Mary Flipse Sells 1,340 Shares of Healthways, Inc. (TVTY) Stock

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.

Insider Buying and Selling by Quarter for Healthways (NASDAQ:TVTY)

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