Weight Watchers International, Inc. (NYSE:WTW) insider Corinne Pollier-Bousquet sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $19.17, for a total transaction of $191,700.00. Following the sale, the insider now directly owns 36,183 shares of the company’s stock, valued at $693,628.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of NYSE:WTW opened at $20.09 on Friday. Weight Watchers International, Inc. has a 52 week low of $18.80 and a 52 week high of $105.73.
A number of equities research analysts recently weighed in on WTW shares. TheStreet downgraded shares of Weight Watchers International from a “b-” rating to a “c+” rating in a research note on Monday, January 14th. Morgan Stanley set a $21.00 price target on shares of Weight Watchers International and gave the stock a “hold” rating in a research note on Friday, March 1st. Sidoti dropped their price target on shares of Weight Watchers International from $122.00 to $99.00 and set a “buy” rating for the company in a research note on Monday, February 11th. Craig Hallum reissued a “buy” rating and set a $60.00 price target (down from $80.00) on shares of Weight Watchers International in a research note on Wednesday, February 20th. Finally, JPMorgan Chase & Co. downgraded shares of Weight Watchers International from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $70.00 to $37.00 in a research note on Friday, January 11th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $44.31.
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About Weight Watchers International
Weight Watchers International, Inc provides weight management services worldwide. The company operates in four segments: North America, United Kingdom, Continental Europe, and Other. It offers a range of products and services comprising nutritional, activity, behavioral, and lifestyle tools and approaches.
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