Centiva Capital LP Has $54,000 Stake in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH)

Centiva Capital LP lowered its position in Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) by 78.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,000 shares of the company’s stock after selling 72,333 shares during the period. Centiva Capital LP owned 0.05% of Sportsman’s Warehouse worth $54,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Ground Swell Capital LLC bought a new position in Sportsman’s Warehouse in the 3rd quarter valued at $28,000. Point72 DIFC Ltd bought a new stake in shares of Sportsman’s Warehouse during the second quarter worth $40,000. Abacus Planning Group Inc. acquired a new stake in shares of Sportsman’s Warehouse in the third quarter valued at $55,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Sportsman’s Warehouse in the second quarter valued at about $146,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in Sportsman’s Warehouse during the 3rd quarter worth about $168,000. 83.04% of the stock is owned by institutional investors and hedge funds.

Sportsman’s Warehouse Stock Down 1.1 %

Shares of Sportsman’s Warehouse stock opened at $2.59 on Friday. The company has a market capitalization of $98.03 million, a P/E ratio of -2.94 and a beta of 0.59. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.22 and a quick ratio of 0.07. The business has a 50-day moving average of $2.48 and a two-hundred day moving average of $2.51. Sportsman’s Warehouse Holdings, Inc. has a 1 year low of $1.81 and a 1 year high of $4.62.

Analysts Set New Price Targets

SPWH has been the subject of several research reports. Lake Street Capital lowered their price objective on shares of Sportsman’s Warehouse from $5.00 to $3.00 and set a “buy” rating for the company in a research report on Wednesday, September 4th. Roth Mkm lowered their price target on shares of Sportsman’s Warehouse from $5.00 to $3.50 and set a “buy” rating for the company in a report on Tuesday, September 10th. B. Riley raised Sportsman’s Warehouse from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $2.00 to $4.00 in a report on Wednesday. Craig Hallum reduced their target price on shares of Sportsman’s Warehouse from $4.00 to $3.00 and set a “hold” rating on the stock in a research note on Wednesday, September 4th. Finally, StockNews.com raised Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a research note on Saturday, November 30th. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Sportsman’s Warehouse presently has an average rating of “Moderate Buy” and an average price target of $3.20.

About Sportsman’s Warehouse

Sportsman's Warehouse Holdings, Inc, together with its subsidiaries, operates as an outdoor sporting goods retailer in the United States. It offers camping products, such as backpacks, camp essentials, canoes and kayaks, coolers, outdoor cooking equipment, sleeping bags, tents, and tools; and apparel products, including camouflage, jackets, hats, outerwear, sportswear, technical gear, and work wear.