Bj’s Wholesale Club SVP sells shares worth $251,454

Published 17/04/2025, 21:26
Bj’s Wholesale Club SVP sells shares worth $251,454

Joseph McGrail, Senior Vice President and Controller at BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ), a $15.7 billion market cap retailer, recently sold 2,100 shares of the company’s common stock. According to InvestingPro data, the stock has delivered an impressive 54% return over the past year. The transaction, dated April 15, 2025, was executed at a price of $119.74 per share, amounting to a total sale value of $251,454. Following this transaction, McGrail holds 14,240 shares directly. The stock is currently trading near its 52-week high with a P/E ratio of 29.4, and InvestingPro analysis suggests the stock is trading above its Fair Value. Investors can access 13 additional ProTips and comprehensive valuation metrics through InvestingPro’s detailed research report.

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%, with its general merchandise segment showing even stronger growth at 5%. UBS analyst Mark Carden increased the price target for BJ’s Wholesale shares to $130.00, maintaining a Buy rating, citing the company’s strategic initiatives and market share gains. Citi analyst Paul Lejeuz also upgraded BJ’s Wholesale stock rating from Neutral to Buy, raising the price target to $130.00, due to the company’s improved membership growth and retail fundamentals. Meanwhile, TD Cowen analysts maintained their Buy rating with a steady price target of $135.00, highlighting the company’s Fresh 2.0 initiative and new store openings as key factors in driving better earnings per share growth.

Furthermore, Citi analysts maintained a Neutral rating with a price target of $115.00, acknowledging BJ’s Wholesale’s favorable positioning in the current economic landscape. This outlook was supported by the company’s consistent improvements in execution and its ability to endure potential downturns in consumer spending. Despite the positive developments, some analysts noted that BJ’s Wholesale’s EPS growth has been trailing its peers, with Costco (NASDAQ:COST) and Walmart (NYSE:WMT) posting higher growth rates. However, the company’s investments in growth and strategic efforts have been recognized as contributing to its potential for future expansion. These recent developments reflect BJ’s Wholesale’s ongoing efforts to strengthen its market position and appeal to investors.

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