354,923 Shares in Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) Acquired by Walleye Capital LLC

Walleye Capital LLC acquired a new position in Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 354,923 shares of the company's stock, valued at approximately $948,000. Walleye Capital LLC owned approximately 0.93% of Sportsman's Warehouse at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC increased its stake in shares of Sportsman's Warehouse by 16.6% in the third quarter. Jane Street Group LLC now owns 225,473 shares of the company's stock worth $611,000 after acquiring an additional 32,073 shares during the last quarter. XTX Topco Ltd bought a new position in Sportsman's Warehouse during the third quarter valued at approximately $107,000. Barclays PLC raised its position in Sportsman's Warehouse by 25,025.0% during the third quarter. Barclays PLC now owns 38,190 shares of the company's stock valued at $103,000 after acquiring an additional 38,038 shares in the last quarter. Geode Capital Management LLC lifted its stake in Sportsman's Warehouse by 2.4% in the third quarter. Geode Capital Management LLC now owns 434,022 shares of the company's stock valued at $1,176,000 after acquiring an additional 10,058 shares during the last quarter. Finally, SkyView Investment Advisors LLC grew its position in Sportsman's Warehouse by 5.3% in the third quarter. SkyView Investment Advisors LLC now owns 184,563 shares of the company's stock worth $500,000 after acquiring an additional 9,332 shares in the last quarter. 83.04% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on SPWH. Craig Hallum raised shares of Sportsman's Warehouse from a "hold" rating to a "buy" rating and set a $3.00 price objective for the company in a research note on Wednesday, April 2nd. Roth Mkm reduced their price objective on shares of Sportsman's Warehouse from $3.50 to $2.50 and set a "buy" rating for the company in a research note on Wednesday, April 2nd. Finally, B. Riley reiterated a "buy" rating and issued a $3.00 price objective (down from $4.00) on shares of Sportsman's Warehouse in a research note on Wednesday, April 2nd. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $2.80.

Sportsman's Warehouse Stock Performance

Shares of NASDAQ SPWH traded up $0.02 during trading hours on Thursday, reaching $1.61. The stock had a trading volume of 192,156 shares, compared to its average volume of 991,357. The company has a market cap of $61.64 million, a price-to-earnings ratio of -1.83 and a beta of 0.75. Sportsman's Warehouse Holdings, Inc. has a twelve month low of $0.92 and a twelve month high of $4.44. The business's fifty day moving average is $1.37 and its two-hundred day moving average is $2.02. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.20 and a quick ratio of 0.06.

Sportsman's Warehouse (NASDAQ:SPWH - Get Free Report) last issued its quarterly earnings data on Tuesday, April 1st. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.08) by $0.12. The company had revenue of $340.40 million during the quarter, compared to the consensus estimate of $328.67 million. Sportsman's Warehouse had a negative return on equity of 11.72% and a negative net margin of 2.69%. As a group, research analysts expect that Sportsman's Warehouse Holdings, Inc. will post -0.65 EPS for the current year.

About Sportsman's Warehouse

Sportsman's Warehouse Holdings, Inc engages in the retail of sporting and athletic goods. Its products include hunting and shooting, archery, fishing, camping, boating accessories, optics and electronics, knives and tools, and footwear. The company was founded in 1986 and is headquartered in West Jordan, UT.