Insider Buying: Camping World Holdings Inc (NYSE:CWH) Director Purchases 20,000 Shares of Stock

Camping World Holdings Inc (NYSE:CWH) Director Andris A. Baltins acquired 20,000 shares of the company’s stock in a transaction dated Monday, August 12th. The shares were purchased at an average price of $9.02 per share, for a total transaction of $180,400.00. Following the purchase, the director now directly owns 44,204 shares of the company’s stock, valued at $398,720.08. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of NYSE:CWH traded down $0.43 during midday trading on Thursday, reaching $7.62. The company had a trading volume of 17,654 shares, compared to its average volume of 981,182. The company has a debt-to-equity ratio of 264.05, a current ratio of 1.35 and a quick ratio of 0.22. The company’s fifty day simple moving average is $11.07. The stock has a market cap of $742.93 million, a PE ratio of 6.84, a P/E/G ratio of 1.41 and a beta of 2.91. Camping World Holdings Inc has a one year low of $7.98 and a one year high of $23.60.

Camping World (NYSE:CWH) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.19). The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. Camping World had a negative return on equity of 7.82% and a negative net margin of 0.37%. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.96 EPS. As a group, equities analysts anticipate that Camping World Holdings Inc will post 0.53 earnings per share for the current year.



A number of analysts have recently issued reports on CWH shares. BMO Capital Markets dropped their price objective on shares of Camping World from $11.00 to $9.00 and set a “market perform” rating on the stock in a research note on Friday, August 9th. Zacks Investment Research upgraded shares of Camping World from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 7th. Monness Crespi & Hardt reiterated a “buy” rating and set a $14.00 price objective (down previously from $19.00) on shares of Camping World in a research note on Thursday, August 8th. Robert W. Baird lowered shares of Camping World from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $18.00 to $12.00 in a research note on Friday, July 26th. Finally, JPMorgan Chase & Co. lowered shares of Camping World from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $19.00 to $11.00 in a research note on Thursday, August 8th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the stock. Camping World currently has an average rating of “Hold” and an average price target of $13.68.

Several large investors have recently modified their holdings of the stock. Legal & General Group Plc increased its stake in shares of Camping World by 6.4% in the fourth quarter. Legal & General Group Plc now owns 12,426 shares of the company’s stock worth $143,000 after buying an additional 745 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Camping World by 2.6% in the first quarter. Janney Montgomery Scott LLC now owns 30,365 shares of the company’s stock worth $422,000 after buying an additional 756 shares during the last quarter. Alpine Woods Capital Investors LLC increased its stake in shares of Camping World by 3.1% in the first quarter. Alpine Woods Capital Investors LLC now owns 50,300 shares of the company’s stock worth $700,000 after buying an additional 1,500 shares during the last quarter. Oppenheimer Asset Management Inc. increased its stake in shares of Camping World by 14.9% in the first quarter. Oppenheimer Asset Management Inc. now owns 13,571 shares of the company’s stock worth $189,000 after buying an additional 1,759 shares during the last quarter. Finally, CSat Investment Advisory L.P. bought a new stake in shares of Camping World in the second quarter worth $26,000. Institutional investors and hedge funds own 40.00% of the company’s stock.

Camping World Company Profile

Camping World Holdings, Inc, through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.

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Insider Buying and Selling by Quarter for Camping World (NYSE:CWH)

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