The stock of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) is a huge mover today! About 234,424 shares traded hands. Big 5 Sporting Goods Corporation (NASDAQ:BGFV) has risen 69.31% since April 14, 2016 and is uptrending. It has outperformed by 64.63% the S&P500.
The move comes after 9 months positive chart setup for the $425.76M company. It was reported on Nov, 16 by Barchart.com. We have $53.06 PT which if reached, will make NASDAQ:BGFV worth $715.28 million more.
Big 5 Sporting Goods Corporation (NASDAQ:BGFV) Ratings Coverage
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. Big 5 Sporting Goods Corp has been the topic of 6 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The company was upgraded on Thursday, October 6 by Deutsche Bank. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, October 28 report. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, November 2. The stock of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) has “Buy” rating given on Monday, February 8 by Stifel Nicolaus.
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””
Insitutional Activity: The institutional sentiment decreased to 0.98 in 2016 Q2. Its down 0.29, from 1.27 in 2016Q1. The ratio worsened, 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.
Bnp Paribas Arbitrage reported 5,592 shares or 0% of all its holdings. Pacific Ridge Prtn Limited Com holds 431,290 shares or 1.81% of its portfolio. Los Angeles Capital And Equity Research Inc holds 0% or 51,605 shares in its portfolio. Parametric Assocs Limited Co holds 0% of its portfolio in Big 5 Sporting Goods Corporation (NASDAQ:BGFV) for 194,427 shares. Cornerstone Mngmt Holdings Limited Liability Corp holds 0% of its portfolio in Big 5 Sporting Goods Corporation (NASDAQ:BGFV) for 60,400 shares. Capstone Asset holds 0.01% or 29,150 shares in its portfolio. Trexquant L P reported 12,079 shares or 0.01% of all its holdings. Acadian Asset Management Ltd Liability has invested 0% of its portfolio in Big 5 Sporting Goods Corporation (NASDAQ:BGFV). State Common Retirement Fund has invested 0% of its portfolio in Big 5 Sporting Goods Corporation (NASDAQ:BGFV). Foundry Ptnrs Limited Com last reported 129,863 shares in the company. Ameriprise Fincl has 87,884 shares for 0% of their US portfolio. Panagora Asset Management Inc accumulated 8,143 shares or 0% of the stock. Strs Ohio reported 67,600 shares or 0% of all its holdings. The Texas-based Dimensional Fund Ltd Partnership has invested 0.01% in Big 5 Sporting Goods Corporation (NASDAQ:BGFV). Employees Retirement Association Of Colorado reported 11,496 shares or 0% of all its holdings.
Insider Transactions: Since August 4, 2016, the stock had 0 insider buys, and 43 insider sales for $31.80 million net activity. STADIUM CAPITAL QUALIFIED PARTNERS LP also sold $23,767 worth of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) shares. Another trade for 106,194 shares valued at $1.34 million was made by STADIUM CAPITAL MANAGEMENT LLC on Thursday, August 4. MEADE GARY S sold $24,458 worth of stock. 1,550 Big 5 Sporting Goods Corporation (NASDAQ:BGFV) shares with value of $19,763 were sold by Starr Shane O. $197,200 worth of shares were sold by HONEYCUTT VAN B on Monday, November 14. Jessick David also sold $321,795 worth of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) on Thursday, November 3. FRALEY JEFFREY L had sold 1,338 shares worth $16,979.
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 Thestreet.com published the news titled: “Commit To Buy Big 5 Sporting Goods Corp At $12.50, Earn 15.8% Annualized Using …” on September 13, 2016. Globenewswire.com‘s news article titled: “Big 5 Sporting Goods Corporation Announces Fiscal 2016 Second Quarter Results” with publication date: August 02, 2016 was also an interesting one.
BGFV Company Profile
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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