Shares of Sportsman’s Warehouse Holdings Inc. (NASDAQ:SPWH) rose 5.4% during trading on Wednesday . The stock 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.

SPWH has been the subject of several recent analyst reports. MKM Partners reduced their price objective on shares of Sportsman’s Warehouse Holdings from $15.00 to $13.00 and set a “buy” rating for the company in a research note on Monday, May 23rd. Credit Suisse Group AG reiterated a “buy” rating on shares of Sportsman’s Warehouse Holdings in a research note on Tuesday, June 7th. Forward View reiterated a “hold” rating on shares of Sportsman’s Warehouse Holdings in a research note on Sunday, May 22nd. Zacks Investment Research upgraded shares of Sportsman’s Warehouse Holdings from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research note on Thursday, March 17th. Finally, Robert W. Baird reiterated a “buy” rating on shares of Sportsman’s Warehouse Holdings in a research note on Monday, May 16th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Sportsman’s Warehouse Holdings currently has an average rating of “Buy” and an average target price of $14.94.

The stock has a market capitalization of $378.43 million and a price-to-earnings ratio of 13.001. The company has a 50 day moving average price of $8.46 and a 200 day moving average price of $11.33.

In other news, Director Seidler Kutsenda Management Co sold 6,000,000 shares of the company’s stock in a transaction dated Monday, April 18th. The shares were sold at an average price of $10.77, for a total transaction of $64,620,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Kent Vernon Graham purchased 5,000 shares of the stock in a transaction dated Thursday, July 7th. The shares were purchased at an average price of $8.97 per share, with a total value of $44,850.00. The disclosure for this purchase can be found here.

Several institutional investors have recently added to or reduced their stakes in the company. Victory Capital Management Inc. raised its position in Sportsman’s Warehouse Holdings by 53.3% in the fourth quarter. Victory Capital Management Inc. now owns 93,498 shares of the company’s stock valued at $1,206,000 after buying an additional 32,498 shares in the last quarter. Hodges Capital Management Inc. raised its position in shares of Sportsman’s Warehouse Holdings by 6.4% in the fourth quarter. Hodges Capital Management Inc. now owns 107,100 shares of the company’s stock worth $1,382,000 after buying an additional 6,400 shares in the last quarter. J. Goldman & Co LP raised its position in shares of 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 worth $2,736,000 after buying an additional 45,371 shares in the last quarter. GSA Capital Partners LLP raised its position in shares of Sportsman’s Warehouse Holdings by 6.3% in the fourth quarter. GSA Capital Partners LLP now owns 225,889 shares of the company’s stock worth $2,914,000 after buying an additional 13,415 shares in the last quarter. Finally, Eagle Asset Management Inc. bought a new position in shares of Sportsman’s Warehouse Holdings during the fourth quarter worth about $11,318,000.

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