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

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

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.

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About NutriSystem

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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