Healthways, Inc. (NASDAQ:TVTY) insider Mary Flipse sold 1,340 shares of the stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $37.32, for a total transaction of $50,008.80. Following the completion of the transaction, the insider now owns 75,187 shares in the company, valued at $2,805,978.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Healthways, Inc. (NASDAQ TVTY) opened at 36.05 on Wednesday. Healthways, Inc. has a 12 month low of $19.25 and a 12 month high of $41.55. The company has a market capitalization of $1.42 billion, a P/E ratio of 16.24 and a beta of 0.37. The stock’s 50 day moving average is $39.13 and its 200 day moving average is $32.85.
Healthways (NASDAQ:TVTY) last announced its quarterly earnings results on Thursday, July 27th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.03. Healthways had a net margin of 17.30% and a return on equity of 29.81%. The firm had revenue of $138.90 million for the quarter, compared to the consensus estimate of $138.15 million. Healthways’s revenue for the quarter was up 11.1% compared to the same quarter last year. On average, equities analysts predict that Healthways, Inc. will post $1.52 EPS for the current fiscal year.
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A number of hedge funds have recently made changes to their positions in TVTY. Flinton Capital Management LLC increased its stake in shares of Healthways by 63.5% in the second quarter. Flinton Capital Management LLC now owns 3,502 shares of the company’s stock worth $139,000 after buying an additional 1,360 shares during the period. Riverhead Capital Management LLC increased its stake in shares of Healthways by 69.7% in the second quarter. Riverhead Capital Management LLC now owns 3,564 shares of the company’s stock worth $142,000 after buying an additional 1,464 shares during the period. Riggs Asset Managment Co. Inc. increased its stake in shares of Healthways by 3.6% in the second quarter. Riggs Asset Managment Co. Inc. now owns 53,856 shares of the company’s stock worth $2,146,000 after buying an additional 1,867 shares during the period. State of Alaska Department of Revenue purchased a new stake in shares of Healthways during the first quarter worth about $107,000. Finally, ClariVest Asset Management LLC purchased a new stake in shares of Healthways during the first quarter worth about $141,000.
Several research analysts have weighed in on TVTY shares. ValuEngine upgraded shares of Healthways from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Zacks Investment Research upgraded shares of Healthways from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a research report on Wednesday, April 26th. Jefferies Group LLC reiterated a “buy” rating and issued a $36.00 price target (up from $33.00) on shares of Healthways in a research report on Saturday, April 29th. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $41.00 price objective (up from $32.00) on shares of Healthways in a research report on Monday, May 1st. Finally, UBS AG raised their price objective on shares of Healthways from $37.00 to $43.00 and gave the company a “buy” rating in a research report on Friday, June 23rd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Healthways has a consensus rating of “Buy” and a consensus price target of $38.25.
Healthways Company Profile
Tivity Health, Inc, formerly Healthways, Inc, is focused targeted population health for those aged 50 and older. The Company offers three programs: SilverSneakers senior fitness, Prime fitness and WholeHealth Living. The SilverSneakers senior fitness program is offered to members of Medicare Advantage, Medicare Supplement, and Group Retiree plans.
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