NutriSystem Inc. (NTRI) Insider Sells $254,800.00 in Stock

NutriSystem Inc. (NASDAQ:NTRI) insider Keira Krausz sold 5,000 shares of NutriSystem stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $50.96, for a total transaction of $254,800.00. Following the transaction, the insider now directly owns 75,463 shares of the company’s stock, valued at $3,845,594.48. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Keira Krausz also recently made the following trade(s):

  • On Monday, December 11th, Keira Krausz sold 10,000 shares of NutriSystem stock. The shares were sold at an average price of $51.20, for a total transaction of $512,000.00.

Shares of NutriSystem Inc. (NASDAQ:NTRI) traded up $0.95 during trading on Friday, reaching $52.50. 297,810 shares of the company’s stock traded hands, compared to its average volume of 349,511. The stock has a market capitalization of $1,570.00, a PE ratio of 28.38, a PEG ratio of 1.19 and a beta of 1.01. NutriSystem Inc. has a twelve month low of $31.60 and a twelve month high of $67.95.

NutriSystem (NASDAQ:NTRI) last issued its earnings results on Wednesday, October 25th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.03. The business had revenue of $158.10 million during the quarter, compared to analysts’ expectations of $155.21 million. NutriSystem had a net margin of 8.27% and a return on equity of 49.69%. The business’s revenue for the quarter was up 26.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.27 earnings per share. analysts predict that NutriSystem Inc. will post 1.95 earnings per share for the current year.

NutriSystem declared that its Board of Directors has initiated a stock repurchase program on Wednesday, October 25th that permits the company to repurchase $50.00 million in shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

A number of brokerages recently issued reports on NTRI. Zacks Investment Research cut shares of NutriSystem from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. DA Davidson reissued a “buy” rating and set a $80.00 price target on shares of NutriSystem in a research report on Friday, December 22nd. B. Riley set a $74.00 price target on shares of NutriSystem and gave the company a “buy” rating in a research report on Thursday, October 26th. Finally, Lake Street Capital set a $73.00 price target on shares of NutriSystem and gave the company a “buy” rating in a research report on Thursday, October 26th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $67.56.

A number of institutional investors have recently modified their holdings of NTRI. Cypress Capital Management LLC WY purchased a new position in NutriSystem in the third quarter worth about $112,000. Riverhead Capital Management LLC raised its holdings in NutriSystem by 62.1% in the second quarter. Riverhead Capital Management LLC now owns 2,431 shares of the company’s stock worth $126,000 after buying an additional 931 shares during the last quarter. Ameritas Investment Partners Inc. raised its holdings in NutriSystem by 10.9% in the second quarter. Ameritas Investment Partners Inc. now owns 2,608 shares of the company’s stock worth $136,000 after buying an additional 257 shares during the last quarter. Victory Capital Management Inc. raised its holdings in NutriSystem by 17.7% in the second quarter. Victory Capital Management Inc. now owns 2,646 shares of the company’s stock worth $138,000 after buying an additional 397 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new position in NutriSystem in the second quarter worth about $199,000. 92.48% of the stock is owned by institutional investors and hedge funds.

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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)

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