Insider Selling at BJ's Wholesale Club Holdings, Inc.

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) recently experienced a significant insider transaction. Executive Vice President William C. Werner sold 20,000 shares of the company's stock on March 19th. The shares were sold at an average price of $110.41, resulting in a total transaction value of $2,208,200. Following this sale, Mr. Werner now owns 31,308 shares in BJ's, with a total value of approximately $3,456,716.28. This transaction marks a 38.98% decrease in his ownership stake in the company. The details of this sale were reported in a filing with the Securities and Exchange Commission (SEC), which investors can access for more information.

BJ's Stock Performance and Market Data

On the trading day following the insider selling, shares of BJ's Wholesale Club saw a slight uptick, rising $1.72 to reach $110.35. In total, 2,624,363 shares were traded, which is significantly higher than the average daily volume of 1,556,726 shares. The company's stock has a 50-day moving average price of $102.99 and a 200-day moving average price of $93.35. BJ's currently boasts a market capitalization of $14.58 billion, a price-to-earnings (P/E) ratio of 26.53, and a P/E/G ratio of 4.50, alongside a beta of 0.28. Financial ratios include a quick ratio of 0.14, a current ratio of 0.76, and a debt-to-equity ratio of 0.23. Over the past year, BJ's stock has traded between a low of $71.81 and a high of $118.40.

Recent Earnings and Analyst Ratings

BJ's Wholesale Club reported its latest quarterly earnings on March 6th, where it announced earnings per share (EPS) of $0.93 for the quarter, surpassing the consensus estimate of $0.86 by $0.07. The company recorded revenue of $5.28 billion, which was slightly below the expected $5.29 billion. The return on equity for BJ's was 35.41%, with a net margin of 2.71%. Analysts project that BJ's Wholesale Club will achieve an EPS of 3.96 for the current fiscal year.

Institutional Investment and Ownership

Institutional investors have been active in modifying their stakes in BJ's Wholesale Club. In the last quarter, 111 Capital acquired a new stake in the company valued at approximately $352,000. Wealth Enhancement Advisory Services LLC increased its holdings by 95.7%, now owning 11,130 shares worth around $994,000 after adding 5,442 shares. Centaurus Financial Inc. and Menard Financial Group LLC also made prominent increases to their stakes. Currently, institutional investors collectively own 98.60% of the company’s shares.

Analysts' Outlook

Equity research analysts have issued various ratings for BJ's Wholesale Club. Recently, The Goldman Sachs Group raised its price target from $102.00 to $121.00 and marked the stock as a "buy." Morgan Stanley increased its target to $115.00 while maintaining an "equal weight" rating. Analysts at Cowen reaffirmed a "buy" rating, while Loop Capital set its target price at $110.00 with a "hold" rating. As of now, the stock holds an average rating of "Moderate Buy" according to MarketBeat, with a consensus target price of $108.71.

Company Overview

BJ's Wholesale Club Holdings, Inc. operates a chain of membership warehouse clubs in the United States. Its wide range of offerings includes grocery items, household goods, electronics, furniture, and health and beauty products, among others. The company has grown its reputation for value and savings for its members.

Insider, Selling, Stock