DICK'S Sporting Goods, Inc. (NYSE:DKS) CEO Edward W. Stack sold 42,783 shares of the business’s stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $62.64, for a total value of $2,679,927.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Edward W. Stack also recently made the following trade(s):

  • On Friday, October 9th, Edward W. Stack sold 709 shares of DICK'S Sporting Goods stock. The stock was sold at an average price of $62.57, for a total value of $44,362.13.
  • On Wednesday, September 16th, Edward W. Stack sold 40,761 shares of DICK'S Sporting Goods stock. The stock was sold at an average price of $57.84, for a total value of $2,357,616.24.
  • On Monday, September 14th, Edward W. Stack sold 45,013 shares of DICK'S Sporting Goods stock. The stock was sold at an average price of $57.81, for a total value of $2,602,201.53.
  • On Thursday, September 10th, Edward W. Stack sold 59,299 shares of DICK'S Sporting Goods stock. The stock was sold at an average price of $57.55, for a total value of $3,412,657.45.
  • On Wednesday, August 26th, Edward W. Stack sold 250,000 shares of DICK'S Sporting Goods stock. The stock was sold at an average price of $51.97, for a total value of $12,992,500.00.

DKS opened at $61.48 on Friday. The business has a 50 day simple moving average of $57.53 and a two-hundred day simple moving average of $41.46. The firm has a market capitalization of $5.48 billion, a price-to-earnings ratio of 21.35, a PEG ratio of 3.00 and a beta of 1.67. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.35 and a quick ratio of 0.53. DICK'S Sporting Goods, Inc. has a one year low of $13.46 and a one year high of $63.29.

DICK'S Sporting Goods (NYSE:DKS) last released its quarterly earnings results on Wednesday, August 26th. The sporting goods retailer reported $3.21 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $1.97. The business had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.46 billion. DICK'S Sporting Goods had a return on equity of 19.21% and a net margin of 3.03%. DICK'S Sporting Goods’s quarterly revenue was up 20.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.26 EPS. As a group, sell-side analysts expect that DICK'S Sporting Goods, Inc. will post 4.22 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were issued a dividend of $0.313 per share. This is an increase from DICK'S Sporting Goods’s previous quarterly dividend of $0.31. The ex-dividend date was Thursday, September 10th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 2.04%. DICK'S Sporting Goods’s dividend payout ratio is 33.88%.

Hedge funds have recently bought and sold shares of the business. FMR LLC grew its holdings in shares of DICK'S Sporting Goods by 96.1% during the 2nd quarter. FMR LLC now owns 4,271,686 shares of the sporting goods retailer’s stock worth $176,249,000 after acquiring an additional 2,093,232 shares during the period. APG Asset Management N.V. grew its holdings in shares of DICK'S Sporting Goods by 299.4% during the 1st quarter. APG Asset Management N.V. now owns 357,900 shares of the sporting goods retailer’s stock worth $11,733,000 after acquiring an additional 268,300 shares during the period. World Asset Management Inc purchased a new position in shares of DICK'S Sporting Goods during the 2nd quarter worth approximately $251,000. Cornerstone Advisors Inc. grew its holdings in shares of DICK'S Sporting Goods by 2,375.0% during the 2nd quarter. Cornerstone Advisors Inc. now owns 693 shares of the sporting goods retailer’s stock worth $29,000 after acquiring an additional 665 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in shares of DICK'S Sporting Goods by 6.9% during the 2nd quarter. Principal Financial Group Inc. now owns 270,228 shares of the sporting goods retailer’s stock worth $11,149,000 after acquiring an additional 17,450 shares during the period. Hedge funds and other institutional investors own 78.10% of the company’s stock.

Several brokerages have issued reports on DKS. Wedbush lifted their price target on DICK'S Sporting Goods from $45.00 to $54.00 and gave the stock a “neutral” rating in a research note on Thursday, August 27th. Cleveland Research raised DICK'S Sporting Goods from a “neutral” rating to a “buy” rating in a research note on Friday, September 25th. Bank of America lifted their price target on DICK'S Sporting Goods from $50.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, August 27th. Robert W. Baird lifted their price target on DICK'S Sporting Goods from $40.00 to $58.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 26th. Finally, JPMorgan Chase & Co. lifted their price target on DICK'S Sporting Goods from $41.00 to $52.00 and gave the stock a “neutral” rating in a research note on Monday, August 24th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twelve have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $52.32.

About DICK'S Sporting Goods

DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as a sporting goods retailer primarily in the eastern United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories.

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Insider Buying and Selling by Quarter for DICK'S Sporting Goods (NYSE:DKS)

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