NutriSystem Inc. (NTRI) Insider Keira Krausz Sells 5,000 Shares

NutriSystem Inc. (NASDAQ:NTRI) insider Keira Krausz sold 5,000 shares of the business’s stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $50.96, for a total value of $254,800.00. Following the completion of the sale, the insider now directly owns 75,463 shares in the company, valued at approximately $3,845,594.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

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 value of $512,000.00.

Shares of NutriSystem Inc. (NTRI) traded up $0.95 during trading on Friday, hitting $52.50. The stock had a trading volume of 297,810 shares, compared to its average volume of 315,169. The firm has a market capitalization of $1,548.53, a price-to-earnings ratio of 28.69, a PEG ratio of 1.23 and a beta of 1.01. NutriSystem Inc. has a 12 month low of $31.60 and a 12 month high of $67.95.

NutriSystem (NASDAQ:NTRI) last announced its earnings results on Wednesday, October 25th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.03. The company had revenue of $158.10 million for the quarter, compared to analyst estimates of $155.21 million. NutriSystem had a return on equity of 49.69% and a net margin of 8.27%. NutriSystem’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 firm earned $0.27 earnings per share. sell-side analysts predict that NutriSystem Inc. will post 1.95 EPS for the current year.

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

Institutional investors have recently made changes to their positions in the company. Cypress Capital Management LLC WY acquired a new stake in shares of NutriSystem during the third quarter worth $112,000. Riverhead Capital Management LLC grew its holdings in shares of NutriSystem by 62.1% during the second quarter. Riverhead Capital Management LLC now owns 2,431 shares of the company’s stock valued at $126,000 after buying an additional 931 shares in the last quarter. Ameritas Investment Partners Inc. grew its holdings in shares of 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 in the last quarter. Victory Capital Management Inc. grew its holdings in shares of 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 in the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of NutriSystem during the second quarter valued at $199,000. 92.48% of the stock is currently owned by institutional investors.

A number of research firms have recently commented on NTRI. Lake Street Capital set a $73.00 price objective on NutriSystem and gave the stock a “buy” rating in a research note on Thursday, October 26th. Zacks Investment Research raised NutriSystem from a “hold” rating to a “buy” rating and set a $58.00 price objective on the stock in a research note on Saturday, October 28th. DA Davidson reissued a “buy” rating and issued a $80.00 price objective on shares of NutriSystem in a research note on Friday, December 22nd. Finally, B. Riley set a $74.00 price objective on 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 issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $67.56.

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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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