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Smith & Wesson Holding Corp (NASDAQ:SWHC) Insider Mark Peter Smith sold 19,667 shares of the company’s stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of $15.30, for a total value of $300,905.10. Following the completion of the transaction, the insider now directly owns 41,987 shares of the company’s stock, valued at approximately $642,401. The sale was disclosed in a document filed with the SEC, which is available at this link.

Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Smith & Wesson Holding Corp from an “outperform” rating to a “neutral” rating in a research note on Monday. They now have a $18.40 price target on the stock. Separately, analysts at Cowen and Company raised their price target on shares of Smith & Wesson Holding Corp from $17.00 to $20.50 in a research note on Friday, June 20th. They now have an “outperform” rating on the stock. Finally, analysts at Northland Securities reiterated an “outperform” rating on shares of Smith & Wesson Holding Corp in a research note on Friday, June 20th. They now have a $20.00 price target on the stock, down previously from $21.00. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company’s stock. Smith & Wesson Holding Corp currently has an average rating of “Buy” and a consensus target price of $17.39.

Shares of Smith & Wesson Holding Corp (NASDAQ:SWHC) traded up 0.54% during mid-day trading on Wednesday, hitting $14.97. The stock had a trading volume of 1,855,941 shares. Smith & Wesson Holding Corp has a 52-week low of $9.81 and a 52-week high of $17.28. The stock’s 50-day moving average is $15.92 and its 200-day moving average is $14.21. The company has a market cap of $828.6 million and a P/E ratio of 10.05.

Smith & Wesson Holding Corp (NASDAQ:SWHC) last posted its quarterly earnings results on Thursday, June 19th. The company reported $0.44 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.39 by $0.05. The company had revenue of $170.40 million for the quarter, compared to the consensus estimate of $163.56 million. During the same quarter in the prior year, the company posted $0.44 earnings per share. The company’s quarterly revenue was down 4.6% on a year-over-year basis. On average, analysts predict that Smith & Wesson Holding Corp will post $1.38 earnings per share for the current fiscal year.

Smith & Wesson Holding Corporation (NASDAQ:SWHC) is a manufacturer of firearms.

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