NutriSystem Inc. (NASDAQ:NTRI) insider Keira Krausz sold 5,000 shares of the stock in a transaction on Thursday, January 11th. The shares were 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 owns 75,463 shares of the company’s stock, valued at approximately $3,845,594.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 shares were sold at an average price of $51.20, for a total value of $512,000.00.
NutriSystem Inc. (NASDAQ:NTRI) opened at $46.95 on Monday. NutriSystem Inc. has a one year low of $31.60 and a one year high of $67.95. The firm has a market cap of $1,410.00, a price-to-earnings ratio of 25.38, a PEG ratio of 1.12 and a beta of 1.01.
NutriSystem declared that its board has approved a stock buyback program on Wednesday, October 25th that allows the company to buyback $50.00 million in outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.
NTRI has been the subject of a number of research analyst reports. B. Riley set a $74.00 target price on NutriSystem and gave the company a “buy” rating in a report on Thursday, October 26th. Zacks Investment Research lowered NutriSystem from a “buy” rating to a “hold” rating in a report on Friday, December 15th. DA Davidson restated a “buy” rating and issued a $80.00 target price on shares of NutriSystem in a report on Friday, December 22nd. 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 equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. NutriSystem currently has an average rating of “Buy” and an average price target of $67.56.
A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its position in NutriSystem by 50.3% during the second quarter. Vanguard Group Inc. now owns 2,458,686 shares of the company’s stock worth $127,974,000 after buying an additional 823,221 shares during the last quarter. Eagle Asset Management Inc. increased its position in NutriSystem by 3.9% during the third quarter. Eagle Asset Management Inc. now owns 2,012,891 shares of the company’s stock worth $113,929,000 after buying an additional 75,425 shares during the last quarter. Dimensional Fund Advisors LP increased its position in NutriSystem by 1.5% during the third quarter. Dimensional Fund Advisors LP now owns 1,122,395 shares of the company’s stock worth $62,741,000 after buying an additional 16,610 shares during the last quarter. State Street Corp increased its position in NutriSystem by 10.6% during the second quarter. State Street Corp now owns 846,058 shares of the company’s stock worth $44,035,000 after buying an additional 81,175 shares during the last quarter. Finally, Thrivent Financial For Lutherans increased its position in NutriSystem by 2.0% during the second quarter. Thrivent Financial For Lutherans now owns 759,853 shares of the company’s stock worth $39,550,000 after buying an additional 14,672 shares during the last quarter.
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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