Share on StockTwits

Life Time Fitness (NYSE:LTM) EVP Jeffrey G. Zwiefel sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $55.00, for a total value of $1,375,000.00. Following the transaction, the executive vice president now directly owns 130,486 shares of the company’s stock, valued at approximately $7,176,730. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Life Time Fitness (NYSE:LTM) traded down 2.40% on Friday, hitting $54.89. 994,986 shares of the company’s stock traded hands. Life Time Fitness has a 52 week low of $40.15 and a 52 week high of $56.94. The stock’s 50-day moving average is $48.95 and its 200-day moving average is $46.89. The company has a market cap of $2.187 billion and a P/E ratio of 19.06.

Life Time Fitness (NYSE:LTM) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.69 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.68 by $0.01. The company had revenue of $312.00 million for the quarter, compared to the consensus estimate of $309.47 million. During the same quarter last year, the company posted $0.67 earnings per share. Life Time Fitness’s revenue was up 7.3% compared to the same quarter last year. On average, analysts predict that Life Time Fitness will post $3.09 earnings per share for the current fiscal year.

Separately, analysts at Oppenheimer downgraded shares of Life Time Fitness from an “outperform” rating to a “market perform” rating in a research note on Friday, April 25th. They now have a $50.00 price target on the stock, down previously from $54.00. They noted that the move was a valuation call. One analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Life Time Fitness has an average rating of “Buy” and a consensus target price of $58.52.

Life Time Fitness, Inc, operates multi-use sports and athletic, professional fitness, family recreation and spa centers in a resort-like environment.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.