MarineMax Inc. (NYSE:HZO) shot up 4.1% on Wednesday . The stock traded as high as $17.88 and last traded at $17.85, with a volume of 79,193 shares traded. The stock had previously closed at $17.14.

HZO has been the topic of a number of research analyst reports. B. Riley reissued a “buy” rating and set a $25.00 price target on shares of MarineMax in a report on Tuesday, April 26th. Forward View reaffirmed a “hold” rating on shares of MarineMax in a research note on Saturday, May 28th. Finally, Zacks Investment Research cut MarineMax from a “buy” rating to a “hold” rating in a research note on Wednesday, June 22nd. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. MarineMax presently has a consensus rating of “Buy” and a consensus target price of $24.40.

The company has a 50 day moving average price of $16.64 and a 200 day moving average price of $17.37. The firm has a market capitalization of $425.15 million and a PE ratio of 8.63.

MarineMax (NYSE:HZO) last issued its quarterly earnings data on Tuesday, April 26th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.03. During the same quarter in the previous year, the firm posted $0.02 EPS. The business earned $200 million during the quarter, compared to the consensus estimate of $192.52 million. The company’s revenue for the quarter was up 16.0% compared to the same quarter last year. Equities research analysts predict that MarineMax Inc. will post $0.79 earnings per share for the current fiscal year.

In other news, CEO William H. Mcgill, Jr. sold 12,504 shares of the business’s stock in a transaction on Wednesday, April 27th. The stock was sold at an average price of $20.12, for a total transaction of $251,580.48. Following the completion of the sale, the chief executive officer now owns 249,190 shares in the company, valued at $5,013,702.80. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP W Brett Mcgill sold 2,463 shares of the business’s stock in a transaction on Wednesday, April 27th. The stock was sold at an average price of $20.12, for a total value of $49,555.56. Following the sale, the executive vice president now owns 8,540 shares of the company’s stock, valued at approximately $171,824.80. The disclosure for this sale can be found here.

Several large investors have recently added to or reduced their stakes in the company. Eagle Asset Management Inc. increased its stake in MarineMax by 7.0% in the fourth quarter. Eagle Asset Management Inc. now owns 850,182 shares of the company’s stock worth $15,660,000 after buying an additional 55,674 shares during the last quarter. Wells Fargo & Company MN increased its stake in MarineMax by 69.2% in the fourth quarter. Wells Fargo & Company MN now owns 75,924 shares of the company’s stock worth $1,399,000 after buying an additional 31,059 shares during the last quarter. Investment Management of Virginia LLC increased its stake in MarineMax by 18.2% in the fourth quarter. Investment Management of Virginia LLC now owns 99,847 shares of the company’s stock worth $1,839,000 after buying an additional 15,357 shares during the last quarter. Victory Capital Management Inc. increased its stake in MarineMax by 15.8% in the fourth quarter. Victory Capital Management Inc. now owns 72,905 shares of the company’s stock worth $1,343,000 after buying an additional 9,950 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in MarineMax by 4.6% in the fourth quarter. Principal Financial Group Inc. now owns 168,203 shares of the company’s stock worth $3,098,000 after buying an additional 7,404 shares during the last quarter.

MarineMax, Inc is a recreational boat dealer in the United States. The Company engages in the retail sale, brokerage, and service of used boats, motors, trailers, marine parts and accessories and offers slip and storage accommodations in certain locations. It offers related boat financing, insurance and extended service contracts.

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