Dick’s Sporting Goods CFO Gupta sells $2.0m in stock

Navdeep Gupta, Executive Vice President and Chief Financial Officer of DICK’S SPORTING GOODS, INC. (NYSE:DKS), sold 9,303 shares of the company’s common stock on July 10, 2025, according to a Form 4 filing with the Securities and Exchange Commission.

The shares were sold at a price of $215.0, with the total transaction amounting to $2000145. Following the transaction, Gupta directly owns 87778 shares of Dick’s Sporting Goods. The stock, which has delivered a strong 4.5% return over the past year, is currently trading near overbought levels according to technical indicators from InvestingPro, which offers 12 additional exclusive insights about DKS.

The sale was executed automatically under a Rule 10b5-1 trading plan adopted by Gupta on March 28, 2025. The company maintains strong fundamentals with a healthy 36% gross profit margin and has consistently paid dividends for 15 consecutive years.

In other recent news, Dick’s Sporting Goods reported a strong financial performance, with a non-GAAP EPS of $3.37 in the first quarter, exceeding market expectations. TD Cowen highlighted a significant gain in the footwear market share for the company, noting a 9.8% increase in comp sales over two years. However, TD Cowen adjusted its price target for Dick’s Sporting Goods to $205, maintaining a Hold rating due to uncertainties in the latter half of the year. UBS, on the other hand, reiterated a Buy rating with a $225 price target, emphasizing the company’s market share expansion opportunities and potential value creation from the Foot Locker (NYSE:FL) acquisition. DA Davidson also maintained a Buy rating, citing the positive impact of Nike (NYSE:NKE)’s strong North American wholesale performance. Additionally, Dick’s Sporting Goods extended its partnership with the WNBA through 2028, continuing its role as the Official Sporting Goods Retailer for the league. This extension includes a focus on youth basketball initiatives and increased visibility during WNBA games and events. These developments reflect the company’s strategic efforts to strengthen its market position and partnerships.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.