Jeffrey C. Tweedy, a director at Academy Sports & Outdoors, Inc. (NASDAQ:ASO), sold shares of the company’s common stock on July 16, 2026. The transaction involved a total of $57,600 worth of stock.
Mr. Tweedy disposed of 1,200 shares at a price of $48.0 per share. Following this sale, Mr. Tweedy directly holds 10,567 shares of Academy Sports & Outdoors common stock.
In other recent news, Academy Sports & Outdoors Inc. reported a 2.9% growth in comparable sales for the first quarter. This development was followed by several analyst firms adjusting their price targets for the company. UBS lowered its price target to $55 from $56, maintaining a Neutral rating, citing ongoing debates about the company’s outlook. Similarly, Wells Fargo reduced its price target to $50 from $56, highlighting concerns about margin pressure due to challenges faced by lower-income consumers. Truist Securities also adjusted its price target to $52 from $54, while maintaining a Hold rating, noting that first-quarter share buybacks have positively impacted earnings per share. Additionally, Goldman Sachs decreased its price target to $60 from $67, retaining a Buy rating, and mentioned concerns over higher gas prices and inflation affecting consumer spending. These recent developments reflect a cautious yet varied outlook among analysts regarding Academy Sports & Outdoors Inc.
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