NutriSystem Inc (NASDAQ:NTRI) insider Dawn M. Zier sold 30,121 shares of NutriSystem stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $52.27, for a total transaction of $1,574,424.67. Following the sale, the insider now directly owns 214,646 shares of the company’s stock, valued at $11,219,546.42. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of NutriSystem Inc (NASDAQ:NTRI) traded down 0.10% during midday trading on Thursday, reaching $51.40. 327,496 shares of the company were exchanged. NutriSystem Inc has a 52-week low of $26.90 and a 52-week high of $67.95. The stock’s 50-day moving average price is $53.61 and its 200-day moving average price is $52.59. The company has a market capitalization of $1.53 billion, a PE ratio of 31.85 and a beta of 1.15.

NutriSystem (NASDAQ:NTRI) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $0.80 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.18. The company had revenue of $194.90 million during the quarter, compared to analyst estimates of $180.75 million. NutriSystem had a net margin of 7.60% and a return on equity of 48.41%. The firm’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same period last year, the business earned $0.54 EPS. Analysts anticipate that NutriSystem Inc will post $1.91 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 17th. Shareholders of record on Monday, August 7th were issued a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 1.36%. The ex-dividend date was Thursday, August 3rd. NutriSystem’s dividend payout ratio is currently 43.48%.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another domain, it was stolen and republished in violation of United States and international copyright & trademark laws. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2017/09/14/nutrisystem-inc-ntri-insider-sells-1574424-67-in-stock.html.

Hedge funds have recently made changes to their positions in the business. Mason Street Advisors LLC grew its holdings in NutriSystem by 8.9% during the 1st quarter. Mason Street Advisors LLC now owns 6,987 shares of the company’s stock worth $388,000 after acquiring an additional 570 shares in the last quarter. Prudential Financial Inc. lifted its position in shares of NutriSystem by 73.7% in the 2nd quarter. Prudential Financial Inc. now owns 1,302,467 shares of the company’s stock worth $67,794,000 after buying an additional 552,420 shares during the last quarter. Cambridge Investment Research Advisors Inc. bought a new position in shares of NutriSystem in the 1st quarter worth about $240,000. Marshall Wace North America L.P. bought a new position in shares of NutriSystem in the 2nd quarter worth about $1,823,000. Finally, Oxford Asset Management bought a new position in shares of NutriSystem in the 1st quarter worth about $2,258,000. 92.59% of the stock is owned by institutional investors.

Several research firms have recently issued reports on NTRI. B. Riley reaffirmed a “buy” rating and set a $74.00 price objective on shares of NutriSystem in a research report on Friday, July 28th. BidaskClub raised shares of NutriSystem from a “hold” rating to a “buy” rating in a research report on Wednesday, August 9th. DA Davidson reaffirmed a “buy” rating and set a $79.00 price objective (up from $64.00) on shares of NutriSystem in a research report on Sunday, July 30th. Zacks Investment Research cut shares of NutriSystem from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 28th. Finally, Lake Street Capital set a $73.00 price objective on shares of NutriSystem and gave the stock a “buy” rating in a research report on Thursday, July 27th. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $68.11.

NutriSystem Company Profile

Nutrisystem, Inc is a provider of weight management products and services, including nutritionally balanced weight loss programs, multi-day kits available at retail locations and digital tools to support weight loss. The Company’s program customers purchase monthly food packages containing four-week meal plan consisting supply of breakfasts, lunches, dinners and snacks and flex meal plan recipes, which they supplement with fresh fruits, vegetables and dairy.

Insider Buying and Selling by Quarter for NutriSystem (NASDAQ:NTRI)

Receive News & Ratings for NutriSystem Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NutriSystem Inc and related companies with MarketBeat.com's FREE daily email newsletter.