Share on StockTwits

Town Sports International Holdings (NASDAQ:CLUB) major shareholder Hg Vora Capital Management, Ll purchased 450,000 shares of the company’s stock on the open market in a transaction dated Monday, August 4th. The stock was purchased at an average cost of $4.48 per share, with a total value of $2,016,000.00. The purchase was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

A number of analysts have recently weighed in on CLUB shares. Analysts at Zacks downgraded shares of Town Sports International Holdings from a “neutral” rating to an “underperform” rating in a research note on Monday. They now have a $4.10 price target on the stock. Analysts at Wedbush cut their price target on shares of Town Sports International Holdings from $8.00 to $5.50 in a research note on Thursday.

Town Sports International Holdings (NASDAQ:CLUB) traded down 3.94% on Monday, hitting $4.14. The stock had a trading volume of 341,382 shares. Town Sports International Holdings has a 52-week low of $4.18 and a 52-week high of $14.96. The stock’s 50-day moving average is $6.24 and its 200-day moving average is $7.89. The company’s market cap is $98.6 million.

Town Sports International Holdings (NASDAQ:CLUB) last released its earnings data on Wednesday, July 30th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $115.70 million for the quarter, compared to the consensus estimate of $116.28 million. During the same quarter last year, the company posted $0.19 earnings per share. Town Sports International Holdings’s revenue was down 3.7% compared to the same quarter last year. On average, analysts predict that Town Sports International Holdings will post $-0.21 earnings per share for the current fiscal year.

Town Sports International Holdings, Inc (NASDAQ:CLUB) is the owner and operator of fitness clubs in the Northeast and Mid-Atlantic regions of the United States and the fitness club owner and operator in the United States, in each case based on the number of clubs.

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.