Life Time Group (NYSE:LTH) Director John Kristofer Galashan Sells 2,493,083 Shares

Key Points

• Director sale: John Kristofer Galashan sold 2,493,083 shares at an average of $28.60 for a total of $71.30M, reducing his stake by 10.01% to 22,412,978 shares valued at about $641.0M.
• Positive operational and market backdrop: Life Time reported a Q1 beat (EPS $0.42 vs $0.39; revenue $788.7M, +11.7% YoY), completed a major share repurchase and drew analyst upgrades (targets raised to roughly $38–$44, consensus $40.40), though the stock has seen profit-taking and higher intraday volume after the rally.

Life Time Group Holdings, Inc. (NYSE:LTH - Get Free Report) Director John Kristofer Galashan sold 2,493,083 shares of the firm's stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $28.60, for a total transaction of $71,302,173.80. Following the transaction, the director owned 22,412,978 shares in the company, valued at $641,011,170.80. This represents a 10.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Life Time Group Stock Performance

NYSE LTH traded down $1.49 during midday trading on Thursday, hitting $32.10. The company had a trading volume of 5,467,002 shares, compared to its average volume of 2,867,406. The firm has a fifty day simple moving average of $27.15 and a two-hundred day simple moving average of $27.11. The stock has a market cap of $7.12 billion, a price-to-earnings ratio of 18.77, a P/E/G ratio of 1.24 and a beta of 1.50. Life Time Group Holdings, Inc. has a fifty-two week low of $24.14 and a fifty-two week high of $34.99. The company has a quick ratio of 0.52, a current ratio of 0.63 and a debt-to-equity ratio of 0.48.

Life Time Group (NYSE:LTH - Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.03. Life Time Group had a net margin of 12.56% and a return on equity of 10.29%. The company had revenue of $788.70 million during the quarter, compared to the consensus estimate of $787.65 million. During the same period last year, the firm earned $0.39 EPS. The firm's revenue for the quarter was up 11.7% compared to the same quarter last year. Equities analysts forecast that Life Time Group Holdings, Inc. will post 1.47 earnings per share for the current fiscal year.

Trending Headlines about Life Time Group

Here are the key news stories impacting Life Time Group this week:

• Positive Sentiment: Q1 beat and upbeat outlook — Life Time reported stronger-than-expected Q1 results and management commentary that highlighted growth momentum, which kicked off a recent rally. Life Time Group (LTH) Soars 12% on Stellar Earnings, Upbeat Outlook
• Positive Sentiment: Completed major share repurchase — The company announced completion of a previously disclosed large repurchase transaction, reducing float and signaling capital-return priority. Life Time Group Completes Major Share Repurchase Transaction
• Positive Sentiment: Strategic investor entry and additional repurchase disclosure — Announcements around a $62.71M repurchase program and a strategic investor participation add credibility to the buyback plan. Life Time announces $62.71M share repurchase and strategic investor entry
• Positive Sentiment: Analyst upgrades and higher targets — Mizuho raised its price target to $44 (outperform) and Wells Fargo raised its target to $38 (overweight), providing further support for the stock’s upside case. Analyst coverage/price target updates
• Neutral Sentiment: Strategic small acquisition — Life Time acquired the Phoenix 10K race, expanding its events/running portfolio; a niche brand tuck-in that supports community engagement but is unlikely to move near-term earnings materially. Life Time Expands Running Portfolio with Acquisition of the Phoenix 10K
• Neutral Sentiment: Ongoing analyst interest — Several outlets featured LTH among consumer-cyclical picks, which helps visibility but may already be priced in after recent upgrades. Analysts’ Top Consumer Cyclical Picks
• Negative Sentiment: Profit-taking, high volume and liquidity metrics — The stock is pulling back on above-average volume after the post-earnings run; shorter-term technical resistance and limited short-term liquidity (quick ratio ~0.52, current ratio ~0.63) may amplify intraday weakness.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. The Goldman Sachs Group restated a "neutral" rating and set a $37.00 target price on shares of Life Time Group in a report on Wednesday. Weiss Ratings restated a "hold (c+)" rating on shares of Life Time Group in a research note on Thursday, January 22nd. Morgan Stanley lifted their target price on Life Time Group from $37.00 to $38.00 and gave the stock an "overweight" rating in a report on Monday, February 23rd. Zacks Research upgraded shares of Life Time Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 24th. Finally, Northland Securities set a $42.00 target price on shares of Life Time Group in a research note on Friday, January 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Life Time Group presently has a consensus rating of "Buy" and an average price target of $40.40.

Hedge Funds Weigh In On Life Time Group

Several large investors have recently modified their holdings of LTH. Dimensional Fund Advisors LP lifted its position in shares of Life Time Group by 15.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 8,090,037 shares of the company's stock valued at $217,929,000 after buying an additional 1,068,208 shares in the last quarter. Swiss National Bank grew its position in shares of Life Time Group by 0.6% during the 1st quarter. Swiss National Bank now owns 283,700 shares of the company's stock worth $7,643,000 after buying an additional 1,800 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Life Time Group by 79.0% during the 1st quarter. Bank of New York Mellon Corp now owns 862,524 shares of the company's stock worth $23,236,000 after purchasing an additional 380,610 shares during the last quarter. Maryland State Retirement & Pension System purchased a new stake in shares of Life Time Group during the 1st quarter worth $596,000. Finally, Principal Financial Group Inc. raised its stake in Life Time Group by 18.1% in the first quarter. Principal Financial Group Inc. now owns 2,589,462 shares of the company's stock valued at $69,760,000 after buying an additional 397,248 shares during the last quarter. Hedge funds and other institutional investors own 79.40% of the company's stock.

About Life Time Group

Life Time Group NYSE: LTH is a premier operator of health, fitness and lifestyle centers across North America. The company's core business encompasses the development, ownership and management of premium athletic resorts that integrate state-of-the-art fitness facilities, group exercise studios, indoor and outdoor pools, running tracks, and spa and salon services. In addition to its brick-and-mortar clubs, Life Time offers a digital platform featuring on-demand and live-streamed workouts, personalized training programs and nutrition guidance, enabling members to pursue their wellness goals both at home and on the go.

Founded in 1992 and headquartered in Chanhassen, Minnesota, Life Time has grown from a single Minnesota health club into a network of more than 160 locations across the United States and Canada.

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