Healthways, Inc. (NASDAQ:TVTY) has earned a consensus rating of “Buy” from the ten analysts that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $40.14.

Several research analysts have recently issued reports on TVTY shares. ValuEngine upgraded shares of Healthways from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Zacks Investment Research downgraded shares of Healthways from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. UBS AG upped their target price on shares of Healthways from $37.00 to $43.00 and gave the stock a “buy” rating in a research note on Friday, June 23rd. Chardan Capital started coverage on shares of Healthways in a research note on Tuesday, August 29th. They issued a “neutral” rating and a $40.00 target price on the stock. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $36.00 target price on shares of Healthways in a research note on Friday, June 16th.

In other news, insider Glenn Hargreaves sold 21,105 shares of the business’s stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $38.00, for a total transaction of $801,990.00. Following the completion of the transaction, the insider now directly owns 59,077 shares of the company’s stock, valued at $2,244,926. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Mary Flipse sold 1,340 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $37.32, for a total transaction of $50,008.80. Following the transaction, the insider now directly owns 75,187 shares of the company’s stock, valued at $2,805,978.84. The disclosure for this sale can be found here. Insiders have sold 1,809,913 shares of company stock valued at $68,582,025 over the last three months. 8.42% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in TVTY. Flinton Capital Management LLC raised its holdings in shares of Healthways by 63.5% during the second quarter. Flinton Capital Management LLC now owns 3,502 shares of the company’s stock valued at $139,000 after purchasing an additional 1,360 shares during the last quarter. ClariVest Asset Management LLC purchased a new position in shares of Healthways during the first quarter valued at approximately $141,000. Riverhead Capital Management LLC raised its holdings in shares of Healthways by 69.7% during the second quarter. Riverhead Capital Management LLC now owns 3,564 shares of the company’s stock valued at $142,000 after purchasing an additional 1,464 shares during the last quarter. US Bancorp DE purchased a new position in shares of Healthways during the first quarter valued at approximately $145,000. Finally, Strs Ohio purchased a new position in shares of Healthways during the first quarter valued at approximately $154,000.

Healthways (NASDAQ:TVTY) traded up 0.78% during midday trading on Friday, reaching $38.75. 377,204 shares of the company’s stock traded hands. The firm’s 50-day moving average is $37.95 and its 200 day moving average is $34.76. Healthways has a 52-week low of $19.25 and a 52-week high of $41.55. The firm has a market cap of $1.53 billion, a PE ratio of 17.45 and a beta of 0.41.

Healthways (NASDAQ:TVTY) last issued its earnings results on Thursday, July 27th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.03. The firm had revenue of $138.90 million for the quarter, compared to the consensus estimate of $138.15 million. Healthways had a net margin of 17.30% and a return on equity of 29.81%. The business’s quarterly revenue was up 11.1% on a year-over-year basis. Equities research analysts expect that Healthways will post $1.53 earnings per share for the current fiscal year.

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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.

Analyst Recommendations for Healthways (NASDAQ:TVTY)

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