BJs Wholesale Club Holdings Inc (BJ) EVP Sells $580,000.00 in Stock

BJs Wholesale Club Holdings Inc (NYSE:BJ) EVP Robert W. Eddy sold 20,000 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $29.00, for a total value of $580,000.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

BJ stock traded up $0.16 on Monday, reaching $28.91. The company’s stock had a trading volume of 24,928 shares, compared to its average volume of 1,858,326. The firm has a market capitalization of $3.94 billion and a price-to-earnings ratio of 25.32. BJs Wholesale Club Holdings Inc has a 52 week low of $19.31 and a 52 week high of $32.92.

BJs Wholesale Club (NYSE:BJ) last issued its quarterly earnings results on Wednesday, March 6th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.08. The firm had revenue of $3.34 billion for the quarter, compared to the consensus estimate of $3.36 billion. The firm’s quarterly revenue was down 4.2% on a year-over-year basis. On average, sell-side analysts forecast that BJs Wholesale Club Holdings Inc will post 1.48 EPS for the current fiscal year.

A number of analysts have recently weighed in on BJ shares. Barclays started coverage on BJs Wholesale Club in a research report on Friday, February 1st. They set an “equal weight” rating on the stock. Wells Fargo & Co increased their price target on BJs Wholesale Club from $29.00 to $32.00 and gave the stock an “outperform” rating in a research report on Friday, March 29th. Nomura dropped their price target on BJs Wholesale Club from $29.00 to $27.00 and set a “buy” rating on the stock in a research report on Thursday, March 7th. Gordon Haskett raised BJs Wholesale Club from an “accumulate” rating to a “buy” rating in a report on Thursday, March 21st. Finally, Zacks Investment Research lowered BJs Wholesale Club from a “buy” rating to a “hold” rating in a report on Wednesday, January 23rd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. BJs Wholesale Club presently has a consensus rating of “Buy” and an average price target of $30.21.

A number of hedge funds and other institutional investors have recently modified their holdings of BJ. PNC Financial Services Group Inc. boosted its stake in BJs Wholesale Club by 201.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,165 shares of the company’s stock valued at $26,000 after purchasing an additional 778 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new position in BJs Wholesale Club during the 4th quarter valued at $73,000. Flagship Harbor Advisors LLC boosted its stake in BJs Wholesale Club by 47.1% during the 4th quarter. Flagship Harbor Advisors LLC now owns 3,429 shares of the company’s stock valued at $75,000 after purchasing an additional 1,098 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in BJs Wholesale Club during the 4th quarter valued at $81,000. Finally, QS Investors LLC bought a new position in BJs Wholesale Club during the 4th quarter valued at $89,000. 82.37% of the stock is owned by hedge funds and other institutional investors.

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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.

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

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