MarineMax Inc (NYSE:HZO) Director Hilliard M. Eure sold 1,223 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $30.05, for a total transaction of $36,751.15. Following the completion of the transaction, the director now directly owns 17,723 shares in the company, valued at $532,576.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

HZO stock opened at $29.75 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.62 and a current ratio of 1.77. The company’s 50-day simple moving average is $23.41 and its 200 day simple moving average is $17.67. MarineMax Inc has a 52 week low of $7.24 and a 52 week high of $30.45. The company has a market capitalization of $639.11 million, a PE ratio of 11.36 and a beta of 1.85.

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

Several equities analysts have recently weighed in on the stock. ValuEngine raised shares of MarineMax from a “strong sell” rating to a “sell” rating in a research report on Thursday, July 23rd. Northcoast Research reissued a “buy” rating on shares of MarineMax in a research report on Wednesday, July 22nd. TheStreet upgraded shares of MarineMax from a “c+” rating to a “b-” rating in a research note on Monday, July 20th. Craig Hallum upped their price target on shares of MarineMax from $16.00 to $24.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Finally, Raymond James upped their price target on shares of MarineMax from $23.50 to $31.50 and gave the company an “outperform” rating in a research note on Friday, July 24th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $24.30.

A number of institutional investors have recently made changes to their positions in the business. Peregrine Capital Management LLC grew its stake in MarineMax by 1.5% during the second quarter. Peregrine Capital Management LLC now owns 315,878 shares of the specialty retailer’s stock worth $7,073,000 after buying an additional 4,531 shares in the last quarter. Zweig DiMenna Associates LLC acquired a new stake in MarineMax during the second quarter worth about $1,476,000. WESPAC Advisors LLC acquired a new stake in MarineMax during the second quarter worth about $467,000. SG Americas Securities LLC acquired a new stake in MarineMax during the second quarter worth about $172,000. Finally, State Street Corp grew its stake in MarineMax by 10.6% during the first quarter. State Street Corp now owns 787,188 shares of the specialty retailer’s stock worth $8,202,000 after buying an additional 75,570 shares in the last quarter. Hedge funds and other institutional investors own 83.16% of the company’s stock.

About MarineMax

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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