Insider Buying: Keira Krausz Purchases 1,000 Shares of NutriSystem Stock (NTRI)
NutriSystem (NASDAQ:NTRI) CMO Keira Krausz acquired 1,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 4th. The stock was purchased at an average cost of $15.53 per share, with a total value of $15,530.00. Following the transaction, the chief marketing officer now directly owns 43,159 shares in the company, valued at approximately $670,259. The purchase was disclosed in a legal filing with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at B. Riley reiterated a “focus list” rating on shares of NutriSystem in a research note on Monday, July 28th. Separately, analysts at Wedbush raised their price target on shares of NutriSystem from $16.00 to $17.00 in a research note on Tuesday, July 22nd. They now have a “neutral” rating on the stock. Finally, analysts at Pacific Crest initiated coverage on shares of NutriSystem in a research note on Monday, June 16th. They set an “outperform” rating and a $16.71 price target on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. NutriSystem currently has a consensus rating of “Buy” and a consensus price target of $17.73.
Shares of NutriSystem (NASDAQ:NTRI) traded down 0.45% on Monday, hitting $15.53. 689,253 shares of the company’s stock traded hands. NutriSystem has a one year low of $11.94 and a one year high of $20.54. The stock’s 50-day moving average is $17.3 and its 200-day moving average is $15.8. The company has a market cap of $438.1 million and a P/E ratio of 43.09.
NutriSystem (NASDAQ:NTRI) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.04. The company had revenue of $111.10 million for the quarter, compared to the consensus estimate of $110.52 million. During the same quarter in the previous year, the company posted $0.22 earnings per share. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. On average, analysts predict that NutriSystem will post $0.63 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, August 18th. Stockholders of record on Friday, August 8th will be paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 4.51%. The ex-dividend date is Wednesday, August 6th.
Nutrisystem, Inc (NASDAQ:NTRI) is a provider of a weight management system.
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