Nautilus Inc. (NYSE:NLS) shares shot up 3.5% during trading on Thursday . The company traded as high as $18.56 and last traded at $18.48, with a volume of 144,991 shares trading hands. The stock had previously closed at $17.86.

A number of brokerages recently commented on NLS. B. Riley restated a “buy” rating and issued a $23.00 target price on shares of Nautilus in a research note on Tuesday, May 10th. Imperial Capital began coverage on Nautilus in a research note on Wednesday, July 6th. They issued an “outperform” rating and a $24.00 target price for the company. DA Davidson restated a “buy” rating and issued a $26.00 target price on shares of Nautilus in a research note on Sunday, May 1st. Zacks Investment Research upgraded Nautilus from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Thursday, May 12th. Finally, Sterne Agee CRT restated a “buy” rating on shares of Nautilus in a research note on Monday, May 16th. One analyst has rated the stock with a sell rating and six have assigned a buy rating to the company’s stock. Nautilus presently has an average rating of “Buy” and an average price target of $23.71.

The firm has a market cap of $577.82 million and a P/E ratio of 21.38. The company has a 50 day moving average of $18.89 and a 200 day moving average of $18.81.

Nautilus (NYSE:NLS) last issued its earnings results on Monday, May 9th. The company reported $0.38 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.03. The business had revenue of $120.90 million for the quarter, compared to the consensus estimate of $118.60 million. The business’s revenue was up 25.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.34 earnings per share. On average, equities analysts expect that Nautilus Inc. will post $1.13 EPS for the current fiscal year.

In other news, VP Robert O. Murdock sold 9,360 shares of Nautilus stock in a transaction that occurred on Friday, May 13th. The stock was sold at an average price of $20.00, for a total transaction of $187,200.00. Following the completion of the transaction, the vice president now directly owns 3,821 shares in the company, valued at approximately $76,420. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Jeffery Lynn Collins sold 8,403 shares of Nautilus stock in a transaction that occurred on Thursday, May 12th. The stock was sold at an average price of $19.57, for a total value of $164,446.71. Following the transaction, the vice president now owns 4,209 shares of the company’s stock, valued at $82,370.13. The disclosure for this sale can be found here.

Several hedge funds and institutional investors have modified their holdings of the company. GSA Capital Partners LLP increased its position in shares of Nautilus by 1.2% in the fourth quarter. GSA Capital Partners LLP now owns 123,139 shares of the company’s stock valued at $2,059,000 after buying an additional 1,443 shares in the last quarter. California Public Employees Retirement System increased its stake in Nautilus by 1.7% in the fourth quarter. California Public Employees Retirement System now owns 120,900 shares of the company’s stock valued at $2,021,000 after buying an additional 2,000 shares during the period. Russell Frank Co increased its stake in Nautilus by 2.1% in the fourth quarter. Russell Frank Co now owns 130,393 shares of the company’s stock valued at $2,202,000 after buying an additional 2,634 shares during the period. Dimensional Fund Advisors LP increased its stake in Nautilus by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,308,403 shares of the company’s stock valued at $21,877,000 after buying an additional 18,744 shares during the period. Finally, Wells Fargo & Company MN increased its stake in Nautilus by 10.5% in the fourth quarter. Wells Fargo & Company MN now owns 598,354 shares of the company’s stock valued at $10,005,000 after buying an additional 56,887 shares during the period.

Nautilus, Inc is a consumer fitness products company. The Company operates through two segments: Direct and Retail. The Direct segment offers products directly to consumers through television advertising, catalogs and the Internet. The Retail segment offers its products through a network of independent retail companies with stores and Websites located in the United States and internationally.

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