Healthways, Inc. (NASDAQ:TVTY) Insider Sells $50,008.80 in Stock
Healthways, Inc. (NASDAQ:TVTY) insider Mary Flipse sold 1,340 shares of the business’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of $37.32, for a total transaction of $50,008.80. Following the transaction, the insider now owns 75,187 shares in the company, valued at approximately $2,805,978.84. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Shares of Healthways, Inc. (TVTY) traded up 0.68% during mid-day trading on Monday, reaching $37.10. 449,863 shares of the company’s stock were exchanged. The firm has a market capitalization of $1.46 billion, a P/E ratio of 16.71 and a beta of 0.37. The stock has a 50-day moving average of $39.23 and a 200 day moving average of $32.77. Healthways, Inc. has a one year low of $19.25 and a one year high of $41.55.
Healthways (NASDAQ:TVTY) last announced its quarterly earnings data on Thursday, July 27th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.38 by $0.03. The business had revenue of $138.90 million during the quarter, compared to analyst estimates of $138.15 million. Healthways had a return on equity of 29.81% and a net margin of 17.30%. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. On average, analysts forecast that Healthways, Inc. will post $1.52 EPS for the current fiscal year.
A number of research firms recently issued reports on TVTY. ValuEngine upgraded shares of Healthways from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Zacks Investment Research downgraded shares of Healthways from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Jefferies Group LLC reiterated a “buy” rating and set a $36.00 target price on shares of Healthways in a research report on Friday, June 16th. Cantor Fitzgerald reiterated a “buy” rating and set a $34.00 target price on shares of Healthways in a research report on Friday, April 28th. Finally, Barrington Research boosted their target price on shares of Healthways from $35.00 to $44.00 and gave the company an “outperform” rating in a research report on Friday, July 28th. One analyst has rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $38.25.
A number of institutional investors have recently made changes to their positions in the stock. Flinton Capital Management LLC raised its position in shares of Healthways by 63.5% in the second quarter. Flinton Capital Management LLC now owns 3,502 shares of the company’s stock valued at $139,000 after buying an additional 1,360 shares in the last quarter. Riverhead Capital Management LLC raised its position in shares of Healthways by 69.7% in the second quarter. Riverhead Capital Management LLC now owns 3,564 shares of the company’s stock valued at $142,000 after buying an additional 1,464 shares in the last quarter. Riggs Asset Managment Co. Inc. raised its position in shares of Healthways by 3.6% in the second quarter. Riggs Asset Managment Co. Inc. now owns 53,856 shares of the company’s stock valued at $2,146,000 after buying an additional 1,867 shares in the last quarter. State of Alaska Department of Revenue purchased a new position in shares of Healthways during the first quarter valued at approximately $107,000. Finally, ClariVest Asset Management LLC purchased a new position in shares of Healthways during the first quarter valued at approximately $141,000.
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.
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