Insider Selling: BJ’s Wholesale Club (NYSE:BJ) EVP Sells $1,520,805.00 in Stock

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) EVP Scott Schmadeke sold 16,500 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total value of $1,520,805.00. Following the completion of the transaction, the executive vice president owned 20,471 shares in the company, valued at $1,886,812.07. The trade was a 44.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

BJ’s Wholesale Club Stock Performance

Shares of NYSE:BJ traded up $0.02 during mid-day trading on Friday, reaching $90.95. The company had a trading volume of 1,299,657 shares, compared to its average volume of 2,046,996. The firm has a market cap of $11.61 billion, a price-to-earnings ratio of 20.91, a PEG ratio of 3.45 and a beta of 0.23. BJ’s Wholesale Club Holdings, Inc. has a one year low of $83.65 and a one year high of $115.43. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19. The company’s 50-day moving average price is $92.40 and its 200-day moving average price is $94.09.

BJ’s Wholesale Club (NYSE:BJ) last posted its earnings results on Friday, May 22nd. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.06. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The firm had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter last year, the company earned $1.14 earnings per share. The company’s revenue was up 9.9% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, equities research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on BJ shares. Citigroup dropped their price target on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research note on Tuesday, May 26th. Bank of America began coverage on BJ’s Wholesale Club in a research note on Wednesday, May 20th. They set a “neutral” rating and a $110.00 target price on the stock. Evercore reissued a “positive” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. William Blair reissued a “mixed” rating on shares of BJ’s Wholesale Club in a research note on Thursday, March 5th. Finally, DA Davidson raised their price target on BJ’s Wholesale Club from $110.00 to $114.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Nine analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $105.27.

Institutional Investors Weigh In On BJ’s Wholesale Club

Several hedge funds and other institutional investors have recently modified their holdings of BJ. Glenmede Trust Co. NA increased its position in BJ’s Wholesale Club by 2.4% in the first quarter. Glenmede Trust Co. NA now owns 21,128 shares of the company’s stock worth $2,079,000 after buying an additional 494 shares in the last quarter. Essential Partners LLC boosted its stake in BJ’s Wholesale Club by 81.3% during the first quarter. Essential Partners LLC now owns 290 shares of the company’s stock valued at $29,000 after buying an additional 130 shares during the last quarter. Arete Wealth Advisors LLC purchased a new position in shares of BJ’s Wholesale Club in the first quarter valued at $1,974,000. FinArc Investments Inc. bought a new stake in shares of BJ’s Wholesale Club in the 1st quarter worth about $3,877,000. Finally, Western Wealth Management LLC purchased a new stake in BJ’s Wholesale Club during the first quarter valued at approximately $80,000. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

About BJ’s Wholesale Club

BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.

Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.