Royce & Associates LP trimmed its stake in Nautilus, Inc. (NYSE:NLS) by 0.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,169,120 shares of the specialty retailer’s stock after selling 5,600 shares during the period. Royce & Associates LP owned approximately 3.92% of Nautilus worth $16,309,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of NLS. Piedmont Investment Advisors LLC purchased a new position in shares of Nautilus in the 2nd quarter valued at $111,000. SG Americas Securities LLC purchased a new position in shares of Nautilus in the 2nd quarter valued at $120,000. Bank of Montreal Can grew its position in shares of Nautilus by 1,797.3% in the 2nd quarter. Bank of Montreal Can now owns 11,403 shares of the specialty retailer’s stock valued at $178,000 after buying an additional 10,802 shares during the last quarter. Aperio Group LLC purchased a new position in shares of Nautilus in the 2nd quarter valued at $178,000. Finally, Itau Unibanco Holding S.A. purchased a new position in shares of Nautilus in the 2nd quarter valued at $181,000. 95.88% of the stock is currently owned by hedge funds and other institutional investors.

In other Nautilus news, CEO Bruce M. Cazenave sold 16,600 shares of the firm’s stock in a transaction on Tuesday, September 25th. The shares were sold at an average price of $14.01, for a total transaction of $232,566.00. Following the transaction, the chief executive officer now directly owns 382,094 shares of the company’s stock, valued at approximately $5,353,136.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Anne Saunders sold 4,500 shares of the firm’s stock in a transaction on Friday, November 30th. The stock was sold at an average price of $12.87, for a total transaction of $57,915.00. Following the transaction, the director now directly owns 11,120 shares in the company, valued at $143,114.40. The disclosure for this sale can be found here. Company insiders own 3.50% of the company’s stock.

Shares of Nautilus stock opened at $12.36 on Wednesday. Nautilus, Inc. has a 1 year low of $10.82 and a 1 year high of $17.20. The company has a current ratio of 1.93, a quick ratio of 1.35 and a debt-to-equity ratio of 0.11. The firm has a market cap of $384.55 million, a price-to-earnings ratio of 14.05, a price-to-earnings-growth ratio of 1.25 and a beta of 1.18.

Nautilus (NYSE:NLS) last issued its quarterly earnings data on Monday, October 29th. The specialty retailer reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.02). Nautilus had a return on equity of 11.91% and a net margin of 5.31%. The business had revenue of $91.10 million for the quarter, compared to analysts’ expectations of $94.12 million. During the same period in the previous year, the business posted $0.27 earnings per share. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. On average, research analysts forecast that Nautilus, Inc. will post 1.03 EPS for the current year.

A number of research analysts recently commented on the stock. ValuEngine raised shares of Nautilus from a “sell” rating to a “hold” rating in a research report on Wednesday, November 21st. Imperial Capital dropped their target price on shares of Nautilus to $12.00 and set an “in-line” rating on the stock in a research report on Tuesday, October 30th. Finally, B. Riley increased their target price on shares of Nautilus from $19.50 to $21.00 and gave the company a “buy” rating in a research report on Friday, August 24th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. Nautilus presently has an average rating of “Hold” and a consensus target price of $16.50.

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Nautilus Profile

Nautilus, Inc, a consumer fitness products company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, elliptical machine, bike products, strength products, home gyms, dumbbells, kettlebell weights, and weight benches primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands.

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Institutional Ownership by Quarter for Nautilus (NYSE:NLS)

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