GSA Capital Partners LLP raised its position in shares of Town Sports International Holdings, Inc. (NASDAQ:CLUB) by 25.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 70,211 shares of the company’s stock after acquiring an additional 14,300 shares during the quarter. GSA Capital Partners LLP owned approximately 0.26% of Town Sports International worth $491,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CLUB. Cubist Systematic Strategies LLC purchased a new position in shares of Town Sports International during the third quarter valued at approximately $105,000. JPMorgan Chase & Co. lifted its holdings in shares of Town Sports International by 3,416.2% during the third quarter. JPMorgan Chase & Co. now owns 17,581 shares of the company’s stock valued at $120,000 after purchasing an additional 17,081 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Town Sports International by 1.7% during the second quarter. Northern Trust Corp now owns 48,863 shares of the company’s stock valued at $230,000 after purchasing an additional 838 shares during the last quarter. Algert Global LLC purchased a new position in shares of Town Sports International during the third quarter valued at approximately $324,000. Finally, EAM Investors LLC purchased a new position in shares of Town Sports International during the third quarter valued at approximately $817,000. 54.24% of the stock is currently owned by institutional investors and hedge funds.

In related news, CFO Carolyn Spatafora sold 11,546 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $5.74, for a total value of $66,274.04. Following the completion of the transaction, the chief financial officer now directly owns 218,729 shares in the company, valued at approximately $1,255,504.46. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michelle Ryan sold 11,316 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $5.98, for a total transaction of $67,669.68. Following the completion of the transaction, the insider now owns 18,333 shares of the company’s stock, valued at $109,631.34. The disclosure for this sale can be found here. Insiders have sold 29,097 shares of company stock valued at $170,174 over the last quarter. Company insiders own 19.00% of the company’s stock.

Several equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Town Sports International from a “strong sell” rating to a “hold” rating in a report on Monday. ValuEngine upgraded shares of Town Sports International from a “sell” rating to a “hold” rating in a report on Sunday.

Town Sports International Holdings, Inc. (NASDAQ:CLUB) opened at $5.60 on Thursday. Town Sports International Holdings, Inc. has a 1-year low of $2.45 and a 1-year high of $7.15. The stock has a market cap of $148.08, a P/E ratio of -8.75 and a beta of 3.03. The company has a current ratio of 0.95, a quick ratio of 0.94 and a debt-to-equity ratio of -1.95.

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About Town Sports International

Town Sports International Holdings, Inc is an owner and operator of fitness clubs in the Northeast and Mid-Atlantic regions of the United States fitness. As of December 31, 2016, the Company, through its subsidiaries, operated 150 fitness clubs (clubs). It owned and operated a total of 102 clubs under the New York Sports Clubs (NYSC) brand name within a 120-mile radius of New York City as of December 31, 2016, including 35 locations in Manhattan.

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Institutional Ownership by Quarter for Town Sports International (NASDAQ:CLUB)

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