Healthways, Inc. (NASDAQ:TVTY) insider Glenn Hargreaves sold 21,105 shares of Healthways stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $38.00, for a total value of $801,990.00. Following the completion of the sale, the insider now directly owns 59,077 shares in the company, valued at approximately $2,244,926. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Healthways, Inc. (NASDAQ:TVTY) traded down 0.387% during trading on Monday, hitting $38.625. 182,814 shares of the company’s stock were exchanged. The company has a market cap of $1.52 billion, a price-to-earnings ratio of 17.399 and a beta of 0.37. Healthways, Inc. has a 52-week low of $17.13 and a 52-week high of $41.55. The firm has a 50 day moving average price of $39.24 and a 200 day moving average price of $31.87.

Healthways (NASDAQ:TVTY) last posted its quarterly earnings results on Thursday, July 27th. The company reported $0.41 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.03. The company had revenue of $138.90 million for the quarter, compared to the consensus estimate of $138.15 million. Healthways had a net margin of 17.30% and a return on equity of 29.81%. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. On average, equities research analysts predict that Healthways, Inc. will post $1.52 earnings per share for the current year.

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A number of research firms recently issued reports on TVTY. Zacks Investment Research downgraded Healthways from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Barrington Research boosted their price target on Healthways from $35.00 to $44.00 and gave the company an “outperform” rating in a research note on Friday, July 28th. UBS AG boosted their price objective on shares of Healthways from $37.00 to $43.00 and gave the company a “buy” rating in a research report on Friday, June 23rd. Jefferies Group LLC restated a “buy” rating and issued a $36.00 price objective on shares of Healthways in a report on Friday, June 16th. Finally, Cantor Fitzgerald increased their price objective on Healthways from $34.00 to $42.00 and gave the company an “overweight” rating in a report on Friday, June 9th. Two equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $35.25.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. State of Alaska Department of Revenue purchased a new stake in Healthways during the first quarter worth $107,000. ClariVest Asset Management LLC bought a new stake in Healthways during the first quarter worth approximately $141,000. US Bancorp DE bought a new stake in Healthways during the first quarter worth approximately $145,000. Strs Ohio bought a new stake in Healthways during the first quarter worth approximately $154,000. Finally, Capstone Asset Management Co. bought a new stake in Healthways during the first quarter worth approximately $216,000.

Healthways Company Profile

Tivity Health, Inc, formerly Healthways, Inc, is focused targeted population health for those aged 50 and older. The Company offers three programs: SilverSneakers senior fitness, Prime fitness and WholeHealth Living. The SilverSneakers senior fitness program is offered to members of Medicare Advantage, Medicare Supplement, and Group Retiree plans.

Insider Buying and Selling by Quarter for Healthways (NASDAQ:TVTY)

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