Shares of Nutrisystem Inc. (NASDAQ:NTRI) saw an uptick in trading volume on Monday . 451,700 shares changed hands during trading, an increase of 136% from the previous session’s volume of 191,747 shares.The stock last traded at $28.11 and had previously closed at $28.51.

A number of brokerages have recently weighed in on NTRI. B. Riley reaffirmed a “buy” rating and set a $41.00 price target on shares of Nutrisystem in a report on Monday, August 1st. Barrington Research reaffirmed an “outperform” rating on shares of Nutrisystem in a report on Sunday, July 31st. Finally, Zacks Investment Research raised shares of Nutrisystem from a “hold” rating to a “buy” rating and set a $33.00 price target for the company in a report on Saturday, July 30th. Seven equities research analysts have rated the stock with a buy rating, Nutrisystem has a consensus rating of “Buy” and an average target price of $31.67.

The stock’s 50-day moving average is $28.41 and its 200-day moving average is $24.46. The firm has a market capitalization of $822.89 million and a PE ratio of 27.80.

Nutrisystem (NASDAQ:NTRI) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $0.54 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.04. During the same period last year, the company posted $0.41 earnings per share. The firm had revenue of $149.80 million for the quarter, compared to analysts’ expectations of $148.77 million. The business’s revenue for the quarter was up 15.0% compared to the same quarter last year. On average, analysts forecast that Nutrisystem Inc. will post $1.11 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 18th. Investors of record on Monday, August 8th were given a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 2.49%. The ex-dividend date was Thursday, August 4th.

In related news, Director Paul J. Guagliardo sold 3,142 shares of the stock in a transaction dated Thursday, June 16th. The shares were sold at an average price of $24.22, for a total transaction of $76,099.24. Following the sale, the director now directly owns 30,203 shares of the company’s stock, valued at approximately $731,516.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Dawn M. Zier sold 24,842 shares of the stock in a transaction dated Monday, June 20th. The shares were sold at an average price of $24.79, for a total transaction of $615,833.18. Following the sale, the chief executive officer now directly owns 242,213 shares in the company, valued at $6,004,460.27. The disclosure for this sale can be found here.

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's FREE daily email newsletter.