Maverick Capital Ltd. purchased a new position in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 82,775 shares of the company’s stock, valued at approximately $447,000. Maverick Capital Ltd. owned about 0.20% of Sportsman’s Warehouse Holdings at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Schwab Charles Investment Management Inc. boosted its stake in Sportsman’s Warehouse Holdings by 0.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 105,928 shares of the company’s stock worth $573,000 after buying an additional 684 shares during the last quarter. Teachers Advisors LLC boosted its stake in Sportsman’s Warehouse Holdings by 11.4% in the 4th quarter. Teachers Advisors LLC now owns 48,195 shares of the company’s stock worth $453,000 after buying an additional 4,940 shares during the last quarter. Nationwide Fund Advisors boosted its stake in Sportsman’s Warehouse Holdings by 35.8% in the 2nd quarter. Nationwide Fund Advisors now owns 20,626 shares of the company’s stock worth $111,000 after buying an additional 5,442 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Sportsman’s Warehouse Holdings by 4.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 149,310 shares of the company’s stock worth $806,000 after buying an additional 5,788 shares during the last quarter. Finally, Credit Suisse AG boosted its stake in Sportsman’s Warehouse Holdings by 25.5% in the 1st quarter. Credit Suisse AG now owns 33,971 shares of the company’s stock worth $162,000 after buying an additional 6,897 shares during the last quarter. 88.42% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ SPWH) traded up 0.92% during mid-day trading on Friday, reaching $4.40. The company’s stock had a trading volume of 253,036 shares. The firm’s 50 day moving average is $4.31 and its 200-day moving average is $4.72. Sportsman’s Warehouse Holdings, Inc. has a 52-week low of $3.40 and a 52-week high of $10.88. The company has a market capitalization of $183.48 million, a PE ratio of 8.06 and a beta of -0.79.

Sportsman’s Warehouse Holdings (NASDAQ:SPWH) last issued its quarterly earnings results on Thursday, August 17th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. Sportsman’s Warehouse Holdings had a return on equity of 90.52% and a net margin of 2.94%. The business had revenue of $191.50 million for the quarter, compared to the consensus estimate of $191.28 million. During the same quarter in the previous year, the company posted $0.20 earnings per share. Sportsman’s Warehouse Holdings’s revenue for the quarter was up .9% compared to the same quarter last year. Analysts forecast that Sportsman’s Warehouse Holdings, Inc. will post $0.63 EPS for the current year.

In other news, insider Jon Barker bought 14,000 shares of the stock in a transaction on Wednesday, August 23rd. The shares were purchased at an average price of $4.13 per share, for a total transaction of $57,820.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Kay L. Toolson bought 10,000 shares of the stock in a transaction on Thursday, July 13th. The stock was purchased 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 have bought 25,700 shares of company stock worth $116,626 in the last quarter. 4.15% of the stock is currently owned by corporate insiders.

A number of analysts have issued reports on SPWH shares. DA Davidson reissued a “buy” rating and issued a $8.00 price target on shares of Sportsman’s Warehouse Holdings in a research note on Tuesday, August 15th. MKM Partners reissued a “buy” rating and issued a $7.00 price target on shares of Sportsman’s Warehouse Holdings in a research note on Wednesday, August 16th. Piper Jaffray Companies set a $6.00 price target on Sportsman’s Warehouse Holdings and gave the stock a “hold” rating in a research note on Sunday, August 20th. Forward View set a $4.00 price target on Sportsman’s Warehouse Holdings and gave the stock a “hold” rating in a research note on Saturday, August 26th. Finally, ValuEngine lowered Sportsman’s Warehouse Holdings from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $6.81.

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About Sportsman’s Warehouse Holdings

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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