Insider Buying: Camping World Holdings Inc (CWH) CEO Purchases 5,700 Shares of Stock

Camping World Holdings Inc (NYSE:CWH) CEO Marcus Lemonis purchased 5,700 shares of the stock in a transaction dated Friday, November 9th. The shares were purchased at an average cost of $17.59 per share, for a total transaction of $100,263.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

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

  • On Friday, September 14th, Marcus Lemonis purchased 25,000 shares of Camping World stock. The shares were purchased at an average cost of $19.74 per share, for a total transaction of $493,500.00.

Shares of CWH opened at $17.03 on Friday. The stock has a market capitalization of $1.61 billion, a P/E ratio of 8.68, a P/E/G ratio of 0.70 and a beta of 1.91. Camping World Holdings Inc has a 12-month low of $16.40 and a 12-month high of $47.62. The company has a debt-to-equity ratio of 8.47, a quick ratio of 0.35 and a current ratio of 1.48.

Camping World (NYSE:CWH) last issued its quarterly earnings data on Tuesday, November 6th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.13). The company had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Camping World had a negative net margin of 0.42% and a positive return on equity of 148.83%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.76 earnings per share. Analysts expect that Camping World Holdings Inc will post 2.23 earnings per share for the current year.

CWH has been the topic of several recent research reports. ValuEngine cut shares of Camping World from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 25th. Zacks Investment Research lowered shares of Camping World from a “hold” rating to a “strong sell” rating in a report on Thursday, September 6th. JPMorgan Chase & Co. reduced their price objective on shares of Camping World from $42.00 to $36.00 and set an “overweight” rating on the stock in a report on Wednesday, August 15th. Wells Fargo & Co reduced their price objective on shares of Camping World from $33.00 to $28.00 and set an “outperform” rating on the stock in a report on Wednesday. Finally, Monness Crespi & Hardt reduced their price objective on shares of Camping World from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $37.92.

Institutional investors and hedge funds have recently modified their holdings of the stock. Mount Yale Investment Advisors LLC purchased a new stake in Camping World during the second quarter worth about $166,000. WINTON GROUP Ltd purchased a new stake in Camping World during the first quarter worth about $228,000. Atria Investments LLC purchased a new stake in Camping World during the third quarter worth about $210,000. Alpha Cubed Investments LLC purchased a new stake in Camping World during the third quarter worth about $230,000. Finally, Hilltop Holdings Inc. purchased a new stake in Camping World during the second quarter worth about $270,000. Hedge funds and other institutional investors own 54.41% of the company’s stock.

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About Camping World

Camping World Holdings, Inc, through its subsidiaries, provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts. The company operates through Consumer Services and Plans, and Retail segments. It provides emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co-branded credit cards; vehicle financing and refinancing; club memberships; and publications and directories.

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