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Marlborough, MA – In a recent transaction, Scott Schmadeke, EVP and Chief Operations Officer of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ), sold a total of 4,531 shares of the company’s common stock. The shares were sold at an average price of $117.79 per share, amounting to a total value of $533,706. The sale comes as BJ’s stock trades near its 52-week high of $118.99, having delivered an impressive 59.35% return over the past year. According to InvestingPro data, eight analysts have recently revised their earnings expectations upward for the upcoming period.
The transaction, which took place on April 3, 2025, was part of a series of stock activities reported by Schmadeke. In addition to the sale, Schmadeke also exercised stock options to acquire 4,531 shares at a price of $27.59 per share, reflecting a total transaction value of $125,010.
Earlier in the month, on April 1, Schmadeke acquired 4,578 shares through the settlement of performance share units and an additional 5,658 shares as part of a restricted stock unit award. These acquisitions were made at no cost, as per the terms of the awards.
Furthermore, 6,194 shares were withheld by BJ’s Wholesale Club to cover tax liabilities related to the vesting of various stock awards, with these shares valued at $114.88 each, totaling $711,566.
Following these transactions, Schmadeke holds 31,094 shares of BJ’s Wholesale Club common stock.
In other recent news, BJ’s Wholesale Club Holdings Inc. reported a 4.6% growth in core comparable sales for the fourth quarter, surpassing the consensus estimate of 3.1%. The company’s general merchandise segment saw a 5% growth, indicating effective product assortment strategies. UBS analyst Mark Carden raised the price target for BJ’s Wholesale to $130, maintaining a Buy rating, citing the company’s strategic initiatives and market share gains. Citi analyst Paul Lejeuz also upgraded BJ’s Wholesale to a Buy rating, increasing the price target to $130, while highlighting the company’s robust warehouse club model and expansion strategy.
TD Cowen analysts maintained their Buy rating with a $135 target, emphasizing BJ’s Fresh 2.0 initiative and new store openings as key drivers for earnings growth. Despite BJ’s Wholesale’s underperformance in earnings per share growth compared to peers like Costco (NASDAQ:COST) and Walmart (NYSE:WMT), analysts see potential for market share expansion. Citi analysts maintained a Neutral rating with a $115 target, acknowledging BJ’s favorable positioning amid economic challenges. These developments reflect BJ’s Wholesale’s strategic focus and potential for growth in the competitive retail landscape.
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