Nutrisystem Inc. (NASDAQ:NTRI)’s share price shot up 2% during trading on Monday . The stock traded as high as $27.00 and last traded at $26.62, with a volume of 99,694 shares changing hands. The stock had previously closed at $26.10.

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

The stock’s 50-day moving average price is $25.59 and its 200 day moving average price is $22.37. The firm has a market capitalization of $752.53 million and a P/E ratio of 29.42.

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

In related news, CEO Dawn M. Zier sold 24,000 shares of the firm’s stock in a transaction on Thursday, May 26th. The shares were sold at an average price of $27.80, for a total value of $667,200.00. Following the completion of the transaction, the chief executive officer now directly owns 222,171 shares of the company’s stock, valued at $6,176,353.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Paul J. Guagliardo sold 3,142 shares of the firm’s stock in a transaction on Thursday, June 16th. The shares were sold at an average price of $24.22, for a total transaction of $76,099.24. Following the completion of the transaction, the director now directly owns 30,203 shares of the company’s stock, valued at $731,516.66. The disclosure for this sale can be found here.

Several institutional investors have recently added to or reduced their stakes in NTRI. GSA Capital Partners LLP boosted 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 in the last quarter. Nationwide Fund Advisors boosted its position in Nutrisystem by 206.7% in the fourth quarter. Nationwide Fund Advisors now owns 57,477 shares of the company’s stock valued at $1,244,000 after buying an additional 38,739 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted 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 in the last quarter. Dimensional Fund Advisors LP boosted its position 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 in the last quarter. Finally, California State Teachers Retirement System boosted its position in Nutrisystem by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 53,626 shares of the company’s stock valued at $1,160,000 after buying an additional 1,000 shares in 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.

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