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Matthew D. Wagner, President of Camping World Holdings, Inc. (NYSE:CWH), recently acquired 5,725 shares of the company’s Class A common stock. The transaction, which took place on March 4, 2025, involved a total purchase value of $100,801. The shares were bought at a weighted average price of $17.6073, with individual transaction prices ranging from $17.59 to $17.61, according to the filing. This insider purchase comes as the stock trades near its 52-week low of $17.0, having declined about 14% in the past week. InvestingPro analysis indicates the stock is currently in oversold territory, with analyst price targets ranging from $23 to $35.
Following this acquisition, Wagner now holds a total of 300,640 shares in the company. This purchase reflects an increase in his direct ownership stake in Camping World Holdings, a leading retailer of recreational vehicles and related products and services. With a market capitalization of $1.83 billion, InvestingPro data shows that despite current market challenges, net income is expected to grow this year. For deeper insights into insider trading patterns and 12+ additional ProTips, consider exploring the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Camping World Holdings reported its fourth-quarter 2024 financial results, exceeding both earnings and revenue expectations. The company achieved an earnings per share of -$0.47, better than the forecasted -$0.49, and reported revenue of $1.2 billion, surpassing the anticipated $1.12 billion. This represents a 9% year-over-year increase in revenue, driven by an 8% rise in new unit sales and an 11% increase in used unit sales. Analysts at DA Davidson and Citi have both adjusted their price targets for Camping World, with DA Davidson reducing its target to $25 and Citi setting it at $26, while maintaining Buy ratings. DA Davidson highlighted the company’s consistent performance in the RV sector and its expected market share gains in 2025. Citi emphasized Camping World’s strategic focus on the used RV business as a key growth driver. The company plans to expand its market share and has set ambitious EBITDA growth targets for the first quarter of 2025. Camping World’s strategic initiatives and financial discipline are seen as pivotal in navigating potential challenges, such as interest rates and tariffs.
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