NutriSystem Inc. (NASDAQ:NTRI) insider Keira Krausz sold 5,000 shares of the company’s stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $50.96, for a total value of $254,800.00. Following the transaction, the insider now owns 75,463 shares in the company, valued at $3,845,594.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Keira Krausz also recently made the following trade(s):
- On Monday, December 11th, Keira Krausz sold 10,000 shares of NutriSystem stock. The shares were sold at an average price of $51.20, for a total value of $512,000.00.
NutriSystem Inc. (NASDAQ NTRI) opened at $46.95 on Friday. NutriSystem Inc. has a 1-year low of $31.60 and a 1-year high of $67.95. The stock has a market cap of $1,410.33, a PE ratio of 25.66, a price-to-earnings-growth ratio of 1.12 and a beta of 1.01.
NutriSystem (NASDAQ:NTRI) last issued its quarterly earnings data on Wednesday, October 25th. The company reported $0.49 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.03. NutriSystem had a net margin of 8.27% and a return on equity of 49.69%. The business had revenue of $158.10 million during the quarter, compared to analysts’ expectations of $155.21 million. During the same period last year, the company posted $0.27 EPS. The company’s revenue was up 26.9% on a year-over-year basis. analysts predict that NutriSystem Inc. will post 1.95 EPS for the current fiscal year.
NutriSystem declared that its Board of Directors has authorized a share buyback program on Wednesday, October 25th that allows the company to buyback $50.00 million in shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s board of directors believes its stock is undervalued.
Several equities analysts recently commented on the company. Zacks Investment Research raised NutriSystem from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a report on Tuesday, December 19th. Lake Street Capital set a $73.00 target price on shares of NutriSystem and gave the stock a “buy” rating in a research note on Thursday, October 26th. B. Riley set a $74.00 target price on shares of NutriSystem and gave the stock a “buy” rating in a research note on Thursday, October 26th. Finally, DA Davidson restated a “buy” rating and issued a $80.00 price objective on shares of NutriSystem in a research report on Friday, December 22nd. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $67.56.
Several institutional investors and hedge funds have recently modified their holdings of the company. Copper Rock Capital Partners LLC increased its stake in shares of NutriSystem by 3.6% during the 4th quarter. Copper Rock Capital Partners LLC now owns 493,793 shares of the company’s stock worth $26,048,000 after purchasing an additional 17,111 shares in the last quarter. Atlantic Trust Group LLC purchased a new stake in NutriSystem in the 3rd quarter worth approximately $1,151,000. GSA Capital Partners LLP grew its stake in NutriSystem by 51.9% in the 3rd quarter. GSA Capital Partners LLP now owns 96,031 shares of the company’s stock worth $5,368,000 after acquiring an additional 32,825 shares during the period. Ashford Capital Management Inc. purchased a new stake in NutriSystem in the 3rd quarter worth approximately $280,000. Finally, California Public Employees Retirement System grew its stake in NutriSystem by 65.8% in the 3rd quarter. California Public Employees Retirement System now owns 21,223 shares of the company’s stock worth $1,186,000 after acquiring an additional 8,423 shares during the period.
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Nutrisystem, Inc is a provider of weight management products and services, including nutritionally balanced weight loss programs, multi-day kits available at retail locations and digital tools to support weight loss. The Company’s program customers purchase monthly food packages containing four-week meal plan consisting supply of breakfasts, lunches, dinners and snacks and flex meal plan recipes, which they supplement with fresh fruits, vegetables and dairy.
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