Jefferies Group assumed coverage on shares of Golfsmith International Holdings, Inc. (NASDAQ:GOLF) in a research report report published on Wednesday. The firm issued a buy rating and a $25.00 price target on the stock.
Shares of Golfsmith International Holdings (NASDAQ:GOLF) opened at 20.24 on Wednesday. Golfsmith International Holdings has a 12 month low of $16.90 and a 12 month high of $20.50. The company’s market cap is $441.66 million. The company’s 50 day moving average price is $18.49 and its 200 day moving average price is $18.49.
In other Golfsmith International Holdings news, major shareholder Wb Atlas Llc sold 4,029,099 shares of Golfsmith International Holdings stock in a transaction dated Wednesday, November 2nd. The stock was sold at an average price of $17.00, for a total transaction of $68,494,683.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider William C. Burke purchased 50,000 shares of the company’s stock in a transaction on Wednesday, November 2nd. The shares were purchased at an average cost of $17.00 per share, with a total value of $850,000.00. Following the purchase, the insider now owns 128,678 shares of the company’s stock, valued at $2,187,526. The disclosure for this purchase can be found here.
About Golfsmith International Holdings