Dick's Sporting Goods (NYSE:DKS) operates as a sports and fitness retailer primarily in the eastern United States.
Click to enlarge
Insider buying during the last 30 days
Here is a table of Dick's Sporting Goods' insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Purchased||Current Ownership||Increase In Shares|
|Vincent Byrd||Director||June 3||2,500||9,366
|Andre Hawaux||CFO||May 28||2,300||58,653 shares||+4.1%|
|Larry Stone||Director||May 28||23,000||51,464 shares||+80.8%|
|Edward Stack||CEO||May 28||115,000||17,593,829 shares||+0.7%|
There have been 142,800 shares purchased by insiders during the last 30 days.
Insider buying by calendar month
Here is a table of Dick's Sporting Goods' insider activity by calendar month.
|Month||Insider buying / shares||Insider selling / shares|
There have been 154,100 shares purchased and there have been 968,285 shares sold by insiders since January 2013. The month of May 2014 has seen the most insider buying.
Dick's Sporting Goods reported the first-quarter, which ended May 3, financial results on May 20 with the following highlights:
|Net income||$70.0 million|
The stock plunged after these results and the four insiders purchased their shares after the plunge.
Dick's Sporting Goods' guidance is as follows:
|Same store sales growth||1%-3%||1%-3%|
|Qtrly Rev Growth (yoy):||0.08||0.09||-0.06|
|PEG (5 yr expected):||1.18||1.29||0.70|
Dick's Sporting Goods has the second-lowest P/S ratio among these three companies.
Here is a table of these competitors' insider activities this year.
|Company||Insider buying / shares||Insider selling / shares|
Only Dick's Sporting Goods has seen intensive insider buying during the last 30 days.
There have been four different insiders buying Dick's Sporting Goods, and there have not been any insiders selling Dick's Sporting Goods during the last 30 days. Two of these four insiders increased their holdings by more than 10%. Dick's Sporting Goods has an insider ownership of 1.32%.
The four insiders purchased their shares at prices ranging from $42.46 to $44.30. I believe Dick's Sporting Goods could be a good pick below $44.30 based on the intensive insider buying.
(Source: Investor presentation)
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in DKS over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.