Dicks Sporting Goods Inc (DKS) : Traders are bullish on Dicks Sporting Goods Inc (DKS) as it has outperformed the S&P 500 by a wide margin of 16.1% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.23%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.73% in the last 1 week, and is up 21.17% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 11.31% and the 50-Day Moving Average is 14.36%.
Dicks Sporting Goods Inc (NYSE:DKS): The stock opened at $50.16 on Friday but the bulls could not build on the opening and the stock topped out at $50.42 for the day. The stock traded down to $49.33 during the day, due to lack of any buying support eventually closed down at $49.34 with a loss of -1.26% for the day. The stock had closed at $49.97 on the previous day. The total traded volume was 1,405,108 shares.
The company Insiders own 22.12% of Dicks Sporting Goods Inc shares according to the proxy statements. Institutional Investors own 70.33% of Dicks Sporting Goods Inc shares. In a related news,The director officer 10% owner (Chairman and CEO) of Dicks Sporting Goods Inc, Stack Edward W sold 295,000 shares at $45.8 on March 10, 2016. The Insider selling transaction had a total value worth of $13,511,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
DICKS Sporting Goods, Inc. is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, footwear and accessories. The Company offers hardlines, such as sporting goods equipment, fitness equipment, golf equipment and hunting and fishing gear. The Company also owns and operates Golf Galaxy, Field & Stream and True Runner specialty stores. As of January 31, 2015, the Company operated 603 Dicks Sporting Goods stores in 46 states, 78 Golf Galaxy stores in 29 states, 10 Field & Stream stores in five states and three True Runner stores in three states. It also operates e-commerce Websites at www.DICKS.com and www.golfgalaxy.com.