Insider Selling: BJ’s Wholesale Club (NYSE:BJ) CEO Sells $17,595,482.96 in Stock

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) CEO Robert Eddy sold 172,184 shares of the firm’s stock in a transaction that occurred on Wednesday, October 14th. The stock was sold at an average price of $102.19, for a total transaction of $17,595,482.96. Following the sale, the chief executive officer owned 266,330 shares of the company’s stock, valued at approximately $27,216,262.70. The trade was a 39.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BJ’s Wholesale Club Stock Performance

Shares of NYSE BJ traded down $0.30 during trading on Thursday, reaching $103.09. 2,819,693 shares of the stock traded hands, compared to its average volume of 2,031,376. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $83.21 and a 52-week high of $106.04. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19. The company has a 50-day moving average of $94.10 and a 200-day moving average of $92.64. The stock has a market capitalization of $13.02 billion, a P/E ratio of 22.56, a price-to-earnings-growth ratio of 3.04 and a beta of 0.17.

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

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BJ’s Wholesale Club in a research note on Friday, August 14th. Citigroup lifted their price objective on shares of BJ’s Wholesale Club from $100.00 to $111.00 and gave the company a “buy” rating in a research note on Monday, August 24th. Wall Street Zen upgraded shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Weiss Ratings upgraded BJ’s Wholesale Club from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, UBS Group increased their target price on BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Eleven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $106.06.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Mather Group LLC. grew its position in BJ’s Wholesale Club by 35.7% during the 3rd quarter. Mather Group LLC. now owns 2,061 shares of the company’s stock worth $190,000 after acquiring an additional 542 shares during the last quarter. Krilogy Financial LLC increased its stake in BJ’s Wholesale Club by 8.8% in the 3rd quarter. Krilogy Financial LLC now owns 4,162 shares of the company’s stock worth $415,000 after purchasing an additional 337 shares during the period. NorthCrest Asset Manangement LLC lifted its position in BJ’s Wholesale Club by 12.0% in the third quarter. NorthCrest Asset Manangement LLC now owns 4,356 shares of the company’s stock valued at $431,000 after purchasing an additional 465 shares during the last quarter. GK Wealth Management LLC bought a new stake in BJ’s Wholesale Club in the third quarter valued at approximately $106,000. Finally, Avity Investment Management Inc. lifted its position in BJ’s Wholesale Club by 15.9% in the third quarter. Avity Investment Management Inc. now owns 127,510 shares of the company’s stock valued at $11,731,000 after purchasing an additional 17,470 shares during the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Company Profile

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.