Healthways, Inc. (NASDAQ:TVTY) insider Glenn Hargreaves sold 21,105 shares of the business’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $38.00, for a total value of $801,990.00. Following the completion of the transaction, the insider now owns 59,077 shares in the company, valued at approximately $2,244,926. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Shares of Healthways, Inc. (TVTY) opened at 38.65 on Wednesday. The stock’s 50 day moving average price is $39.30 and its 200 day moving average price is $32.00. The company has a market cap of $1.52 billion, a P/E ratio of 17.41 and a beta of 0.37. Healthways, Inc. has a 1-year low of $17.55 and a 1-year high of $41.55.

Healthways (NASDAQ:TVTY) last issued its quarterly earnings data on Thursday, July 27th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.03. Healthways had a return on equity of 29.81% and a net margin of 17.30%. The company had revenue of $138.90 million during the quarter, compared to analysts’ expectations of $138.15 million. The company’s quarterly revenue was up 11.1% on a year-over-year basis. Equities research analysts forecast that Healthways, Inc. will post $1.52 earnings per share for the current year.

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Large investors have recently modified their holdings of the company. State of Alaska Department of Revenue purchased a new stake in shares of Healthways during the first quarter worth about $107,000. ClariVest Asset Management LLC purchased a new stake in shares of Healthways during the first quarter worth about $141,000. US Bancorp DE purchased a new stake in shares of Healthways during the first quarter worth about $145,000. Strs Ohio purchased a new stake in shares of Healthways during the first quarter worth about $154,000. Finally, Capstone Asset Management Co. purchased a new stake in shares of Healthways during the first quarter worth about $216,000.

A number of research analysts have commented on the company. Barrington Research boosted their target price on Healthways from $35.00 to $44.00 and gave the company an “outperform” rating in a research note on Friday, July 28th. Zacks Investment Research downgraded Healthways from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. BidaskClub upgraded Healthways from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 9th. Cantor Fitzgerald boosted their target price on Healthways from $34.00 to $42.00 and gave the company an “overweight” rating in a research note on Friday, June 9th. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $36.00 price target on shares of Healthways in a research note on Friday, June 16th. Two analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $35.25.

Healthways Company Profile

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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