KD Logo

B. Riley Securities gives a Buy recommendation for Sportsman’s Warehouse Holdings Inc (SPWH)

ZOM Stock

Sportsman’s Warehouse Holdings Inc’s recent filing unveils that its CFO AND SECRETARY White Jeffrey Justin acquired Company’s shares for reported $23000.0 on Oct 02 ’24. In the deal valued at $2.30 per share,10,000 shares were bought. As a result of this transaction, White Jeffrey Justin now holds 116,326 shares worth roughly $0.2 million.

Then, Stone Paul bought 31,895 shares, generating $74,988 in total proceeds. Upon buying the shares at $2.35, the PRESIDENT AND CEO now owns 936,052 shares.

Before that, MCBEE RICHARD D bought 20,000 shares. Sportsman’s Warehouse Holdings Inc shares valued at $51,000 were divested by the Director at a price of $2.55 per share. As a result of the transaction, MCBEE RICHARD D now holds 205,608 shares, worth roughly $0.35 million.

B. Riley Securities upgraded its Sportsman’s Warehouse Holdings Inc [SPWH] rating to a Buy from a a Neutral in a research note published on December 11, 2024; the price target was increased to $4 from $2. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who began to cover the stock in early June with a ‘”a Buy”‘ rating. Craig Hallum revised its rating on April 13, 2023. It rated SPWH as “a Hold” which previously was an “a Buy”.

Price Performance Review of SPWH

On Friday, Sportsman’s Warehouse Holdings Inc [NASDAQ:SPWH] saw its stock fall -3.98% to $1.69. Over the last five days, the stock has lost -2.31%. Sportsman’s Warehouse Holdings Inc shares have fallen nearly -36.70% since the year began. Nevertheless, the stocks have fallen -56.67% over the past one year. While a 52-week high of $4.44 was reached on 01/02/25, a 52-week low of $1.67 was recorded on 02/19/25. SMA at 50 days reached $2.2132, while 200 days put it at $2.5003.

Levels Of Support And Resistance For SPWH Stock

The 24-hour chart illustrates a support level at 1.6402, which if violated will result in even more drops to 1.5903. On the upside, there is a resistance level at 1.7897. A further resistance level may holdings at 1.8893. The Relative Strength Index (RSI) on the 14-day chart is 34.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0579, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.77%. Stochastics %K at 19.76% indicates the stock is a buying.

The most recent change occurred on May 17, 2022 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $14 price target.

Most Popular