American Century Companies Inc. grew its holdings in NutriSystem Inc. (NASDAQ:NTRI) by 21.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 142,479 shares of the company’s stock after purchasing an additional 25,097 shares during the quarter. American Century Companies Inc.’s holdings in NutriSystem were worth $7,494,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also bought and sold shares of the company. Cypress Capital Management LLC WY bought a new stake in shares of NutriSystem in the third quarter valued at approximately $112,000. Ameritas Investment Partners Inc. raised its stake in shares of NutriSystem by 10.9% in the second quarter. Ameritas Investment Partners Inc. now owns 2,608 shares of the company’s stock valued at $136,000 after purchasing an additional 257 shares in the last quarter. Parametrica Management Ltd acquired a new position in shares of NutriSystem in the third quarter valued at $269,000. Ashford Capital Management Inc. acquired a new position in shares of NutriSystem in the third quarter valued at $280,000. Finally, Los Angeles Capital Management & Equity Research Inc. acquired a new position in shares of NutriSystem in the third quarter valued at $281,000.
NutriSystem Inc. (NASDAQ:NTRI) opened at $41.30 on Wednesday. NutriSystem Inc. has a 12 month low of $36.65 and a 12 month high of $67.95. The company has a market capitalization of $1,280.00, a price-to-earnings ratio of 22.32, a P/E/G ratio of 1.02 and a beta of 0.72.
In other NutriSystem news, insider Keira Krausz sold 10,000 shares of the stock in a transaction on Monday, December 11th. The stock was sold at an average price of $51.20, for a total transaction of $512,000.00. Following the completion of the transaction, the insider now directly owns 74,519 shares in the company, valued at $3,815,372.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Dawn M. Zier sold 11,000 shares of the stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $49.94, for a total value of $549,340.00. Following the transaction, the insider now owns 210,666 shares of the company’s stock, valued at $10,520,660.04. The disclosure for this sale can be found here. Insiders have sold 96,831 shares of company stock valued at $4,627,659 over the last quarter. Corporate insiders own 2.40% of the company’s stock.
NTRI has been the subject of a number of recent research reports. B. Riley set a $74.00 target price on NutriSystem and gave the company a “buy” rating in a research note on Thursday, October 26th. Lake Street Capital set a $73.00 target price on NutriSystem and gave the company a “buy” rating in a research note on Thursday, October 26th. Zacks Investment Research upgraded NutriSystem from a “hold” rating to a “buy” rating and set a $58.00 target price for the company in a research note on Saturday, October 28th. DA Davidson restated a “buy” rating and issued a $80.00 target price on shares of NutriSystem in a research note on Friday, December 22nd. Finally, BidaskClub lowered NutriSystem from a “hold” rating to a “sell” rating in a research note on Tuesday, January 23rd. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $67.56.
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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.
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