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

Several brokerages have recently issued reports on NTRI. Zacks Investment Research downgraded shares of NutriSystem from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 7th. B. Riley reissued a “buy” rating and set a $41.00 price objective on shares of NutriSystem in a research report on Saturday, May 7th. Wunderlich increased their price objective on shares of NutriSystem from $28.00 to $31.00 and gave the stock a “buy” rating in a research report on Wednesday, May 4th. Finally, Vetr downgraded shares of NutriSystem from a “strong-buy” rating to a “buy” rating and set a $25.00 price objective for the company. in a research report on Monday, May 2nd. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $30.75.

The firm has a market capitalization of $780.79 million and a price-to-earnings ratio of 30.52. The firm has a 50 day moving average of $25.71 and a 200 day moving average of $22.21.

NutriSystem (NASDAQ:NTRI) last posted its earnings results on Tuesday, May 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.08. During the same quarter in the previous year, the company earned $0.10 EPS. The firm earned $162.10 million during the quarter, compared to the consensus estimate of $152.13 million. The business’s revenue was up 18.1% compared to the same quarter last year. On average, equities analysts expect that NutriSystem Inc. will post $1.07 earnings per share for the current fiscal year.

In other news, CEO Dawn M. Zier sold 24,842 shares of the company’s stock in a transaction on Monday, June 20th. The shares were sold at an average price of $24.79, for a total value of $615,833.18. Following the completion of the sale, the chief executive officer now owns 242,213 shares in the company, valued at approximately $6,004,460.27. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Dawn M. Zier sold 24,000 shares of the company’s stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $27.80, for a total transaction of $667,200.00. Following the completion of the sale, the chief executive officer now owns 222,171 shares of the company’s stock, valued at approximately $6,176,353.80. The disclosure for this sale can be found here.

Other hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its stake in NutriSystem by 3.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,046,155 shares of the company’s stock valued at $22,639,000 after buying an additional 30,848 shares during the last quarter. Wells Fargo & Company MN raised its position in NutriSystem by 18.9% in the fourth quarter. Wells Fargo & Company MN now owns 403,021 shares of the company’s stock valued at $8,722,000 after buying an additional 64,064 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in NutriSystem by 17,698.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 226,402 shares of the company’s stock valued at $4,898,000 after buying an additional 225,130 shares during the last quarter. Marshall Wace LLP bought a new position in NutriSystem during the fourth quarter valued at $2,879,000. Finally, GSA Capital Partners LLP raised its position in NutriSystem by 34.9% in the fourth quarter. GSA Capital Partners LLP now owns 124,719 shares of the company’s stock valued at $2,699,000 after buying an additional 32,284 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 four-week meal plan consisting supply of breakfasts, lunches, dinners and snacks and flex meal plan recipes, which they supplement with fresh fruits, vegetables and dairy.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.