Selling by Marcus Lemonis of 272,097 shares of Camping World Holdings, Inc.

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On November 22, Camping World Holdings, Inc. (NYSE:CWH) CEO Marcus Lemonis sold 272,097 shares of the company’s stock. $7,498,993.32 in total was traded, or an average of $27.56 per share. Following the transaction, the CEO now directly owns 600,171 shares of the company’s stock, worth $16,540,712.76. You can access a document that describes the sale and was submitted to the SEC by clicking this link.

The most recent quarterly earnings report from Camping World (NYSE:CWH) was made public on November 1. The company’s $0.93 per share earnings for the quarter fell short of the $1.12 average analyst estimate by $0.19. For the quarter, analysts expected the corporation to bring in $1.82 billion in revenue; in actuality, $1.86 billion was earned. For Camping World, the return on equity was 65.7%, while the net margin was 2.79%. Research analysts predict that Camping World Holdings, Inc. will produce an average of 3.78 EPS for the current fiscal year.
A quarterly dividend has also been issued by the corporation and will be paid on December 29. Those investors who have records as of December 14 will get a $0.625 dividend. The ex-dividend date for this dividend is Tuesday, December 13. This results in a $2.50 dividend with an 8.95% yield on an annual basis. Camping World’s current dividend payout ratio is 55.07%.

NYSE:CWH shares decreased $0.13 on Friday to end the day at $27.92. The company’s stock had trading activity of 174,553 shares as opposed to its typical volume of 1,224,835 shares. The stock has a $2.33 billion market cap, a PE ratio of 6.18, and a beta value of 2.60. Camping World Holdings, Inc.’s 12-month low and 12-month high are $20.85 and $46.77, respectively. The current quick, current, and debt-to-equity ratios for the company are 4.40, 0.25, and 1.42, respectively. Simple moving averages over the past 50 and 200 days for the company are $26.71 and $27.07, respectively.

Shares of CWH were recently purchased and sold by numerous hedge funds and institutional investors. Advisor Group Holdings Inc. grew its holdings in Camping World by 31.4% during the first quarter. Advisor Group Holdings Inc. now owns 12,102 shares of the company’s stock, worth $775,000, after acquiring an additional 2,895 shares over the last three months. In the second quarter, CIBC Private Wealth Group LLC increased its Camping World holding by almost $786,000. Matrix Private Capital Group LLC boosted its stake in Camping World by 26.9% during the first quarter. In comparison to two years ago, Matrix Private Capital Group LLC currently holds 4,350 more shares of the company with a total market value of $574,000 more. Adirondack Retirement Specialists Inc. boosted its stake in Camping World by 196.3% during the second quarter. Adirondack Retirement Specialists Inc. increased the number of shares it bought by 398,192 in the most recent quarter, bringing its total share purchases to 601,035 at a cost of $13,962,000. Last but not least, Trek Financial LLC boosted its stake in Camping World by about $3,062,000 in the first quarter. 38.15% of the stock is held by hedge funds and other institutional investors.

The stock was recently discussed by a number of stock analysts. Monness Crespi & Hardt raised their price target on shares of Camping World from $32.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday, August 4th. JPMorgan Chase & Co. reduced their price objective on Camping World from $46.00 to $37.00 in a research report released on November 3rd and rated the stock as “overweight.” A post launching StockNews.com’s coverage of Camping World was released on Wednesday, October 12. They rated the stock as a “keep.” In a research note released on Friday, September 23, Truist Financial dropped its “hold” recommendation for Camping World and its price objective for the firm from $30.00 to $25.00. The Street upgraded Camping World from a “c+” rating to a “b-” rating in a research note on Friday, August 12. While four analysts recommended holding the stock, three analysts gave the company’s shares a buy rating. The current consensus target price for Camping World is $32.83, and the company now has an average “Hold” rating.

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