WW International, Inc. (NASDAQ:WW) Director Denis F. Kelly Purchases 16,000 Shares of Stock

WW International, Inc. (NASDAQ:WW – Get Rating) Director Denis F. Kelly acquired 16,000 shares of the stock in a transaction that occurred on Thursday, May 11th. The stock was acquired at an average price of $6.86 per share, with a total value of $109,760.00. Following the completion of the transaction, the director now directly owns 96,921 shares of the company’s stock, valued at approximately $664,878.06. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

WW International Trading Up 8.2 %

Shares of NASDAQ WW opened at $7.40 on Tuesday. The stock has a market cap of $582.09 million, a P/E ratio of -1.44 and a beta of 1.68. WW International, Inc. has a 12-month low of $3.28 and a 12-month high of $10.02. The business’s fifty day simple moving average is $6.48 and its 200-day simple moving average is $5.03.

WW International (NASDAQ:WW – Get Rating) last announced its quarterly earnings data on Monday, March 6th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.02. The business had revenue of $223.92 million for the quarter, compared to analysts’ expectations of $226.01 million. WW International had a negative return on equity of 8.27% and a negative net margin of 36.74%. On average, equities analysts forecast that WW International, Inc. will post -0.03 EPS for the current fiscal year.

Institutional Trading of WW International

Hedge funds and other institutional investors have recently bought and sold shares of the business. Counterpoint Mutual Funds LLC acquired a new stake in WW International in the third quarter valued at $81,000. Teachers Retirement System of The State of Kentucky acquired a new stake in WW International in the third quarter valued at $84,000. Dupont Capital Management Corp raised its stake in WW International by 57.0% in the fourth quarter. Dupont Capital Management Corp now owns 22,998 shares of the company’s stock valued at $89,000 after buying an additional 8,350 shares in the last quarter. SG Americas Securities LLC acquired a new stake in WW International in the first quarter valued at $104,000. Finally, MetLife Investment Management LLC raised its stake in WW International by 26.0% in the third quarter. MetLife Investment Management LLC now owns 29,393 shares of the company’s stock valued at $116,000 after buying an additional 6,057 shares in the last quarter. 81.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have commented on WW. The Goldman Sachs Group upgraded WW International from a “neutral” rating to a “buy” rating and upped their price target for the stock from $3.80 to $13.00 in a research note on Monday, April 10th. Craig Hallum cut WW International from a “hold” rating to a “sell” rating and set a $4.00 price target on the stock. in a research note on Wednesday, March 8th. Morgan Stanley decreased their price target on WW International from $5.00 to $3.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 25th. DA Davidson restated a “buy” rating and set a $9.00 price target on shares of WW International in a research note on Wednesday, April 12th. Finally, StockNews.com upgraded WW International from a “sell” rating to a “hold” rating in a research note on Friday, May 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $6.92.

About WW International

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WW International, Inc engages in the provision of weight management services. It operates through the following geographical segments: North America, United Kingdom, Continental Europe and Other. The North America segment consists of United States and Canada company-owned operations. The United Kingdom segment includes United Kingdom company-owned operations.