Weight Watchers International, Inc. (NYSE:WTW) General Counsel Michael F. Colosi sold 23,476 shares of Weight Watchers International stock in a transaction on Thursday, August 30th. The stock was sold at an average price of $75.36, for a total transaction of $1,769,151.36. Following the completion of the sale, the general counsel now owns 15,906 shares of the company’s stock, valued at approximately $1,198,676.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Weight Watchers International stock opened at $73.34 on Wednesday. The firm has a market capitalization of $4.99 billion, a price-to-earnings ratio of 44.38, a price-to-earnings-growth ratio of 1.26 and a beta of 2.95. The company has a debt-to-equity ratio of -1.77, a current ratio of 0.77 and a quick ratio of 0.72. Weight Watchers International, Inc. has a 12 month low of $40.93 and a 12 month high of $105.73.

Weight Watchers International (NYSE:WTW) last released its quarterly earnings data on Monday, August 6th. The company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.13. The firm had revenue of $409.70 million during the quarter, compared to the consensus estimate of $409.49 million. Weight Watchers International had a net margin of 14.96% and a negative return on equity of 16.18%. The firm’s revenue was up 19.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.67 earnings per share. analysts anticipate that Weight Watchers International, Inc. will post 2.97 earnings per share for the current fiscal year.

A number of analysts recently issued reports on the stock. UBS Group assumed coverage on shares of Weight Watchers International in a research note on Monday, July 9th. They issued a “neutral” rating for the company. Zacks Investment Research lowered shares of Weight Watchers International from a “strong-buy” rating to a “hold” rating in a research note on Saturday, July 7th. KeyCorp assumed coverage on shares of Weight Watchers International in a research note on Monday, July 9th. They issued an “overweight” rating and a $115.00 price target for the company. Craig Hallum lifted their price target on shares of Weight Watchers International from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, June 18th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Weight Watchers International to $120.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 7th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Weight Watchers International currently has an average rating of “Buy” and a consensus price target of $103.55.

A number of institutional investors have recently added to or reduced their stakes in WTW. FMR LLC boosted its holdings in Weight Watchers International by 24.7% in the second quarter. FMR LLC now owns 8,732,146 shares of the company’s stock worth $882,820,000 after purchasing an additional 1,729,188 shares during the period. Old Mutual Global Investors UK Ltd. acquired a new position in Weight Watchers International in the first quarter worth $82,450,000. Eagle Asset Management Inc. acquired a new position in Weight Watchers International in the second quarter worth $83,761,000. Carillon Tower Advisers Inc. acquired a new position in Weight Watchers International in the second quarter worth $73,424,000. Finally, BlackRock Inc. boosted its holdings in Weight Watchers International by 38.0% in the second quarter. BlackRock Inc. now owns 2,526,524 shares of the company’s stock worth $255,432,000 after purchasing an additional 696,255 shares during the period. 91.37% of the stock is owned by hedge funds and other institutional investors.

Weight Watchers International Company Profile

Weight Watchers International, Inc provides weight management services worldwide. The company operates in four segments: North America, United Kingdom, Continental Europe, and Other. It offers a range of products and services comprising nutritional, activity, behavioral, and lifestyle tools and approaches.

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Insider Buying and Selling by Quarter for Weight Watchers International (NYSE:WTW)

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