WW International (NASDAQ:WW) CEO Buys $137,625.00 in Stock

WW International, Inc. (NASDAQ:WW) CEO Stephen Bye acquired 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 10th. The stock was bought at an average cost of $11.01 per share, with a total value of $137,625.00. Following the completion of the transaction, the chief executive officer directly owned 12,500 shares in the company, valued at $137,625. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

WW International Trading Down 6.0%

NASDAQ:WW opened at $12.27 on Friday. WW International, Inc. has a twelve month low of $8.36 and a twelve month high of $35.25. The company has a market cap of $122.69 million, a PE ratio of -2.12 and a beta of 1.67. The company’s 50 day moving average is $14.52 and its two-hundred day moving average is $15.74.

WW International (NASDAQ:WW) last issued its quarterly earnings results on Thursday, November 5th. The company reported $1.51 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.88. The firm had revenue of $152.90 million for the quarter, compared to analyst estimates of $152.33 million. As a group, analysts expect that WW International, Inc. will post -0.06 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

WW has been the subject of several analyst reports. Wall Street Zen raised WW International from a “sell” rating to a “hold” rating in a report on Saturday, October 3rd. Northland Securities initiated coverage on shares of WW International in a report on Friday, October 2nd. They set an “outperform” rating and a $25.00 target price for the company. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of WW International in a report on Tuesday, November 3rd. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $25.00.

Institutional Investors Weigh In On WW International

Several large investors have recently bought and sold shares of the company. Cooper Creek Partners Management LLC increased its position in shares of WW International by 50.1% during the first quarter. Cooper Creek Partners Management LLC now owns 975,419 shares of the company’s stock worth $13,402,000 after purchasing an additional 325,434 shares in the last quarter. Cygnus Capital Advisors LLC grew its stake in WW International by 96.1% during the 2nd quarter. Cygnus Capital Advisors LLC now owns 388,655 shares of the company’s stock valued at $6,211,000 after acquiring an additional 190,440 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in WW International in the 2nd quarter valued at about $279,000. 86.18% of the stock is currently owned by hedge funds and other institutional investors.

WW International Company Profile

WW International, Inc., formerly known as Weight Watchers, is a wellness company focused on weight management and behavior change. Founded in 1963, it adopted the WW name in 2018 and serves members in the United States and other markets through in-person and digital programs. The company’s offerings include a mobile app, personalized food and activity tracking, nutrition guidance, educational content, and support from coaches and member communities. Its programs are designed to help people build and sustain healthier habits.