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 stock was sold at an average price of $50.96, for a total transaction of $254,800.00. Following the completion of 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

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

Shares of NutriSystem Inc. (NTRI) traded up $0.95 during mid-day trading on Friday, hitting $52.50. 297,810 shares of the stock were exchanged, compared to its average volume of 349,511. NutriSystem Inc. has a 52-week low of $31.60 and a 52-week high of $67.95. The company has a market capitalization of $1,570.00, a price-to-earnings ratio of 28.38, a PEG ratio of 1.19 and a beta of 1.01.

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

NutriSystem announced that its Board of Directors has approved a share repurchase program on Wednesday, October 25th that authorizes the company to repurchase $50.00 million in shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Pinebridge Investments L.P. grew its position in NutriSystem by 1.1% during the second quarter. Pinebridge Investments L.P. now owns 3,939 shares of the company’s stock valued at $205,000 after buying an additional 41 shares during the period. Amalgamated Bank grew its position in NutriSystem by 6.1% during the second quarter. Amalgamated Bank now owns 4,091 shares of the company’s stock valued at $213,000 after buying an additional 236 shares during the period. Ameritas Investment Partners Inc. grew its position in NutriSystem by 10.9% during the second quarter. Ameritas Investment Partners Inc. now owns 2,608 shares of the company’s stock valued at $136,000 after buying an additional 257 shares during the period. Victory Capital Management Inc. grew its position in NutriSystem by 17.7% during the second quarter. Victory Capital Management Inc. now owns 2,646 shares of the company’s stock valued at $138,000 after buying an additional 397 shares during the period. Finally, Profund Advisors LLC grew its position in NutriSystem by 9.1% during the second quarter. Profund Advisors LLC now owns 5,756 shares of the company’s stock valued at $300,000 after buying an additional 480 shares during the period. Institutional investors own 92.48% of the company’s stock.

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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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