Golfsmith International Holdings, Inc. (GOLF) Shares Sold by Citadel Advisors LLC

Citadel Advisors LLC lessened its position in Golfsmith International Holdings, Inc. (NASDAQ:GOLF) by 4.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,632,122 shares of the specialty retailer’s stock after selling 70,409 shares during the quarter. Citadel Advisors LLC owned approximately 2.19% of Golfsmith International Holdings worth $32,382,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GOLF. Teachers Advisors LLC purchased a new position in shares of Golfsmith International Holdings in the 4th quarter valued at approximately $734,000. Nationwide Fund Advisors lifted its stake in shares of Golfsmith International Holdings by 6.6% in the 1st quarter. Nationwide Fund Advisors now owns 27,934 shares of the specialty retailer’s stock valued at $483,000 after purchasing an additional 1,720 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Golfsmith International Holdings by 22.0% in the 1st quarter. Wells Fargo & Company MN now owns 81,056 shares of the specialty retailer’s stock valued at $1,401,000 after purchasing an additional 14,620 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Golfsmith International Holdings by 9.8% in the 1st quarter. Bank of New York Mellon Corp now owns 83,003 shares of the specialty retailer’s stock valued at $1,434,000 after purchasing an additional 7,408 shares during the period. Finally, Comerica Bank lifted its stake in shares of Golfsmith International Holdings by 36.3% in the 1st quarter. Comerica Bank now owns 108,464 shares of the specialty retailer’s stock valued at $1,971,000 after purchasing an additional 28,908 shares during the period.

In other Golfsmith International Holdings news, insider Wb Atlas Llc sold 2,195,469 shares of the stock in a transaction on Thursday, June 29th. The stock was sold at an average price of $19.63, for a total transaction of $43,097,056.47. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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Shares of Golfsmith International Holdings, Inc. (NASDAQ GOLF) traded up 1.42% on Friday, reaching $17.09. The company’s stock had a trading volume of 264,137 shares. The firm has a 50-day moving average price of $16.91 and a 200 day moving average price of $16.91. Golfsmith International Holdings, Inc. has a one year low of $16.33 and a one year high of $22.31. The firm has a market capitalization of $1.27 billion and a PE ratio of 17.95.

The business also recently announced a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, September 1st were given a dividend of $0.12 per share. The ex-dividend date was Wednesday, August 30th. This represents a $0.48 annualized dividend and a yield of 2.81%.

A number of research firms have recently commented on GOLF. Jefferies Group LLC set a $22.00 target price on Golfsmith International Holdings and gave the company a “buy” rating in a research note on Friday, August 11th. Roth Capital cut Golfsmith International Holdings from a “buy” rating to a “neutral” rating and lowered their target price for the company from $25.00 to $20.00 in a research note on Monday, August 7th. Imperial Capital restated an “in-line” rating and issued a $15.00 target price (down previously from $19.00) on shares of Golfsmith International Holdings in a research note on Friday, August 11th. DA Davidson cut Golfsmith International Holdings from a “buy” rating to a “neutral” rating and lowered their target price for the company from $23.00 to $17.00 in a research note on Friday, August 11th. Finally, Zacks Investment Research upgraded Golfsmith International Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, August 15th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $20.47.

Golfsmith International Holdings Company Profile

Institutional Ownership by Quarter for Golfsmith International Holdings (NASDAQ:GOLF)

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