Insider Selling: WW International, Inc. (NASDAQ:WW) Director Sells 29,694 Shares of Stock

WW International, Inc. (NASDAQ:WW) Director Oprah Winfrey sold 29,694 shares of WW International stock in a transaction on Monday, June 7th. The shares were sold at an average price of $40.09, for a total transaction of $1,190,432.46. Following the transaction, the director now owns 1,651,637 shares in the company, valued at approximately $66,214,127.33. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Oprah Winfrey also recently made the following trade(s):

  • On Friday, June 4th, Oprah Winfrey sold 21,927 shares of WW International stock. The shares were sold at an average price of $40.01, for a total transaction of $877,299.27.
  • On Wednesday, June 2nd, Oprah Winfrey sold 114,772 shares of WW International stock. The shares were sold at an average price of $40.15, for a total transaction of $4,608,095.80.

WW International stock opened at $37.69 on Friday. The business has a 50-day simple moving average of $33.81. WW International, Inc. has a twelve month low of $17.75 and a twelve month high of $41.13. The company has a market cap of $2.62 billion, a P/E ratio of 41.88, a PEG ratio of 1.22 and a beta of 1.75.

WW International (NASDAQ:WW) last issued its quarterly earnings results on Wednesday, May 5th. The company reported ($0.20) EPS for the quarter, beating the consensus estimate of ($0.24) by $0.04. The company had revenue of $331.80 million for the quarter, compared to the consensus estimate of $332.35 million. WW International had a net margin of 4.80% and a negative return on equity of 18.56%. As a group, analysts forecast that WW International, Inc. will post 2.06 earnings per share for the current year.

WW has been the topic of a number of research reports. Zacks Investment Research upgraded shares of WW International from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a report on Wednesday, May 5th. DA Davidson lifted their price target on shares of WW International from $33.00 to $39.00 and gave the company a “buy” rating in a report on Thursday, May 6th. B. Riley lifted their price target on shares of WW International from $38.00 to $44.00 in a report on Monday, March 15th. The Goldman Sachs Group lifted their price target on shares of WW International from $25.00 to $44.00 and gave the company a “neutral” rating in a report on Tuesday, May 11th. Finally, Morgan Stanley reiterated an “equal weight” rating on shares of WW International in a report on Tuesday, April 13th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $36.73.

A number of large investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC grew its holdings in WW International by 32.4% during the 4th 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. Kendall Capital Management grew its holdings in WW International by 4.7% during the 4th quarter. Kendall Capital Management now owns 18,000 shares of the company’s stock valued at $439,000 after purchasing an additional 810 shares during the last quarter. AdvisorNet Financial Inc grew its holdings 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 purchasing an additional 1,130 shares during the last quarter. American International Group Inc. grew its holdings in WW International by 1.4% during the 1st quarter. American International Group Inc. now owns 113,196 shares of the company’s stock valued at $3,541,000 after purchasing an additional 1,590 shares during the last quarter. Finally, US Bancorp DE purchased a new stake in WW International in the 1st quarter valued at about $52,000. Institutional investors own 85.69% of the company’s stock.

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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Insider Buying and Selling by Quarter for WW International (NASDAQ:WW)

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