November 29, 2016 - By Vivian Park
director, Nicholas Donatiello is the Big 5 Sporting Goods Corp’s insider who sold shares of Big 5 Sporting Goods Corp, 2,500 to be exact. Nicholas Donatiello’s shares were based on an average share price of $19.6, with the insider transaction worth near $49,075 USD. The date of trade was November 29, 2016, and it was revealed in a SEC-filed document, which you can see here. At the moment, Nicholas Donatiello has in hand 8,665 shares or about 0.04% of Big 5 Sporting Goods Corp’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding).
Out of 2 analysts covering Big 5 Sporting Goods Corp (NASDAQ:BGFV), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $18 is the highest target while $9 is the lowest. The $14.83 average target is -22.56% below today’s ($19.15) stock price. Big 5 Sporting Goods Corp has been the topic of 6 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) has “Buy” rating given on Wednesday, November 2 by Deutsche Bank. The stock has “Hold” rating given by Deutsche Bank on Wednesday, October 28. The stock has “Buy” rating given by Stifel Nicolaus on Monday, February 8. The company was upgraded on Thursday, October 6 by Deutsche Bank.
Insitutional Activity: The institutional sentiment increased to 1.74 in 2016 Q2. Its up 0.76, from 0.98 in 2016Q1. The ratio improved, as 20 funds sold all Big 5 Sporting Goods Corporation shares owned while 27 reduced positions. 8 funds bought stakes while 38 increased positions. They now own 16.37 million shares or 3.66% less from 16.99 million shares in 2016Q1.
Moreover, Vanguard Grp Inc has 0% invested in Big 5 Sporting Goods Corporation (NASDAQ:BGFV) for 879,828 shares. Prudential Fincl holds 69,569 shares or 0% of its portfolio. Moreover, Tiaa Cref Investment Mngmt Ltd Limited Liability Company has 0% invested in Big 5 Sporting Goods Corporation (NASDAQ:BGFV) for 71,743 shares. Royal State Bank Of Canada owns 8,670 shares or 0% of their US portfolio. Pub Sector Pension Board, a Quebec – Canada-based fund reported 12,918 shares. Capstone Asset Management, a Texas-based fund reported 29,150 shares. Envestnet Asset Management Incorporated holds 0% of its portfolio in Big 5 Sporting Goods Corporation (NASDAQ:BGFV) for 2,206 shares. Gsa Partners Llp last reported 0.12% of its portfolio in the stock. State Street owns 444,528 shares or 0% of their US portfolio. California Public Employees Retirement Systems holds 0% of its portfolio in Big 5 Sporting Goods Corporation (NASDAQ:BGFV) for 128,800 shares. Guggenheim Ltd Liability last reported 275,341 shares in the company. State Board Of Administration Of Florida Retirement last reported 22,857 shares in the company. Texas Permanent School Fund last reported 14,040 shares in the company. Bridgeway reported 266,148 shares or 0.04% of all its holdings. Teton Inc reported 287,500 shares or 0.24% of all its holdings.
Insider Transactions: Since August 4, 2016, the stock had 0 buys, and 45 insider sales for $32.54 million net activity. On Wednesday, August 24 STADIUM CAPITAL QUALIFIED PARTNERS LP sold $19,758 worth of the stock or 1,542 shares. $16,979 worth of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) was sold by FRALEY JEFFREY L on Monday, August 29. $197,200 worth of shares were sold by HONEYCUTT VAN B on Monday, November 14. Another trade for 1,871 shares valued at $35,624 was made by Clark Boyd O on Friday, November 11. MILLER STEVEN G sold 17,781 shares worth $342,640. On Thursday, November 3 EMERSON BARRY sold $247,690 worth of the stock or 14,011 shares. The insider Jessick David sold 18,000 shares worth $321,795.
About 746,752 shares traded hands or 22.44% up from the average. Big 5 Sporting Goods Corporation (NASDAQ:BGFV) has risen 59.95% since April 26, 2016 and is uptrending. It has outperformed by 54.69% the S&P500.
Big 5 Sporting Goods Corporation is a sporting goods retailer in the western United States. The company has a market cap of $412.89 million. The Firm offers a range of products in a sporting goods store format that averages approximately 11,000 square feet. It has a 30.86 P/E ratio. The Firm also offers products online through its e-commerce platform.
According to Zacks Investment Research, “Big 5 Sporting Goods is a leading sporting goods retailer in the western United States, operating stores under the name Â“Big 5 Sporting Goods.Â””
Analysts await Big 5 Sporting Goods Corporation (NASDAQ:BGFV) to report earnings on March, 7. They expect $0.30 earnings per share, up 36.36% or $0.08 from last year’s $0.22 per share. BGFV’s profit will be $6.47 million for 15.96 P/E if the $0.30 EPS becomes a reality. After $0.41 actual earnings per share reported by Big 5 Sporting Goods Corporation for the previous quarter, Wall Street now forecasts -26.83% negative EPS growth.
More recent Big 5 Sporting Goods Corporation (NASDAQ:BGFV) news were published by: Fool.com which released: “Why Big 5 Sporting Goods Corporation Stock Surged 14% Last Month” on November 05, 2016. Also Globenewswire.com published the news titled: “Big 5 Sporting Goods Corporation Announces Fiscal 2016 Second Quarter Results” on August 02, 2016. Money.Cnn.com‘s news article titled: “Big 5 Sporting Goods Corporation Announces Fiscal 2015 Fourth Quarter and Full ..” with publication date: January 14, 2016 was also an interesting one.
Big 5 Sporting Goods Corporation, incorporated on October 31, 1997, is a sporting goods retailer in the western United States. The Firm offers a range of products in a sporting goods store format that averages approximately 11,000 square feet. The Firm also offers products online through its e-commerce platform. The Company’s product mix includes athletic shoes, apparel and accessories, as well as a range of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports. The Firm purchases merchandise from sporting goods equipment manufacturers, athletic footwear manufacturers and apparel manufacturers. It offers products of brands, such as adidas, Crocs, Franklin, JanSport, Rawlings, Spalding, Asics, Crosman, Head, Lifetime, Razor, Speedo, Bearpaw, Dickies, Heelys, Mizuno, Rollerblade, Timex, Bushnell, Easton, Hillerich & Bradsby, Mossberg and Russell Athletic.
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By Vivian Park