BJs Wholesale Club Holdings Inc (NYSE:BJ) EVP Lee Delaney Sells 10,000 Shares

BJs Wholesale Club Holdings Inc (NYSE:BJ) EVP Lee Delaney sold 10,000 shares of the stock in a transaction dated Friday, July 5th. The shares were sold at an average price of $25.73, for a total transaction of $257,300.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Lee Delaney also recently made the following trade(s):

  • On Friday, June 7th, Lee Delaney sold 10,000 shares of BJs Wholesale Club stock. The shares were sold at an average price of $24.74, for a total transaction of $247,400.00.
  • On Wednesday, May 8th, Lee Delaney sold 10,000 shares of BJs Wholesale Club stock. The shares were sold at an average price of $25.87, for a total transaction of $258,700.00.

Shares of NYSE:BJ opened at $23.59 on Friday. The company has a market capitalization of $3.31 billion and a price-to-earnings ratio of 19.83. BJs Wholesale Club Holdings Inc has a twelve month low of $19.31 and a twelve month high of $32.92. The stock’s 50-day simple moving average is $25.35.



BJs Wholesale Club (NYSE:BJ) last issued its earnings results on Thursday, May 23rd. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.01. BJs Wholesale Club had a net margin of 1.14% and a negative return on equity of 72.36%. The firm had revenue of $3.07 billion during the quarter, compared to analyst estimates of $3.12 billion. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. Analysts anticipate that BJs Wholesale Club Holdings Inc will post 1.48 earnings per share for the current fiscal year.

Institutional investors have recently made changes to their positions in the company. Tealwood Asset Management Inc. purchased a new stake in shares of BJs Wholesale Club in the first quarter worth about $2,995,000. NumerixS Investment Technologies Inc lifted its holdings in shares of BJs Wholesale Club by 270.8% in the first quarter. NumerixS Investment Technologies Inc now owns 17,800 shares of the company’s stock worth $482,000 after buying an additional 13,000 shares in the last quarter. LGT Capital Partners LTD. lifted its holdings in shares of BJs Wholesale Club by 73.3% in the first quarter. LGT Capital Partners LTD. now owns 65,000 shares of the company’s stock worth $1,781,000 after buying an additional 27,500 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of BJs Wholesale Club by 68.0% in the first quarter. Rhumbline Advisers now owns 169,067 shares of the company’s stock worth $4,632,000 after buying an additional 68,460 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of BJs Wholesale Club by 60.4% in the fourth quarter. Bank of New York Mellon Corp now owns 305,953 shares of the company’s stock worth $6,779,000 after buying an additional 115,176 shares in the last quarter. 89.01% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have weighed in on BJ shares. Zacks Investment Research upgraded shares of HAYS PLC/ADR from a “sell” rating to a “hold” rating in a research report on Tuesday, June 18th. Morgan Stanley set a $28.00 target price on shares of BJs Wholesale Club and gave the stock a “hold” rating in a research report on Friday, May 24th. Evercore ISI started coverage on shares of Polarityte in a research report on Wednesday, March 20th. They set an “outperform” rating and a $26.00 target price for the company. Wells Fargo & Co started coverage on shares of Propetro in a research report on Friday, March 29th. They set an “outperform” rating for the company. Finally, Goldman Sachs Group upgraded shares of Altria Group from a “neutral” rating to a “buy” rating and set a $59.00 target price for the company in a research report on Thursday. One investment analyst has rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $30.79.

About BJs Wholesale Club

BJ's Wholesale Club Holdings, Inc operates as a warehouse club on the East Coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products. The company also sells electronics, computers, office supplies and equipment, home products, health and beauty aids, sporting goods, outdoor living, baby products, toys, and jewelry through Website.

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