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Life Time Fitness (NYSE:LTM) SVP John M. Hugo unloaded 3,875 shares of Life Time Fitness stock on the open market in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $47.49, for a total transaction of $184,023.75. Following the sale, the senior vice president now directly owns 26,001 shares of the company’s stock, valued at approximately $1,234,787. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Life Time Fitness (NYSE:LTM) traded down 2.34% during mid-day trading on Thursday, hitting $46.29. 713,441 shares of the company’s stock traded hands. Life Time Fitness has a one year low of $40.15 and a one year high of $56.94. The stock has a 50-day moving average of $49.70 and a 200-day moving average of $47.21. The company has a market cap of $1.844 billion and a price-to-earnings ratio of 16.06.

Life Time Fitness (NYSE:LTM) last released its earnings data on Thursday, April 24th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted $0.67 earnings per share. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. On average, analysts predict that Life Time Fitness will post $3.08 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Piper Jaffray downgraded shares of Life Time Fitness from an “overweight” rating to a “neutral” rating in a research note on Thursday, June 5th. They now have a $54.00 price target on the stock, down previously from $59.00. 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. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $57.77.

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

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