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Smith & Wesson Holding Corp (NASDAQ:SWHC) Insider Mario Pasantes sold 14,666 shares of the stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $14.76, for a total value of $216,470.16. Following the transaction, the insider now directly owns 35,437 shares of the company’s stock, valued at approximately $523,050. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Smith & Wesson Holding Corp (NASDAQ:SWHC) traded down 1.57% during mid-day trading on Friday, hitting $14.39. 2,296,167 shares of the company’s stock traded hands. Smith & Wesson Holding Corp has a 1-year low of $9.89 and a 1-year high of $17.28. The stock’s 50-day moving average is $15.86 and its 200-day moving average is $14.23. The company has a market cap of $796.5 million and a price-to-earnings ratio of 9.87.

Smith & Wesson Holding Corp (NASDAQ:SWHC) last released its earnings data on Thursday, June 19th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.44 earnings per share. The company’s revenue for the quarter 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.

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 equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $17.39.

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

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