Insider Selling: BJs Wholesale Club Holdings Inc (NYSE:BJ) EVP Sells 10,000 Shares of Stock

BJs Wholesale Club Holdings Inc (NYSE:BJ) EVP Brian Poulliot sold 10,000 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $23.70, for a total value of $237,000.00. Following the completion of the transaction, the executive vice president now directly owns 117,092 shares in the company, valued at $2,775,080.40. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Brian Poulliot also recently made the following trade(s):

  • On Tuesday, October 1st, Brian Poulliot sold 10,000 shares of BJs Wholesale Club stock. The shares were sold at an average price of $25.37, for a total value of $253,700.00.

Shares of BJ traded down $0.17 during midday trading on Wednesday, reaching $23.72. 1,525,693 shares of the company were exchanged, compared to its average volume of 1,945,262. The stock has a 50-day moving average price of $25.54 and a 200-day moving average price of $25.15. The company has a market cap of $3.25 billion, a price-to-earnings ratio of 20.81, a P/E/G ratio of 1.40 and a beta of 1.32. BJs Wholesale Club Holdings Inc has a 1-year low of $19.67 and a 1-year high of $29.41.

BJs Wholesale Club (NYSE:BJ) last issued its earnings results on Thursday, November 21st. The company reported $0.41 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.01. The company had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $3.30 billion. BJs Wholesale Club had a negative return on equity of 137.06% and a net margin of 1.60%. The company’s revenue was up .1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 earnings per share. Analysts anticipate that BJs Wholesale Club Holdings Inc will post 1.47 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in the stock. First Trust Advisors LP lifted its holdings in BJs Wholesale Club by 0.8% in the 1st quarter. First Trust Advisors LP now owns 115,218 shares of the company’s stock worth $3,157,000 after buying an additional 955 shares in the last quarter. First Quadrant L P CA acquired a new position in shares of BJs Wholesale Club in the second quarter worth about $268,000. Quantitative Systematic Strategies LLC purchased a new position in BJs Wholesale Club in the second quarter valued at about $755,000. ARP Americas LP purchased a new position in BJs Wholesale Club in the second quarter valued at about $251,000. Finally, Los Angeles Capital Management & Equity Research Inc. grew its stake in BJs Wholesale Club by 42.8% during the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 28,205 shares of the company’s stock valued at $745,000 after purchasing an additional 8,455 shares in the last quarter.

A number of equities research analysts have issued reports on BJ shares. ValuEngine raised BJs Wholesale Club from a “sell” rating to a “hold” rating in a research report on Tuesday. Nomura assumed coverage on BJs Wholesale Club in a research note on Friday, November 8th. They issued a “buy” rating and a $30.00 price objective on the stock. Morgan Stanley lifted their price objective on BJs Wholesale Club from $28.00 to $29.00 and gave the company an “equal weight” rating in a research note on Friday, August 23rd. UBS Group boosted their target price on BJs Wholesale Club from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, August 23rd. Finally, Deutsche Bank increased their target price on shares of BJs Wholesale Club from $29.00 to $31.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $30.36.

BJs Wholesale Club Company Profile

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.

Read More: Market Capitalization in the Stock Market

Insider Buying and Selling by Quarter for BJs Wholesale Club (NYSE:BJ)

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