WW International (NASDAQ:WW) Director Lisa Gavales Acquires 5,000 Shares of Company Stock

WW International, Inc. (NASDAQ:WW) Director Lisa Gavales purchased 5,000 shares of the firm’s stock in a transaction on Tuesday, November 10th. The stock was bought at an average price of $11.03 per share, with a total value of $55,150.00. Following the completion of the purchase, the director owned 5,000 shares of the company’s stock, valued at approximately $55,150. This represents a ? increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

WW International Stock Up 9.6%

Shares of WW International stock opened at $12.02 on Wednesday. WW International, Inc. has a 12-month low of $8.36 and a 12-month high of $35.25. The stock has a market cap of $120.19 million, a P/E ratio of -2.08 and a beta of 1.67. The business’s 50 day moving average is $14.69 and its 200-day moving average is $15.83.

WW International (NASDAQ:WW) last released its earnings results on Thursday, November 5th. The company reported $1.51 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.88. The firm had revenue of $152.90 million during the quarter, compared to the consensus estimate of $152.33 million. On average, sell-side analysts expect that WW International, Inc. will post -0.06 EPS for the current year.

Analysts Set New Price Targets

Several research firms have issued reports on WW. Wall Street Zen upgraded WW International from a “sell” rating to a “hold” rating in a research note on Saturday, October 3rd. Northland Securities began coverage on WW International in a research note on Friday, October 2nd. They set an “outperform” rating and a $25.00 target price for the company. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of WW International in a report on Tuesday, November 3rd. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $25.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of WW. Cooper Creek Partners Management LLC grew its position in shares of 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 during the last quarter. Cygnus Capital Advisors LLC lifted its holdings in WW International by 96.1% during the 2nd quarter. Cygnus Capital Advisors LLC now owns 388,655 shares of the company’s stock worth $6,211,000 after purchasing an additional 190,440 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in WW International during the 2nd quarter worth approximately $279,000. Institutional investors and hedge funds own 86.18% of the company’s stock.

WW International Company Profile

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.