Sportsman's Warehouse Holdings Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:SPWH Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
03 Oct 25	BuyUS$188,359	Paul Stone	Individual	68,279	US$2.80
03 Oct 25	BuyUS$140,500	Michael Tucci	Individual	50,000	US$2.81
02 Oct 25	BuyUS$61,750	Richard McBee	Individual	25,000	US$2.47
09 Jun 25	BuyUS$75,006	Paul Stone	Individual	24,002	US$3.13
05 Jun 25	BuyUS$201,000	Richard McBee	Individual	75,000	US$2.68

Insider Trading Volume

Insider Buying: SPWH insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of SPWH?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,274,273	3.32%
Hedge Funds	1,932,023	5.03%
General Public	7,119,297	18.5%
Institutions	28,105,486	73.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 67.88% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14.9%	FMR LLC	5,717,540	US$12.1m	188%	no data
5.03%	Union Square Park Capital Management, LLC	1,932,023	US$4.1m	20.8%	3.03%
4.6%	The Vanguard Group, Inc.	1,768,481	US$3.7m	2.73%	no data
4.45%	Alan Weber	1,710,794	US$3.6m	6.14%	0.59%
4%	GAMCO Investors, Inc.	1,538,814	US$3.2m	-1.11%	0.01%
3.54%	Marshall Wace LLP	1,361,280	US$2.9m	23.3%	0.01%
3.45%	Portolan Capital Management, LLC	1,325,668	US$2.8m	459%	0.15%
2.82%	Arrowstreet Capital, Limited Partnership	1,082,777	US$2.3m	245%	no data
2.32%	Dimensional Fund Advisors LP	890,440	US$1.9m	-7.91%	no data
1.96%	Archon Capital Management LLC	754,703	US$1.6m	-4.92%	0.92%
1.93%	Soviero Asset Management, LP	740,000	US$1.6m	54.2%	1.01%
1.83%	BlackRock, Inc.	703,623	US$1.5m	-1.13%	no data
1.78%	Gabelli & Company Investment Advisers, Inc.	685,080	US$1.4m	-10.9%	0.41%
1.72%	Morgan Stanley	660,083	US$1.4m	26.2%	no data
1.64%	Solas Capital Management, LLC	631,296	US$1.3m	-65.9%	0.72%
1.48%	Raymond James Financial, Inc.	567,386	US$1.2m	89.5%	no data
1.42%	Two Sigma Investments, LP	547,182	US$1.2m	300%	no data
1.41%	Two Sigma Advisers, LP	540,000	US$1.1m	121%	no data
1.35%	Quinn Opportunity Partners LLC	520,451	US$1.1m	0%	0.09%
1.2%	Jacobs Levy Equity Management Inc	463,023	US$977.0k	-35.7%	0.01%
1.11%	Geode Capital Management, LLC	428,287	US$903.7k	-9.5%	no data
1.04%	Paul Stone	399,862	US$843.7k	51.2%	no data
1.02%	Skylands Capital, LLC	393,000	US$829.2k	19.5%	0.11%
0.96%	Bridgeway Capital Management, LLC	368,294	US$777.1k	-3.58%	0.01%
0.93%	Manatuck Hill Partners, LLC	356,159	US$751.5k	0%	0.24%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/11 23:42
End of Day Share Price	2025/11/11 00:00
Earnings	2025/08/02
Annual Earnings	2025/02/01

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sportsman's Warehouse Holdings, Inc. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Justin Kleber	Baird
Kristine Koerber	Barrington Research Associates, Inc.
Anna Glaessgen	B. Riley Securities, Inc.