Disciplined Growth Investors Inc. MN raised its holdings in shares of Nautilus, Inc. (NYSE:NLS) by 3.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,017,552 shares of the specialty retailer’s stock after purchasing an additional 31,777 shares during the quarter. Disciplined Growth Investors Inc. MN’s holdings in Nautilus were worth $13,584,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also modified their holdings of the business. SG Americas Securities LLC purchased a new position in shares of Nautilus during the 3rd quarter valued at $134,000. Engine Capital Management LLC purchased a new position in shares of Nautilus during the 4th quarter valued at $134,000. Teacher Retirement System of Texas purchased a new position in shares of Nautilus during the 4th quarter valued at $142,000. Jane Street Group LLC purchased a new position in shares of Nautilus during the 3rd quarter valued at $173,000. Finally, Virtu Financial LLC purchased a new position in shares of Nautilus during the 4th quarter valued at $179,000. 88.95% of the stock is currently owned by institutional investors and hedge funds.
In related news, VP Jeffery Lynn Collins sold 2,335 shares of the company’s stock in a transaction on Thursday, March 8th. The shares were sold at an average price of $13.00, for a total value of $30,355.00. Following the completion of the transaction, the vice president now directly owns 3,432 shares in the company, valued at $44,616. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Bruce M. Cazenave sold 10,700 shares of the company’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $11.99, for a total transaction of $128,293.00. Following the completion of the transaction, the chief executive officer now owns 372,876 shares of the company’s stock, valued at $4,470,783.24. The disclosure for this sale can be found here. Insiders sold 23,735 shares of company stock valued at $294,003 over the last quarter. 3.70% of the stock is owned by company insiders.
NLS stock opened at $12.80 on Wednesday. Nautilus, Inc. has a 1 year low of $11.30 and a 1 year high of $19.80. The stock has a market cap of $419.15, a price-to-earnings ratio of 15.06, a P/E/G ratio of 1.36 and a beta of 1.61. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.94 and a quick ratio of 1.39.
Nautilus (NYSE:NLS) last announced its earnings results on Monday, March 5th. The specialty retailer reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.04). Nautilus had a return on equity of 15.93% and a net margin of 6.47%. The company had revenue of $127.80 million during the quarter, compared to analysts’ expectations of $128.64 million. During the same quarter last year, the firm posted $0.38 earnings per share. The firm’s revenue was up 1.6% on a year-over-year basis. analysts predict that Nautilus, Inc. will post 1 EPS for the current fiscal year.
Nautilus declared that its Board of Directors has initiated a stock repurchase program on Monday, March 5th that authorizes the company to repurchase $15.00 million in shares. This repurchase authorization authorizes the specialty retailer to purchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.
Nautilus, Inc, a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, elliptical machine, bike products, strength products, home gyms, dumbbells, kettlebell weights, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.
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