XTX Topco Ltd Purchases Shares of 39,474 Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH)

XTX Topco Ltd acquired a new position in shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 39,474 shares of the company’s stock, valued at approximately $107,000.

A number of other large investors have also recently made changes to their positions in SPWH. Ground Swell Capital LLC purchased a new position in Sportsman’s Warehouse in the third quarter worth approximately $28,000. Point72 DIFC Ltd acquired a new stake in shares of Sportsman’s Warehouse in the 2nd quarter valued at $40,000. Abacus Planning Group Inc. purchased a new stake in shares of Sportsman’s Warehouse during the 3rd quarter worth $55,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Sportsman’s Warehouse during the second quarter worth $146,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in Sportsman’s Warehouse in the third quarter valued at $168,000. 83.04% of the stock is currently owned by hedge funds and other institutional investors.

Sportsman’s Warehouse Price Performance

Shares of NASDAQ:SPWH opened at $2.29 on Friday. Sportsman’s Warehouse Holdings, Inc. has a one year low of $1.81 and a one year high of $4.62. The stock has a market capitalization of $86.92 million, a price-to-earnings ratio of -2.60 and a beta of 0.59. The company has a 50-day simple moving average of $2.44 and a 200-day simple moving average of $2.46. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.07 and a current ratio of 1.20.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on SPWH shares. Craig Hallum lowered their price objective on Sportsman’s Warehouse from $4.00 to $3.00 and set a “hold” rating for the company in a research report on Wednesday, September 4th. StockNews.com raised Sportsman’s Warehouse from a “sell” rating to a “hold” rating in a report on Saturday, November 30th. B. Riley raised shares of Sportsman’s Warehouse from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $2.00 to $4.00 in a report on Wednesday, December 11th. Roth Mkm lowered their target price 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. Finally, Lake Street Capital cut their price target on shares of Sportsman’s Warehouse from $5.00 to $3.00 and set a “buy” rating on the stock in a research note on Wednesday, September 4th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $3.20.

Sportsman’s Warehouse Company Profile

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.