WW International, Inc. (NASDAQ:WW – Get Free Report) Director Lisa Gavales bought 5,000 shares of the business’s stock in a transaction on Tuesday, November 10th. The stock was bought at an average cost of $11.03 per share, for a total transaction of $55,150.00. Following the purchase, the director directly owned 5,000 shares of the company’s stock, valued at approximately $55,150. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
WW International Trading Up 8.6%
Shares of WW opened at $13.05 on Thursday. The stock has a market cap of $130.49 million, a P/E ratio of -2.25 and a beta of 1.67. WW International, Inc. has a 1 year low of $8.36 and a 1 year high of $35.25. The stock’s 50-day moving average price is $14.62 and its two-hundred day moving average price is $15.79.
WW International (NASDAQ:WW – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The company reported $1.51 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.88. The company had revenue of $152.90 million during the quarter, compared to the consensus estimate of $152.33 million. As a group, equities analysts forecast that WW International, Inc. will post -0.06 EPS for the current year.
Analysts Set New Price Targets
A number of brokerages recently issued reports on WW. Weiss Ratings reissued a “sell (d-)” rating on shares of WW International in a research report on Tuesday, November 3rd. Northland Securities assumed coverage on WW International in a research report on Friday, October 2nd. They set an “outperform” rating and a $25.00 price target for the company. Finally, Wall Street Zen raised WW International from a “sell” rating to a “hold” rating in a research report on Saturday, October 3rd. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, WW International currently has a consensus rating of “Hold” and an average target price of $25.00.
Read Our Latest Research Report on WW
Institutional Trading of WW International
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Cygnus Capital Advisors LLC boosted its position in WW International by 96.1% during the second quarter. Cygnus Capital Advisors LLC now owns 388,655 shares of the company’s stock valued at $6,211,000 after purchasing an additional 190,440 shares during the last quarter. Bank of New York Mellon Corp bought a new position in WW International in the second quarter valued at approximately $279,000. Finally, Cooper Creek Partners Management LLC grew its stake in WW International by 50.1% in the first quarter. Cooper Creek Partners Management LLC now owns 975,419 shares of the company’s stock valued at $13,402,000 after purchasing an additional 325,434 shares in the last quarter. Institutional investors and hedge funds own 86.18% of the company’s stock.
About WW International
WW International, Inc., formerly known as Weight Watchers, is a global wellness company focused on helping people manage their weight and improve their overall health. The company provides personalized programs built around nutrition, physical activity, behavior change and lifestyle support. WW’s offerings have historically included digital subscriptions, personalized meal and activity guidance, health and wellness content, mobile applications, virtual coaching and community-based support. The company has also operated in-person workshops and has expanded its services to include clinical weight-management support, including access to prescription-based treatment through its digital health platform.
Recommended Stories
- Five stocks we like better than WW International
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Receive News & Ratings for WW International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WW International and related companies with MarketBeat.com's FREE daily email newsletter.
