Sportsman’s Warehouse Holdings Inc. (NASDAQ:SPWH)’s share price shot up 5.4% during mid-day trading on Wednesday . The company traded as high as $8.80 and last traded at $8.77, with a volume of 326,476 shares trading hands. The stock had previously closed at $8.32.

A number of research firms have issued reports on SPWH. Zacks Investment Research cut shares of Sportsman’s Warehouse Holdings from a “buy” rating to a “hold” rating in a research report on Saturday, March 26th. Sterne Agee CRT restated a “buy” rating on shares of Sportsman’s Warehouse Holdings in a research report on Monday, May 16th. MKM Partners restated a “buy” rating and issued a $15.00 price objective (down previously from $16.00) on shares of Sportsman’s Warehouse Holdings in a research report on Tuesday, March 22nd. Credit Suisse Group AG restated a “buy” rating on shares of Sportsman’s Warehouse Holdings in a research report on Thursday, May 26th. Finally, Goldman Sachs Group Inc. decreased their price objective on shares of Sportsman’s Warehouse Holdings from $17.50 to $16.50 and set a “buy” rating on the stock in a research report on Thursday, March 24th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Sportsman’s Warehouse Holdings presently has an average rating of “Buy” and a consensus target price of $15.19.

The company has a 50 day moving average of $8.52 and a 200-day moving average of $11.37. The firm has a market cap of $369.88 million and a price-to-earnings ratio of 12.71.

In other Sportsman’s Warehouse Holdings news, Director Seidler Kutsenda Management Co sold 900,000 shares of the stock in a transaction on Friday, April 22nd. The shares were sold at an average price of $10.77, for a total transaction of $9,693,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Other institutional investors have added to or reduced their stakes in the company. Eagle Asset Management Inc. acquired a new position in Sportsman’s Warehouse Holdings during the fourth quarter valued at approximately $11,318,000. Wells Fargo & Company MN raised its position in Sportsman’s Warehouse Holdings by 84.3% in the fourth quarter. Wells Fargo & Company MN now owns 1,187,565 shares of the company’s stock valued at $15,319,000 after buying an additional 543,109 shares during the period. Timpani Capital Management LLC acquired a new position in Sportsman’s Warehouse Holdings during the fourth quarter valued at approximately $1,574,000. Stephens Investment Management Group LLC raised its position in Sportsman’s Warehouse Holdings by 6.5% in the fourth quarter. Stephens Investment Management Group LLC now owns 1,055,491 shares of the company’s stock valued at $13,616,000 after buying an additional 64,229 shares during the period. Finally, J. Goldman & Co LP raised its position in Sportsman’s Warehouse Holdings by 27.2% in the fourth quarter. J. Goldman & Co LP now owns 212,121 shares of the company’s stock valued at $2,736,000 after buying an additional 45,371 shares during the period.

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