Felicia Dellafortuna Purchases 1,500 Shares of WW International (NASDAQ:WW) Stock

WW International, Inc. (NASDAQ:WW) CFO Felicia Dellafortuna purchased 1,500 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were purchased at an average price of $12.68 per share, for a total transaction of $19,020.00. Following the purchase, the chief financial officer directly owned 1,500 shares in the company, valued at $19,020. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

WW International Stock Up 12.9%

NASDAQ:WW opened at $17.10 on Friday. The stock’s 50 day moving average price is $12.22 and its 200 day moving average price is $20.41. The company has a market capitalization of $170.98 million, a PE ratio of -2.95 and a beta of 1.30. WW International, Inc. has a 52-week low of $8.36 and a 52-week high of $46.95.

WW International (NASDAQ:WW) last released its quarterly earnings results on Thursday, May 7th. The company reported ($5.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.85) by ($4.35). The company had revenue of $168.26 million during the quarter, compared to analysts’ expectations of $149.80 million. As a group, sell-side analysts anticipate that WW International, Inc. will post -0.06 EPS for the current fiscal year.

Analyst Ratings Changes

WW has been the topic of several recent research reports. Zacks Research upgraded WW International from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Wall Street Zen cut WW International from a “sell” rating to a “strong sell” rating in a research report on Saturday, May 9th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, WW International currently has an average rating of “Reduce”.

Hedge Funds Weigh In On WW International

Institutional investors have recently added to or reduced their stakes in the stock. Claret Asset Management Corp purchased a new stake in WW International in the 3rd quarter valued at approximately $280,000. Tudor Investment Corp ET AL acquired a new stake in shares of WW International in the 3rd quarter valued at approximately $528,000. Ameriprise Financial Inc. acquired a new stake in shares of WW International in the 3rd quarter valued at approximately $623,000. Quinn Opportunity Partners LLC acquired a new stake in shares of WW International in the 4th quarter valued at approximately $1,010,000. Finally, Mount Lucas Management LP acquired a new stake in shares of WW International in the 3rd quarter valued at approximately $1,094,000. Institutional investors and hedge funds own 86.18% of the company’s stock.

WW International Company Profile

WW International, Inc (NASDAQ: WW) is a global wellness and weight management company that provides a range of subscription-based programs, digital tools and personalized coaching services. Originally founded in 1963 by Jean Nidetch as a small support group in New York City, the company grew into the well-known Weight Watchers brand before rebranding as WW in 2018 to reflect an expanded focus on overall health, fitness and nutrition. Over the years, WW has introduced innovations such as the SmartPoints® system, which assigns values to foods based on their nutritional composition, and the MyWW® personalized wellness plan, which tailors recommendations to individual lifestyles and goals.

WW’s offerings span digital and in-person channels.