Nutrisystem Inc. (NASDAQ:NTRI) traded down 1.9% during trading on Monday . The stock traded as low as $26.24 and last traded at $26.35, with a volume of 108,968 shares trading hands. The stock had previously closed at $26.87.

A number of brokerages recently commented on NTRI. B. Riley reaffirmed a “buy” rating and set a $41.00 price objective on shares of Nutrisystem in a research note on Saturday, May 7th. Wunderlich lifted their price objective on Nutrisystem from $28.00 to $31.00 and gave the stock a “buy” rating in a research note on Wednesday, May 4th. Vetr cut Nutrisystem from a “strong-buy” rating to a “buy” rating and set a $25.00 price objective for the company. in a research note on Monday, May 2nd. Finally, Zacks Investment Research cut Nutrisystem from a “strong-buy” rating to a “hold” rating in a research note on Thursday. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $30.75.

The firm has a market cap of $767.97 million and a PE ratio of 30.02. The firm has a 50-day moving average of $25.71 and a 200-day moving average of $22.13.

Nutrisystem (NASDAQ:NTRI) last announced its quarterly earnings results on Tuesday, May 3rd. The company reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.08. During the same quarter in the previous year, the company posted $0.10 earnings per share. The firm earned $162.10 million during the quarter, compared to the consensus estimate of $152.13 million. The firm’s revenue was up 18.1% on a year-over-year basis. Equities research analysts predict that Nutrisystem Inc. will post $1.07 EPS for the current year.

In other news, CEO Dawn M. Zier sold 24,842 shares of the stock in a transaction on Monday, June 20th. The stock was sold at an average price of $24.79, for a total value of $615,833.18. Following the completion of the transaction, the chief executive officer now directly owns 242,213 shares in the company, valued at approximately $6,004,460.27. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Michael P. Monahan sold 52,773 shares of the stock in a transaction on Tuesday, May 24th. The shares were sold at an average price of $27.01, for a total value of $1,425,398.73. Following the completion of the transaction, the chief financial officer now owns 67,273 shares of the company’s stock, valued at $1,817,043.73. The disclosure for this sale can be found here.

Several hedge funds and institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System boosted its position in shares of Nutrisystem by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 53,626 shares of the company’s stock worth $1,160,000 after buying an additional 1,000 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Nutrisystem by 3.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,046,155 shares of the company’s stock worth $22,639,000 after buying an additional 30,848 shares during the last quarter. GSA Capital Partners LLP boosted its position in shares of Nutrisystem by 34.9% in the fourth quarter. GSA Capital Partners LLP now owns 124,719 shares of the company’s stock worth $2,699,000 after buying an additional 32,284 shares during the last quarter. Trexquant Investment LP boosted its position in shares of Nutrisystem by 114.9% in the fourth quarter. Trexquant Investment LP now owns 68,541 shares of the company’s stock worth $1,483,000 after buying an additional 36,641 shares during the last quarter. Finally, Nationwide Fund Advisors boosted its position in shares of Nutrisystem by 206.7% in the fourth quarter. Nationwide Fund Advisors now owns 57,477 shares of the company’s stock worth $1,244,000 after buying an additional 38,739 shares during the last quarter.

Nutrisystem, Inc (Nutrisystem) is a provider of weight management products and services, including nutritionally balanced weight loss programs, multi-day kits available at retail locations and digital tools to support weight loss. The Company’s program customers purchase monthly food packages containing a 28-day supply of breakfasts, lunches, dinners, snacks and desserts, which they supplement with fresh fruits, vegetables and dairy.

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