Marcus Lemonis Sells 100,695 Shares of Camping World Holdings Inc. (CWH) Stock
Camping World Holdings Inc. (NYSE:CWH) CEO Marcus Lemonis sold 100,695 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $40.50, for a total transaction of $4,078,147.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Marcus Lemonis also recently made the following trade(s):
- On Monday, October 30th, Marcus Lemonis sold 700,000 shares of Camping World Holdings stock. The stock was sold at an average price of $40.50, for a total transaction of $28,350,000.00.
Camping World Holdings Inc. (CWH) traded up $0.41 during trading hours on Friday, hitting $42.70. 1,144,224 shares of the company’s stock traded hands, compared to its average volume of 823,882. The firm has a market cap of $3.69 billion and a price-to-earnings ratio of 18.37.
Camping World Holdings (NYSE:CWH) last posted its quarterly earnings results on Thursday, August 10th. The company reported $0.84 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.15. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.16 billion. Camping World Holdings had a net margin of 2.51% and a negative return on equity of 319.74%. The company’s quarterly revenue was up 20.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.65 earnings per share. equities analysts expect that Camping World Holdings Inc. will post 2.14 EPS for the current year.
ILLEGAL ACTIVITY NOTICE: This piece was first posted by American Banking News and is the property of of American Banking News. If you are accessing this piece on another website, it was illegally stolen and republished in violation of international trademark & copyright laws. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2017/11/03/marcus-lemonis-sells-100695-shares-of-camping-world-holdings-inc-cwh-stock.html.
A number of research analysts have weighed in on the stock. Robert W. Baird reissued a “buy” rating and issued a $40.00 target price on shares of Camping World Holdings in a research note on Friday, October 27th. Stephens raised their target price on shares of Camping World Holdings from $44.00 to $50.00 and gave the stock an “overweight” rating in a research note on Monday. Forward View raised shares of Camping World Holdings from a “hold” rating to a “buy” rating in a research note on Monday, August 14th. BMO Capital Markets lifted their price target on shares of Camping World Holdings from $36.00 to $40.00 and gave the company an “outperform” rating in a research report on Monday, August 14th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and set a $45.00 price target (up previously from $43.00) on shares of Camping World Holdings in a research report on Tuesday. Thirteen investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $41.88.
Several hedge funds have recently modified their holdings of CWH. Bamco Inc. NY grew its stake in shares of Camping World Holdings by 93.7% during the second quarter. Bamco Inc. NY now owns 2,130,600 shares of the company’s stock worth $65,729,000 after purchasing an additional 1,030,600 shares in the last quarter. Citadel Advisors LLC grew its stake in shares of Camping World Holdings by 347.5% during the second quarter. Citadel Advisors LLC now owns 965,923 shares of the company’s stock worth $29,799,000 after purchasing an additional 750,059 shares in the last quarter. Eagle Asset Management Inc. grew its stake in shares of Camping World Holdings by 190.6% during the second quarter. Eagle Asset Management Inc. now owns 1,098,018 shares of the company’s stock worth $33,873,000 after purchasing an additional 720,235 shares in the last quarter. Marshall Wace North America L.P. acquired a new position in shares of Camping World Holdings during the second quarter worth $17,892,000. Finally, Voya Investment Management LLC grew its stake in shares of Camping World Holdings by 73.9% during the second quarter. Voya Investment Management LLC now owns 1,104,837 shares of the company’s stock worth $34,084,000 after purchasing an additional 469,558 shares in the last quarter. Hedge funds and other institutional investors own 31.59% of the company’s stock.
Camping World Holdings Company Profile
Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co branded credit cards; vehicle financing and refinancing; club memberships, and publications and directories.
Receive News & Ratings for Camping World Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.