a total value of $352,783.90. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Kay L. Toolson acquired 10,000 shares of the stock in a transaction dated Thursday, July 13th. The stock was acquired at an average price of $5.00 per share, for a total transaction of $50,000.00. The disclosure for this purchase can be found here. Insiders bought 25,700 shares of company stock worth $116,626 over the last 90 days. Company insiders own 4.15% of the company’s stock.

Sportsman's Warehouse Holdings Company 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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