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

Key Points

• Director Lisa Gavales bought 5,000 WW shares at an average price of $11.03, spending $55,150; she directly owned 5,000 shares after the transaction.
• WW reported quarterly EPS of $1.51, beating the $0.63 analyst consensus, while revenue of $152.9 million slightly exceeded estimates of $152.33 million.
• Analyst views were mixed, with one Buy, one Hold, and one Sell rating; MarketBeat reported a consensus Hold rating and a $25 average price target.

WW International, Inc. (NASDAQ:WW - Get Free Report) Director Lisa Gavales purchased 5,000 shares of the stock in a transaction on Tuesday, November 10th. The shares were purchased at an average price of $11.03 per share, for a total transaction of $55,150.00. Following the transaction, the director directly 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 legal filing with the SEC, which is available through this link.

WW International Stock Performance

WW traded up $1.05 on Tuesday, hitting $12.02. 271,141 shares of the company were exchanged, compared to its average volume of 276,510. The firm has a fifty day simple moving average of $14.78 and a two-hundred day simple moving average of $15.88. The stock has a market capitalization of $120.19 million, a PE ratio of -2.08 and a beta of 1.67. WW International, Inc. has a 12 month low of $8.36 and a 12 month high of $35.25.

WW International (NASDAQ:WW - Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The company reported $1.51 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.88. The business had revenue of $152.90 million during the quarter, compared to analysts' expectations of $152.33 million. On average, equities analysts expect that WW International, Inc. will post -0.06 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

Institutional Trading of WW International

A number of hedge funds and other institutional investors have recently modified their holdings of WW. Cooper Creek Partners Management LLC raised its stake in WW International by 50.1% during the 1st 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 period. Cygnus Capital Advisors LLC raised its holdings in shares of 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 acquiring an additional 190,440 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of WW International during the 2nd quarter worth approximately $279,000. 86.18% of the stock is owned by hedge funds and other institutional investors.

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.

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