Healthways, Inc. (NASDAQ:TVTY) Director Conan Laughlin sold 1,750,000 shares of the stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $37.90, for a total transaction of $66,325,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Healthways, Inc. (NASDAQ:TVTY) opened at 38.775 on Friday. The company has a 50-day moving average of $39.24 and a 200-day moving average of $31.87. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 17.466 and a beta of 0.37. Healthways, Inc. has a 1-year low of $16.04 and a 1-year high of $41.55.

Healthways (NASDAQ:TVTY) last released its quarterly earnings results on Thursday, July 27th. The company reported $0.41 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.03. Healthways had a net margin of 17.30% and a return on equity of 29.81%. The business had revenue of $138.90 million for the quarter, compared to the consensus estimate of $138.15 million. Healthways’s revenue for the quarter was up 11.1% compared to the same quarter last year. On average, equities analysts predict that Healthways, Inc. will post $1.52 earnings per share for the current year.

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Several institutional investors have recently added to or reduced their stakes in TVTY. State of Alaska Department of Revenue bought a new stake in Healthways during the first quarter worth about $107,000. ClariVest Asset Management LLC bought a new stake in Healthways during the first quarter worth about $141,000. US Bancorp DE bought a new stake in Healthways during the first quarter worth about $145,000. Strs Ohio bought a new stake in Healthways during the first quarter worth about $154,000. Finally, Capstone Asset Management Co. bought a new stake in Healthways during the first quarter worth about $216,000.

Several research analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Healthways from a “hold” rating to a “buy” rating and set a $38.00 price target on the stock in a research note on Tuesday, May 2nd. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $41.00 price target (up previously from $32.00) on shares of Healthways in a research note on Monday, May 1st. Jefferies Group LLC reiterated a “buy” rating and issued a $36.00 target price (up from $33.00) on shares of Healthways in a research note on Saturday, April 29th. Cantor Fitzgerald reiterated a “buy” rating and issued a $34.00 target price on shares of Healthways in a research note on Friday, April 28th. Finally, ValuEngine upgraded shares of Healthways from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Two investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $35.25.

About Healthways

Tivity Health, Inc, formerly Healthways, Inc, is focused targeted population health for those aged 50 and older. The Company offers three programs: SilverSneakers senior fitness, Prime fitness and WholeHealth Living. The SilverSneakers senior fitness program is offered to members of Medicare Advantage, Medicare Supplement, and Group Retiree plans.

Insider Buying and Selling by Quarter for Healthways (NASDAQ:TVTY)

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