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Weight Watchers International (NYSE:WTW) major shareholder S.A. Westend bought 51,790 shares of the company’s stock on the open market in a transaction dated Friday, August 15th. The shares were purchased at an average cost of $23.36 per share, for a total transaction of $1,209,814.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Shares of Weight Watchers International (NYSE:WTW) traded up 2.66% during mid-day trading on Tuesday, hitting $24.70. 742,290 shares of the company’s stock traded hands. Weight Watchers International has a 1-year low of $19.09 and a 1-year high of $41.44. The stock’s 50-day moving average is $21.0 and its 200-day moving average is $21.68. The company has a market cap of $1.400 billion and a price-to-earnings ratio of 8.18.

Weight Watchers International (NYSE:WTW) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.98 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.77 by $0.21. The company had revenue of $397.50 million for the quarter, compared to the consensus estimate of $387.70 million. During the same quarter last year, the company posted $1.39 earnings per share. Weight Watchers International’s revenue was down 15.6% compared to the same quarter last year. Analysts expect that Weight Watchers International will post $1.85 EPS for the current fiscal year.

WTW has been the subject of a number of recent research reports. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Weight Watchers International in a research note on Thursday, July 31st. They now have a $20.00 price target on the stock, down previously from $23.00. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Weight Watchers International in a research note on Thursday, July 31st. They now have a $20.00 price target on the stock, down previously from $23.00. One analyst has rated the stock with a sell rating and three have given a hold rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $22.50.

Weight Watchers International, Inc (NYSE:WTW) is a global-branded consumer company and a provider of weight management services, operating globally through a network of Company-owned and franchise operations.

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