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Winnebago Industries (NYSE:WGO) traded down 2.9% during trading on Wednesday following insider selling activity, Analyst Ratings Net reports. The company traded as low as $25.58 and last traded at $25.66, with a volume of 366,927 shares changing hands. The stock had previously closed at $26.42.

Specifically, CEO Randy J. Potts sold 1,000 shares of the stock on the open market in a transaction that occurred on Tuesday, July 8th. The shares were sold at an average price of $26.50, for a total value of $26,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Separately, analysts at SunTrust initiated coverage on shares of Winnebago Industries in a research note on Wednesday. They set a “neutral” rating and a $28.00 price target on the stock.

The stock has a 50-day moving average of $24.31 and a 200-day moving average of $25.52. The company has a market cap of $694.2 million and a P/E ratio of 17.27.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Thursday, June 26th. The company reported $0.42 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.39 by $0.03. The company had revenue of $247.70 million for the quarter, compared to the consensus estimate of $248.64 million. During the same quarter in the prior year, the company posted $0.27 earnings per share. The company’s quarterly revenue was up 13.5% on a year-over-year basis. On average, analysts predict that Winnebago Industries will post $1.61 earnings per share for the current fiscal year.

Winnebago Industries, Inc, is a United States manufacturer of recreation vehicles (NYSE:WGO) used primarily in leisure travel and outdoor recreation activities.

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