Camping World Holdings, Inc. (NYSE:CWH) CEO Sells $2,855,000.00 in Stock

Camping World Holdings, Inc. (NYSE:CWH) CEO Marcus Lemonis sold 125,000 shares of the firm’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $22.84, for a total value of $2,855,000.00. Following the sale, the chief executive officer now directly owns 155,268 shares in the company, valued at approximately $3,546,321.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Marcus Lemonis also recently made the following trade(s):

• On Wednesday, September 11th, Marcus Lemonis sold 121,450 shares of Camping World stock. The shares were sold at an average price of $21.80, for a total value of $2,647,610.00.

Camping World Trading Up 5.3 %

Shares of NYSE:CWH opened at $23.31 on Monday. Camping World Holdings, Inc. has a 52-week low of $16.18 and a 52-week high of $28.72. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of -582.60 and a beta of 2.47. The company has a quick ratio of 0.19, a current ratio of 1.19 and a debt-to-equity ratio of 10.08. The business has a 50-day moving average price of $21.23 and a 200-day moving average price of $21.84.

Camping World (NYSE:CWH) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.10). Camping World had a negative return on equity of 10.04% and a negative net margin of 0.22%. The firm had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter in the previous year, the business earned $0.60 earnings per share. The company’s revenue for the quarter was down 5.3% compared to the same quarter last year. Equities analysts predict that Camping World Holdings, Inc. will post -0.61 EPS for the current year.

Camping World Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 25th. Investors of record on Friday, September 13th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.15%. The ex-dividend date is Friday, September 13th. Camping World’s dividend payout ratio is currently -1,249.69%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CWH. Eminence Capital LP raised its position in Camping World by 79.8% during the second quarter. Eminence Capital LP now owns 4,344,303 shares of the company’s stock valued at $77,589,000 after acquiring an additional 1,927,977 shares in the last quarter. Interval Partners LP raised its position in Camping World by 98.9% during the first quarter. Interval Partners LP now owns 2,001,753 shares of the company’s stock valued at $55,749,000 after acquiring an additional 995,096 shares in the last quarter. Capital Research Global Investors grew its holdings in Camping World by 31.2% in the first quarter. Capital Research Global Investors now owns 2,159,037 shares of the company’s stock valued at $60,129,000 after purchasing an additional 513,320 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in Camping World in the first quarter valued at approximately $9,403,000. Finally, Castleark Management LLC acquired a new stake in Camping World in the first quarter valued at approximately $5,028,000. 52.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CWH. Monness Crespi & Hardt lowered their price target on Camping World from $29.00 to $24.00 and set a “buy” rating for the company in a report on Wednesday, June 26th. KeyCorp lowered their price target on Camping World from $26.00 to $25.00 and set an “overweight” rating for the company in a report on Friday, August 2nd. Roth Mkm lowered their price target on Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a report on Monday, August 5th. Finally, Truist Financial lowered their price target on Camping World from $28.00 to $26.00 and set a “buy” rating for the company in a report on Friday, August 2nd. One research analyst has rated the stock with a sell rating and six have given a buy rating to the stock. According to data from MarketBeat.com, Camping World presently has an average rating of “Moderate Buy” and an average target price of $25.43.

Camping World Company Profile

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.