Bullishcharts

$CWH The Prophet Marcus Lemonis leads insider buying.

Long
NYSE:CWH   Camping World Holdings, Inc.
Entry level on break above 100ma @ approx $10.20
The know it all Prophet Marcus Lemonis has had some humble pie on his plate for much of 2018 and 2019, renowned for turning other companies fortunes around, probably the biggest challenge is within his own company now. He and many within the company have seen the stock as undervalued and have been buying up shares at a considerable rate.
The article below looks in greater depth to the inside buying activity.
The recent activity in WGO and THO shows some positive signs within the sector.
Short interest very high @ 29.38% very high and could help ignite a short covering rally.

Simply wall street article
Chairman & CEO Marcus Lemonis made the biggest insider purchase in the last 12 months. That single transaction was for US$1.3m worth of shares at a price of US$13.27 each. That means that an insider was happy to buy shares at above the current price of US$9.45. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

In the last twelve months Camping World Holdings insiders were buying shares, but not selling. They paid about US$11.75 on average. This is nice to see since it implies that insiders might see value around current prices. You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Camping World Holdings Insiders Bought Stock Recently
Over the last quarter, Camping World Holdings insiders have spent a meaningful amount on shares. Not only was there no selling that we can see, but they collectively bought US$477k worth of shares. This makes one think the business has some good points.

Does Camping World Holdings Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Based on our data, Camping World Holdings insiders have about 0.5% of the stock, worth approximately US$3.7m. We prefer to see high levels of insider ownership.

Company profile
Camping World Holdings, Inc. engages in the provision of a comprehensive portfolio of services, protection plans, products and resources for recreational vehicle enthusiasts. It offers products under the brands Camping World and Good Sam. Its operates through the following segments: Consumer Services & Plans and Retail. The Consumer Services & Plans segment offers services such as emergency roadside assistance, property and casualty insurance programs, travel assist programs, extended vehicle service contracts, co-branded credit cards, vehicle financing and refinancing, club memberships, and publications and directories. The Retail segment offers products such as new vehicles, used vehicles, parts and service, including RV accessories, and supplies, as well as finance and insurance. The company was founded in 1966 and is headquartered in Lincolnshire, IL.

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