Tivity Health Inc (NASDAQ:TVTY) Director Bradley S. Karro acquired 2,900 shares of the business’s stock in a transaction dated Friday, March 22nd. The shares were bought at an average cost of $16.54 per share, for a total transaction of $47,966.00. Following the transaction, the director now directly owns 24,696 shares of the company’s stock, valued at approximately $408,471.84. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Tivity Health stock traded up $0.39 during mid-day trading on Monday, reaching $20.65. The company had a trading volume of 884,000 shares, compared to its average volume of 1,198,703. Tivity Health Inc has a 1 year low of $16.25 and a 1 year high of $41.46. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.08. The stock has a market cap of $832.08 million, a PE ratio of 8.82, a price-to-earnings-growth ratio of 0.85 and a beta of 1.01.
Tivity Health (NASDAQ:TVTY) last issued its earnings results on Tuesday, February 19th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.57 by $0.16. Tivity Health had a net margin of 16.30% and a return on equity of 30.19%. The company had revenue of $153.04 million during the quarter, compared to analysts’ expectations of $153.66 million. On average, sell-side analysts forecast that Tivity Health Inc will post 2.32 EPS for the current fiscal year.
Several institutional investors and hedge funds have recently modified their holdings of TVTY. JPMorgan Chase & Co. increased its stake in shares of Tivity Health by 91.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,545,523 shares of the company’s stock worth $81,838,000 after purchasing an additional 1,214,918 shares in the last quarter. BlackRock Inc. increased its stake in shares of Tivity Health by 13.5% during the 3rd quarter. BlackRock Inc. now owns 5,948,356 shares of the company’s stock worth $191,239,000 after purchasing an additional 709,730 shares in the last quarter. Millennium Management LLC grew its stake in Tivity Health by 291.6% in the 4th quarter. Millennium Management LLC now owns 867,656 shares of the company’s stock worth $21,527,000 after acquiring an additional 646,096 shares during the period. Norges Bank purchased a new stake in Tivity Health in the 4th quarter worth approximately $12,171,000. Finally, Clearbridge Investments LLC grew its stake in Tivity Health by 966,500.0% in the 3rd quarter. Clearbridge Investments LLC now owns 386,640 shares of the company’s stock worth $12,430,000 after acquiring an additional 386,600 shares during the period.
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About Tivity Health
Tivity Health, Inc provides fitness and health improvement programs in the United States. The company offers SilverSneakers senior fitness program to the members of Medicare advantage, Medicare supplement, and group retiree plans; and Prime fitness, a fitness facility access program through commercial health plans and employers.
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