Big 5 Sporting Goods Co. (NASDAQ:BGFV – Get Rating) vice president Shane O. Starr sold 3,135 shares of the company’s stock in a transaction that took place on Friday, May 13. The shares sold at an average price of $13.72 for a total transaction of $43,012.20. Following the sale, the vice president now owns 14,950 shares of the company, valued at $205,114. The sale was disclosed in a filing with the SEC available at this link.
Shares of the Big 5 Sporting Goods opened at $13.49 on Wednesday. The company’s 50-day simple moving average is $15.87 and its 200-day simple moving average is $19.54. The company has a current ratio of 1.58, a quick ratio of 0.36 and a debt to equity ratio of 0.02. The company has a market cap of $301.23 million, a P/E of 3.37 and a beta of 2.73. Big 5 Sporting Goods Co. has a 1-year low of $12.73 and a 1-year high of $47.65.
Big 5 Sporting Goods (NASDAQ:BGFV – Get Rating) last announced its earnings results on Tuesday, May 3rd. The company reported earnings per share of $0.41 for the quarter, beating analyst consensus estimates of $0.37 by $0.04. Big 5 Sporting Goods had a net margin of 7.95% and a return on equity of 33.35%.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 15th. Shareholders of record on Wednesday, June 1 will receive a dividend of $0.25. That equates to a dividend of $1.00 annually and a dividend yield of 7.41%. The ex-dividend date of this dividend is Tuesday May 31st. Big 5 Sporting Goods RTP is 25.00%.
A number of analysts recently covered the stock. Lake Street Capital lowered its target price on shares of Big 5 Sporting Goods from $31.00 to $28.00 in a report Wednesday, March 2. StockNews.com downgraded shares of the Big 5 Sporting Goods from a “buy” rating to a “hold” rating in a report Thursday, May 5.
Several major investors recently changed their stakes in the company. Virtu Financial LLC bought a new position in Big 5 Sporting Goods stock valued at $655,000 during the first quarter. The Royal Bank of Canada increased its holdings in Big 5 sporting goods shares by 5.7% in the first quarter. The Royal Bank of Canada now owns 51,093 shares of the company, valued at $876,000, after purchasing an additional 2,775 shares last quarter. Goldman Sachs Group Inc. increased its stake in Big 5 Sporting Goods by 238.9% in the first quarter. Goldman Sachs Group Inc. now owns 289,221 shares of the company’s stock valued at $4,960,000 after purchasing an additional 203,878 shares last quarter. Maverick Capital Ltd. bought a new position in Big 5 Sporting Goods stocks valued at $177,000 in Q1. Finally, State Street Corp increased its holdings of Big 5 Sporting Goods stocks by 6.2% during the first quarter. State Street Corp now owns 733,624 shares of the company’s stock valued at $12,582,000 after purchasing an additional 42,894 shares last quarter. 51.78% of the shares are currently owned by hedge funds and other institutional investors.
Big 5 sporting goods company profile (received rating)
Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The Company’s products include athletic shoes, apparel and accessories. It also offers a selection of outdoor and sports equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation and home recreation.
Receive daily news and reviews for Big 5 Sporting Goods – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Big 5 Sporting Goods and related companies with MarketBeat.com’s FREE daily email newsletter.