Thomas F. Wolfe Sells 17,529 Shares of Camping World Holdings Inc. (CWH) Stock
Camping World Holdings Inc. (NYSE:CWH) CFO Thomas F. Wolfe sold 17,529 shares of the business’s stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $37.32, for a total value of $654,182.28. Following the sale, the chief financial officer now owns 62,529 shares of the company’s stock, valued at approximately $2,333,582.28. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Camping World Holdings Inc. (NYSE CWH) opened at 38.43 on Friday. The company’s 50-day moving average price is $38.82 and its 200 day moving average price is $38.82. Camping World Holdings Inc. has a 52-week low of $20.45 and a 52-week high of $39.54. The firm’s market capitalization is $1.13 billion.
Camping World Holdings (NYSE:CWH) last issued its earnings results on Thursday, August 10th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.15. Camping World Holdings had a negative return on equity of 319.74% and a net margin of 2.51%. The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same period in the prior year, the firm posted $0.65 EPS. The business’s revenue was up 20.1% compared to the same quarter last year. Equities research analysts predict that Camping World Holdings Inc. will post $2.12 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend is Thursday, September 14th. Camping World Holdings’s dividend payout ratio is 14.29%.
Hedge funds and other institutional investors have recently modified their holdings of the company. Legal & General Group Plc grew its holdings in Camping World Holdings by 6.7% in the 2nd quarter. Legal & General Group Plc now owns 3,353 shares of the company’s stock valued at $103,000 after buying an additional 211 shares during the last quarter. Meeder Asset Management Inc. bought a new stake in shares of Camping World Holdings in the 2nd quarter worth approximately $111,000. Quantbot Technologies LP lifted its position in shares of Camping World Holdings by 180.2% in the 1st quarter. Quantbot Technologies LP now owns 5,686 shares of the company’s stock worth $183,000 after acquiring an additional 3,657 shares during the period. FNY Partners Fund LP bought a new stake in shares of Camping World Holdings in the 1st quarter worth approximately $193,000. Finally, Affinity Investment Advisors LLC bought a new stake in shares of Camping World Holdings in the 2nd quarter worth approximately $208,000. 31.53% of the stock is currently owned by institutional investors and hedge funds.
A number of analysts have recently issued reports on the company. Zacks Investment Research upgraded Camping World Holdings from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a report on Monday, September 11th. ValuEngine upgraded Camping World Holdings from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Robert W. Baird reiterated a “buy” rating on shares of Camping World Holdings in a report on Thursday. KeyCorp reiterated an “overweight” rating and set a $42.00 target price on shares of Camping World Holdings in a report on Wednesday, August 30th. Finally, Forward View upgraded Camping World Holdings from a “hold” rating to a “buy” rating in a report on Monday, August 14th. Thirteen equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $36.96.
Camping World Holdings Company Profile
Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co branded credit cards; vehicle financing and refinancing; club memberships, and publications and directories.
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