Here’s Who Just Picked Up Marinemax Inc (NYSE:HZO) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),  Marinemax Inc (NYSE:HZO) reported that  Eagle Asset Management Inc. has picked up 2,692,349 of common stock as of 2016-12-16.

The acquisition brings the aggregate amount owned by Eagle Asset Management Inc. to a total of 2,692,349 representing a 10.41 % stake in the company.

For those not familiar with the company, MarineMax, Inc. is a recreational boat dealer in the United States. The Company engages in the retail sale, brokerage, and service of used boats, motors, trailers, marine parts and accessories and offers slip and storage accommodations in certain locations. It offers related boat financing, insurance and extended service contracts. It also offers the charter of power and sailing yachts in the British Virgin Islands.

A glance at Marinemax Inc (NYSE:HZO)’s key stats reveals a current market capitalization of $517.02 million based on 26.05 million shares outstanding and a price at last close of $19.70 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2015-04-29, Watters picked up 1,000 at a purchase price of $22.00. This brings their total holding to 45,821 as of the date of the filing.

On the sell side, the most recent transaction saw Eure unload 4000 shares at a sale price of $20.05. This brings their total holding to 11,500.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Marinemax Inc (NYSE:HZO) as things move forward to see if its progress aligns with these transactions.

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