Nautilus, Inc. (NYSE:NLS) CEO Bruce M. Cazenave sold 10,700 shares of the stock in a transaction that occurred on Thursday, January 11th. The shares were sold at an average price of $12.65, for a total value of $135,355.00. Following the completion of the sale, the chief executive officer now directly owns 372,876 shares of the company’s stock, valued at approximately $4,716,881.40. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Nautilus, Inc. (NYSE:NLS) opened at $12.30 on Monday. The company has a current ratio of 2.02, a quick ratio of 1.38 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $377.70, a price-to-earnings ratio of 12.95, a price-to-earnings-growth ratio of 1.17 and a beta of 1.59. Nautilus, Inc. has a 12-month low of $12.15 and a 12-month high of $19.80.
Hedge funds and other institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC bought a new position in shares of Nautilus in the third quarter worth $134,000. Citigroup Inc. increased its position in shares of Nautilus by 3,252.1% in the second quarter. Citigroup Inc. now owns 7,341 shares of the specialty retailer’s stock worth $141,000 after purchasing an additional 7,122 shares during the period. Jane Street Group LLC bought a new position in shares of Nautilus in the third quarter worth $173,000. UBS Asset Management Americas Inc. bought a new position in shares of Nautilus in the second quarter worth $193,000. Finally, Municipal Employees Retirement System of Michigan increased its position in shares of Nautilus by 58.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 11,520 shares of the specialty retailer’s stock worth $195,000 after purchasing an additional 4,260 shares during the period. Institutional investors own 99.19% of the company’s stock.
A number of equities research analysts recently weighed in on NLS shares. TheStreet cut Nautilus from a “b” rating to a “c+” rating in a research note on Thursday, November 2nd. B. Riley restated a “buy” rating and issued a $19.75 price target on shares of Nautilus in a research note on Friday, November 17th. Zacks Investment Research upgraded Nautilus from a “sell” rating to a “hold” rating in a research note on Tuesday, January 9th. Imperial Capital cut Nautilus from an “outperform” rating to an “in-line” rating and dropped their price target for the company from $20.00 to $14.00 in a research note on Tuesday, October 31st. Finally, Lake Street Capital cut Nautilus from a “buy” rating to a “hold” rating and dropped their price target for the company from $25.00 to $15.00 in a research note on Tuesday, October 31st. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $18.47.
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Nautilus Company Profile
Nautilus, Inc is a consumer fitness products company. The Company operates through two segments: Direct and Retail. Its principal business activities include designing, developing, sourcing and marketing of cardio and strength fitness products and related accessories for consumer use, primarily in the United States and Canada, but also in international markets outside North America.
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