SCHEDULE: FMR LLC Reports Stake in Sportsman's Warehouse

FMR LLC and Abigail P. Johnson have filed a Schedule 13G, reporting beneficial ownership of 651.53 shares of Sportsman's Warehouse Holdings, Inc. common stock as of April 30, 2026.

Summary

• FMR LLC and Abigail P. Johnson have jointly filed a Schedule 13G, indicating their beneficial ownership of Sportsman's Warehouse Holdings, Inc. common stock.
• The filing, dated April 30, 2026, reports a total of 651.53 shares beneficially owned.
• This represents 0.0% of the class of securities.
• FMR LLC is classified as an Investment Adviser (IA).
• Abigail P. Johnson is identified as an Insider (IN) and also holds a significant role within FMR LLC.
• The filing confirms that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this filing as neutral to slightly negative due to the de minimis ownership stake reported, which offers no insight into the company's performance or future prospects and suggests a lack of significant investor interest from major players.

Positives

• The filing indicates that the securities are held in the ordinary course of business, suggesting no intent to influence or control the company's management.
• The reporting persons, FMR LLC and Abigail P. Johnson, are established financial entities and individuals, implying a professional and structured approach to their investments.

Negatives

• The reported beneficial ownership of 651.53 shares constitutes 0.0% of the class of securities, indicating a very small, de minimis stake.
• The filing does not provide any financial performance data or strategic updates for Sportsman's Warehouse Holdings, Inc., limiting insights into the company's health.

Risks

• The filing does not explicitly mention any risks associated with Sportsman's Warehouse Holdings, Inc. or the reporting persons' holdings.

Future Outlook

No specific future outlook or guidance for Sportsman's Warehouse Holdings, Inc. is provided in this filing. The filing pertains to ownership disclosure.

Management Comments

• "This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the 'FMR Reporters')."
• "The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares."
• "Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC."
• "I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect..."

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by FMR LLC and Abigail P. Johnson is a routine disclosure for significant institutional investors. The extremely small percentage of ownership (0.0%) suggests this is likely a legacy holding or a very minor position within their broader investment portfolios, not indicative of a new strategic interest or a change in control attempt for Sportsman's Warehouse Holdings, Inc.

Comparison to Industry Standards

• Institutional investors like FMR LLC typically hold significant stakes in companies, often exceeding 5% of outstanding shares, to warrant such filings. The 0.0% ownership reported here is exceptionally low and falls below typical thresholds for active institutional engagement or influence.
• Other institutional investors in the retail sector might hold positions ranging from 1% to over 10% depending on their investment strategy and conviction in a particular company.

Stakeholder Impact

• Shareholders: The filing has minimal direct impact on shareholders as it represents a very small ownership stake and does not provide company performance data.
• Management: The filing confirms that the reporting persons do not intend to influence control, which is a standard assurance for institutional investors.
• Creditors: No direct impact on creditors is indicated by this ownership filing.

Next Steps

• Continue to monitor future SEC filings from FMR LLC and Abigail P. Johnson for any changes in their beneficial ownership of Sportsman's Warehouse Holdings, Inc. stock.
• Review other SEC filings from Sportsman's Warehouse Holdings, Inc. for financial performance, strategic updates, and risk disclosures.

Key Dates

Keywords

Sportsman's Warehouse Holdings, Schedule 13G, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Common Stock, SEC Filing, Investment Adviser