Healthways, Inc. (TVTY) CAO Glenn Hargreaves Sells 5,805 Shares
Healthways, Inc. (NASDAQ:TVTY) CAO Glenn Hargreaves sold 5,805 shares of the company’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $45.15, for a total value of $262,095.75. Following the completion of the sale, the chief accounting officer now owns 44,448 shares of the company’s stock, valued at $2,006,827.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Glenn Hargreaves also recently made the following trade(s):
- On Tuesday, September 26th, Glenn Hargreaves sold 7,137 shares of Healthways stock. The stock was sold at an average price of $40.00, for a total value of $285,480.00.
- On Monday, August 21st, Glenn Hargreaves sold 23,448 shares of Healthways stock. The stock was sold at an average price of $37.78, for a total value of $885,865.44.
Healthways (NASDAQ:TVTY) last announced its quarterly earnings results on Thursday, October 26th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.10. The company had revenue of $137.70 million during the quarter, compared to the consensus estimate of $137.95 million. Healthways had a return on equity of 30.23% and a net margin of 11.45%. The firm’s revenue for the quarter was up 10.2% compared to the same quarter last year.
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Several research analysts have recently commented on TVTY shares. Zacks Investment Research raised Healthways from a “sell” rating to a “hold” rating in a research report on Wednesday, September 6th. Chardan Capital started coverage on Healthways in a research report on Tuesday, August 29th. They issued a “neutral” rating and a $40.00 price target for the company. ValuEngine lowered Healthways from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Oppenheimer Holdings, Inc. boosted their price target on Healthways from $47.00 to $50.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $46.00 price target on shares of Healthways in a research report on Monday, September 25th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Healthways currently has an average rating of “Buy” and a consensus target price of $46.38.
A number of hedge funds and other institutional investors have recently made changes to their positions in TVTY. Flinton Capital Management LLC lifted its holdings in Healthways by 63.5% during the 2nd quarter. Flinton Capital Management LLC now owns 3,502 shares of the company’s stock worth $139,000 after buying an additional 1,360 shares during the last quarter. Riverhead Capital Management LLC lifted its holdings in Healthways by 69.7% during the 2nd quarter. Riverhead Capital Management LLC now owns 3,564 shares of the company’s stock worth $142,000 after buying an additional 1,464 shares during the last quarter. Karp Capital Management Corp purchased a new stake in Healthways during the 1st quarter worth about $225,000. UBS Asset Management Americas Inc. purchased a new stake in Healthways during the 1st quarter worth about $242,000. Finally, California Public Employees Retirement System purchased a new stake in Healthways during the 1st quarter worth about $247,000.
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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