WW International, Inc. (NASDAQ:WW) shares gapped down prior to trading on Thursday . The stock had previously closed at $31.49, but opened at $29.88. WW International shares last traded at $28.92, with a volume of 8,354 shares changing hands.
A number of equities analysts recently issued reports on WW shares. B. Riley increased their target price on shares of WW International from $38.00 to $44.00 in a research report on Monday, March 15th. Zacks Investment Research lowered shares of WW International from a “hold” rating to a “sell” rating in a research report on Thursday, March 4th. DA Davidson decreased their target price on shares of WW International from $38.00 to $33.00 and set a “buy” rating for the company in a research report on Thursday, March 4th. Morgan Stanley lowered shares of WW International from an “overweight” rating to an “equal weight” rating and set a $34.00 target price for the company. in a research report on Wednesday. Finally, Wolfe Research began coverage on shares of WW International in a research report on Tuesday, December 15th. They issued an “outperform” rating and a $36.00 target price for the company. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company. WW International presently has a consensus rating of “Buy” and a consensus target price of $32.50.
The firm’s fifty day simple moving average is $31.81 and its 200 day simple moving average is $26.99. The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 23.90, a PEG ratio of 1.04 and a beta of 2.88.
In related news, Director Oprah Winfrey sold 120,857 shares of the firm’s stock in a transaction that occurred on Wednesday, March 3rd. The shares were sold at an average price of $35.15, for a total transaction of $4,248,123.55. Following the transaction, the director now owns 2,679,611 shares of the company’s stock, valued at $94,188,326.65. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last ninety days, insiders have sold 548,273 shares of company stock worth $19,300,179. Insiders own 12.48% of the company’s stock.
Hedge funds have recently made changes to their positions in the business. Nisa Investment Advisors LLC grew its holdings in WW International by 32.4% during the fourth quarter. Nisa Investment Advisors LLC now owns 2,245 shares of the company’s stock valued at $55,000 after purchasing an additional 550 shares during the last quarter. Alpha Paradigm Partners LLC acquired a new stake in shares of WW International in the fourth quarter worth $131,000. Kendall Capital Management grew its stake in shares of WW International by 4.7% in the fourth quarter. Kendall Capital Management now owns 18,000 shares of the company’s stock worth $439,000 after acquiring an additional 810 shares during the last quarter. AdvisorNet Financial Inc grew its stake in shares of WW International by 2,711.3% in the fourth quarter. AdvisorNet Financial Inc now owns 21,085 shares of the company’s stock worth $514,000 after acquiring an additional 20,335 shares during the last quarter. Finally, UBS Asset Management Americas Inc. grew its stake in shares of WW International by 16.1% in the fourth quarter. UBS Asset Management Americas Inc. now owns 51,275 shares of the company’s stock worth $1,251,000 after acquiring an additional 7,100 shares during the last quarter. Institutional investors own 80.08% of the company’s stock.
WW International Company Profile (NASDAQ:WW)
WW International, Inc provides weight management products and services worldwide. The company operates in four segments: North America, Continental Europe, United Kingdom, and Other. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and Web-based products, including personal coaching and digital products; and allows members to inspire and support each other by sharing their experiences with other people on weight management and wellness journeys.
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