OneDigital Investment Advisors LLC Has $357,000 Stock Holdings in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH)

OneDigital Investment Advisors LLC lifted its position in shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) by 3.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 131,670 shares of the company’s stock after purchasing an additional 4,909 shares during the period. OneDigital Investment Advisors LLC owned about 0.35% of Sportsman’s Warehouse worth $357,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPWH. Vanguard Group Inc. boosted its position in shares of Sportsman’s Warehouse by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 1,926,372 shares of the company’s stock valued at $5,991,000 after purchasing an additional 33,976 shares in the last quarter. Gabelli Funds LLC raised its stake in shares of Sportsman’s Warehouse by 2.5% during the 1st quarter. Gabelli Funds LLC now owns 1,257,829 shares of the company’s stock worth $3,912,000 after purchasing an additional 31,000 shares during the period. GSA Capital Partners LLP boosted its stake in Sportsman’s Warehouse by 665.0% in the third quarter. GSA Capital Partners LLP now owns 544,373 shares of the company’s stock valued at $1,475,000 after acquiring an additional 473,212 shares during the last quarter. Gamco Investors INC. ET AL raised its stake in shares of Sportsman’s Warehouse by 3.0% in the first quarter. Gamco Investors INC. ET AL now owns 517,325 shares of the company’s stock valued at $1,609,000 after buying an additional 15,200 shares during the period. Finally, Skylands Capital LLC lifted its holdings in Sportsman’s Warehouse by 44.6% during the second quarter. Skylands Capital LLC now owns 194,000 shares of the company’s stock valued at $468,000 after purchasing an additional 59,800 shares during the last quarter. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Sportsman’s Warehouse

In related news, Director Richard D. Mcbee acquired 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The stock was bought at an average cost of $2.55 per share, for a total transaction of $51,000.00. Following the purchase, the director now owns 205,608 shares in the company, valued at $524,300.40. The trade was a 10.78 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Paul Stone acquired 39,920 shares of the firm’s stock in a transaction dated Monday, September 9th. The shares were purchased at an average price of $2.54 per share, for a total transaction of $101,396.80. Following the completion of the transaction, the chief executive officer now directly owns 904,157 shares in the company, valued at approximately $2,296,558.78. This trade represents a 4.62 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 1.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Craig Hallum decreased their target price on shares of Sportsman’s Warehouse from $4.00 to $3.00 and set a “hold” rating on the stock in a report on Wednesday, September 4th. Roth Mkm decreased their target price on shares of Sportsman’s Warehouse from $5.00 to $3.50 and set a “buy” rating on the stock in a research note on Tuesday, September 10th. B. Riley dropped their price target on shares of Sportsman’s Warehouse from $4.00 to $2.00 and set a “neutral” rating for the company in a research report on Wednesday, September 4th. Lake Street Capital reduced their price target on Sportsman’s Warehouse from $5.00 to $3.00 and set a “buy” rating on the stock in a report on Wednesday, September 4th. Finally, StockNews.com upgraded shares of Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Four analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $2.80.

Sportsman’s Warehouse Trading Down 2.4 %

NASDAQ SPWH opened at $2.04 on Friday. The stock has a market cap of $77.21 million, a P/E ratio of -2.24 and a beta of 0.66. The stock’s fifty day moving average price is $2.69 and its 200-day moving average price is $2.63. Sportsman’s Warehouse Holdings, Inc. has a 12 month low of $1.81 and a 12 month high of $5.41. The company has a current ratio of 1.22, a quick ratio of 0.07 and a debt-to-equity ratio of 0.10.

Sportsman’s Warehouse (NASDAQ:SPWH) last posted its quarterly earnings results on Tuesday, September 3rd. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.05). Sportsman’s Warehouse had a negative return on equity of 12.00% and a negative net margin of 2.74%. The business had revenue of $288.73 million during the quarter, compared to analysts’ expectations of $284.00 million. As a group, equities analysts forecast that Sportsman’s Warehouse Holdings, Inc. will post -0.74 EPS for the current fiscal year.

Sportsman’s Warehouse Company Profile

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and apparel products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.