Golfsmith International Holdings, Inc. (NASDAQ:GOLF) has received an average rating of “Hold” from the sixteen brokerages that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $21.71.

GOLF has been the subject of several recent research reports. Zacks Investment Research lowered shares of Golfsmith International Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, April 13th. Jefferies Group LLC set a $25.00 price target on shares of Golfsmith International Holdings and gave the stock a “buy” rating in a research report on Saturday, May 13th. Roth Capital set a $25.00 price target on shares of Golfsmith International Holdings and gave the stock a “buy” rating in a research report on Wednesday, May 24th. Credit Suisse Group set a $21.00 price target on shares of Golfsmith International Holdings and gave the stock a “hold” rating in a research report on Sunday, May 28th. Finally, Raymond James Financial, Inc. reissued a “market perform” rating and issued a $22.00 price target on shares of Golfsmith International Holdings in a research report on Friday, July 21st.

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In other news, insider Wb Atlas Llc sold 2,195,469 shares of the firm’s stock in a transaction that occurred on Thursday, June 29th. The shares were sold at an average price of $19.63, for a total transaction of $43,097,056.47. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Several hedge funds have recently bought and sold shares of GOLF. JPMorgan Chase & Co. raised its stake in Golfsmith International Holdings by 39.3% in the first quarter. JPMorgan Chase & Co. now owns 3,548,698 shares of the specialty retailer’s stock valued at $61,322,000 after buying an additional 1,001,850 shares during the last quarter. Metropolitan Life Insurance Co. NY purchased a new stake in Golfsmith International Holdings during the fourth quarter valued at $420,000. Sanders Morris Harris Inc. raised its stake in Golfsmith International Holdings by 10.0% in the first quarter. Sanders Morris Harris Inc. now owns 55,000 shares of the specialty retailer’s stock valued at $950,000 after buying an additional 5,000 shares during the last quarter. Menta Capital LLC purchased a new stake in Golfsmith International Holdings during the first quarter valued at $901,000. Finally, Paloma Partners Management Co purchased a new stake in Golfsmith International Holdings during the first quarter valued at $1,728,000.

Golfsmith International Holdings (GOLF) opened at 18.30 on Friday. Golfsmith International Holdings has a 52 week low of $16.84 and a 52 week high of $22.31. The firm has a 50-day moving average price of $19.41 and a 200-day moving average price of $18.55. The firm has a market capitalization of $1.36 billion and a P/E ratio of 21.63.

About Golfsmith International Holdings

Analyst Recommendations for Golfsmith International Holdings (NASDAQ:GOLF)

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