Insider Selling: BJ’s Wholesale Club (NYSE:BJ) CEO Sells 12,400 Shares of Company Stock

by · The Markets Daily

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Get Free Report) CEO Robert Eddy sold 12,400 shares of BJ’s Wholesale Club stock in a transaction that occurred on Tuesday, October 13th. The shares were sold at an average price of $100.18, for a total transaction of $1,242,232.00. Following the sale, the chief executive officer owned 266,330 shares in the company, valued at $26,680,939.40. This represents a 4.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BJ’s Wholesale Club Stock Down 0.3%

Shares of BJ’s Wholesale Club stock traded down $0.30 during trading hours on Thursday, hitting $103.09. 2,819,693 shares of the company’s stock traded hands, compared to its average volume of 2,031,376. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $83.21 and a twelve month high of $106.04. The company has a market cap of $13.02 billion, a PE ratio of 22.56, a PEG ratio of 3.04 and a beta of 0.17. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. The stock has a 50 day simple moving average of $94.10 and a 200-day simple moving average of $92.64.

BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last posted its quarterly earnings data on Friday, August 21st. The company reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.19. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 27.40%. The firm had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $5.97 billion. During the same period in the prior year, the firm posted $1.14 EPS. The firm’s revenue was up 15.7% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Equities research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.70 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in BJ. Quantbot Technologies LP bought a new position in BJ’s Wholesale Club during the second quarter worth $28,000. Essential Partners LLC lifted its holdings in shares of BJ’s Wholesale Club by 81.2% during the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after acquiring an additional 130 shares during the period. Keating Financial Advisory Services Inc. bought a new position in shares of BJ’s Wholesale Club during the 2nd quarter worth about $35,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of BJ’s Wholesale Club during the 2nd quarter valued at about $37,000. Finally, Versant Capital Management Inc boosted its position in shares of BJ’s Wholesale Club by 63.1% during the 3rd quarter. Versant Capital Management Inc now owns 796 shares of the company’s stock valued at $73,000 after acquiring an additional 308 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on BJ. William Blair lowered BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research report on Monday, August 17th. Citigroup upped their price target on BJ’s Wholesale Club from $100.00 to $111.00 and gave the company a “buy” rating in a research report on Monday, August 24th. Wall Street Zen upgraded BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. UBS Group raised their price objective on BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BJ’s Wholesale Club in a report on Friday, August 14th. Eleven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $106.06.

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BJ’s Wholesale Club Company Profile

(Get Free Report)

BJ’s Wholesale Club Holdings, Inc operates a membership-based warehouse club business in the United States. Through its BJ’s Wholesale Club locations, the company offers members a broad selection of products at discounted prices, including groceries, fresh foods, household essentials, electronics, appliances, furniture, apparel, health and beauty products, and seasonal merchandise.

The company also operates gasoline stations at many of its clubs and provides services such as optical, tire, and home-improvement offerings in select locations.

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