WW International, Inc. (NASDAQ:WW) has received a consensus recommendation of “Buy” from the ten analysts that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $34.29.
WW has been the topic of a number of research analyst reports. DA Davidson decreased their price target on shares of WW International from $38.00 to $33.00 and set a “buy” rating on the stock in a report on Thursday, March 4th. Zacks Investment Research raised shares of WW International from a “sell” rating to a “hold” rating in a report on Wednesday, April 28th. Morgan Stanley reissued an “equal weight” rating on shares of WW International in a report on Tuesday, April 13th. Finally, B. Riley increased their price target on shares of WW International from $38.00 to $44.00 in a report on Monday, March 15th.
NASDAQ WW traded down $0.93 on Thursday, hitting $26.11. The stock had a trading volume of 2,330,312 shares, compared to its average volume of 1,872,948. WW International has a 52-week low of $17.75 and a 52-week high of $37.35. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of 21.58, a price-to-earnings-growth ratio of 1.04 and a beta of 2.88. The firm has a 50-day moving average of $30.63 and a 200-day moving average of $28.02.
In other WW International news, Director Oprah Winfrey sold 120,857 shares of the stock in a transaction 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 completion of the sale, the director now owns 2,679,611 shares of the company’s stock, valued at approximately $94,188,326.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 548,273 shares of company stock valued at $19,300,179 in the last three months. 12.48% of the stock is currently owned by corporate insiders.
Several large investors have recently bought and sold shares of the company. Handelsbanken Fonder AB purchased a new stake in shares of WW International in the 1st quarter worth about $449,000. US Bancorp DE purchased a new position in WW International during the 1st quarter valued at about $52,000. AdvisorNet Financial Inc lifted its position in WW International by 5.4% during the 1st quarter. AdvisorNet Financial Inc now owns 22,215 shares of the company’s stock valued at $695,000 after acquiring an additional 1,130 shares during the period. UBS Asset Management Americas Inc. lifted its position in WW International by 16.1% during the 4th quarter. UBS Asset Management Americas Inc. now owns 51,275 shares of the company’s stock valued at $1,251,000 after acquiring an additional 7,100 shares during the period. Finally, Alpha Paradigm Partners LLC purchased a new position in WW International during the 4th quarter valued at about $131,000. 80.08% of the stock is owned by hedge funds and other institutional investors.
WW International Company Profile
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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