MarineMax Inc (NYSE:HZO) Chairman William H. Mcgill, Jr. sold 10,322 shares of the business’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $30.07, for a total value of $310,382.54. Following the completion of the sale, the chairman now owns 319,093 shares in the company, valued at approximately $9,595,126.51. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

William H. Mcgill, Jr. also recently made the following trade(s):

  • On Thursday, July 2nd, William H. Mcgill, Jr. sold 71,475 shares of MarineMax stock. The shares were sold at an average price of $23.17, for a total value of $1,656,075.75.

NYSE:HZO opened at $29.75 on Friday. The stock has a 50-day simple moving average of $23.41 and a 200-day simple moving average of $17.67. The stock has a market cap of $639.11 million, a P/E ratio of 11.36 and a beta of 1.85. MarineMax Inc has a 1 year low of $7.24 and a 1 year high of $30.45. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.62 and a current ratio of 1.77.

MarineMax (NYSE:HZO) last released its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $1.58 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.86. The business had revenue of $498.30 million during the quarter, compared to analysts’ expectations of $414.69 million. MarineMax had a return on equity of 14.68% and a net margin of 3.93%. The business’s quarterly revenue was up 29.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.84 EPS. On average, equities research analysts predict that MarineMax Inc will post 2.54 EPS for the current year.

Several research analysts recently commented on the company. B. Riley reissued a “buy” rating and set a $28.00 target price on shares of MarineMax in a research note on Wednesday, July 1st. SunTrust Banks boosted their target price on MarineMax from $14.00 to $16.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. ValuEngine raised MarineMax from a “strong sell” rating to a “sell” rating in a research note on Thursday, July 23rd. Craig Hallum boosted their target price on MarineMax from $16.00 to $24.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. Finally, Zacks Investment Research raised MarineMax from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $24.30.

Several hedge funds and other institutional investors have recently made changes to their positions in HZO. Credit Suisse AG boosted its position in shares of MarineMax by 5.3% in the 4th quarter. Credit Suisse AG now owns 32,575 shares of the specialty retailer’s stock valued at $543,000 after purchasing an additional 1,641 shares during the period. Renaissance Technologies LLC acquired a new stake in shares of MarineMax in the 4th quarter valued at about $751,000. UBS Group AG boosted its position in shares of MarineMax by 4,285.4% in the 4th quarter. UBS Group AG now owns 23,111 shares of the specialty retailer’s stock valued at $386,000 after purchasing an additional 22,584 shares during the period. Guggenheim Capital LLC boosted its position in shares of MarineMax by 4.2% in the 4th quarter. Guggenheim Capital LLC now owns 16,315 shares of the specialty retailer’s stock valued at $272,000 after purchasing an additional 655 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of MarineMax by 219.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 168,584 shares of the specialty retailer’s stock valued at $2,813,000 after purchasing an additional 115,815 shares during the period. 83.16% of the stock is owned by hedge funds and other institutional investors.

MarineMax Company Profile

MarineMax, Inc operates as a recreational boat and yacht retailer in the United States. The company sells new and used recreational boats, including pleasure boats, such as sport boats, sport cruisers, sport yachts, and other yachts; fishing boats; motor and convertible yachts; pontoon boats; fishing boats; ski boats; and jet boats.

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Insider Buying and Selling by Quarter for MarineMax (NYSE:HZO)

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