Camping World Holdings, Inc. (NYSE:CWH) CEO Sells $2,855,000.00 in Stock

Camping World Holdings, Inc. (NYSE:CWH) CEO Marcus Lemonis sold 125,000 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $22.84, for a total value of $2,855,000.00. Following the completion of the sale, the chief executive officer now directly owns 155,268 shares in the company, valued at $3,546,321.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Marcus Lemonis also recently made the following trade(s):

• On Wednesday, September 11th, Marcus Lemonis sold 121,450 shares of Camping World stock. The shares were sold at an average price of $21.80, for a total value of $2,647,610.00.

Camping World Price Performance

CWH stock opened at $23.31 on Friday. Camping World Holdings, Inc. has a 1 year low of $16.18 and a 1 year high of $28.72. The company has a debt-to-equity ratio of 10.08, a current ratio of 1.19 and a quick ratio of 0.19. The firm has a market capitalization of $1.97 billion, a PE ratio of -582.60 and a beta of 2.47. The business has a 50 day simple moving average of $21.23 and a 200-day simple moving average of $21.91.

Camping World (NYSE:CWH) last issued its earnings results on Wednesday, July 31st. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.10). The company had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.87 billion. Camping World had a negative return on equity of 10.04% and a negative net margin of 0.22%. The firm’s revenue was down 5.3% compared to the same quarter last year. During the same period last year, the business earned $0.60 earnings per share. Equities research analysts anticipate that Camping World Holdings, Inc. will post -0.61 earnings per share for the current fiscal year.

Camping World Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 25th. Shareholders of record on Friday, September 13th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.50 annualized dividend and a yield of 2.15%. Camping World’s payout ratio is -1,249.69%.

Institutional Trading of Camping World

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Eminence Capital LP lifted its holdings in Camping World by 79.8% in the second quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock valued at $77,589,000 after acquiring an additional 1,927,977 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Camping World by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 4,075,412 shares of the company’s stock valued at $113,500,000 after purchasing an additional 40,137 shares during the last quarter. Capital Research Global Investors grew its holdings in shares of Camping World by 31.2% during the 1st quarter. Capital Research Global Investors now owns 2,159,037 shares of the company’s stock worth $60,129,000 after purchasing an additional 513,320 shares during the period. Interval Partners LP grew its holdings in shares of Camping World by 98.9% during the 1st quarter. Interval Partners LP now owns 2,001,753 shares of the company’s stock worth $55,749,000 after purchasing an additional 995,096 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Camping World by 20.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 718,578 shares of the company’s stock worth $12,834,000 after purchasing an additional 121,022 shares during the last quarter. Institutional investors and hedge funds own 52.54% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. KeyCorp decreased their price objective on shares of Camping World from $26.00 to $25.00 and set an “overweight” rating on the stock in a report on Friday, August 2nd. Roth Mkm cut their price objective on Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a research note on Monday, August 5th. Truist Financial decreased their target price on Camping World from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Finally, Monness Crespi & Hardt dropped their price target on Camping World from $29.00 to $24.00 and set a “buy” rating for the company in a research report on Wednesday, June 26th. One research analyst has rated the stock with a sell rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $25.43.

About Camping World

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.