Conan Laughlin Sells 490,000 Shares of Healthways, Inc. (TVTY) Stock
Healthways, Inc. (NASDAQ:TVTY) Director Conan Laughlin sold 490,000 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $34.34, for a total transaction of $16,826,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Conan Laughlin also recently made the following trade(s):
- On Wednesday, November 15th, Conan Laughlin sold 115,087 shares of Healthways stock. The stock was sold at an average price of $33.87, for a total transaction of $3,897,996.69.
- On Monday, November 6th, Conan Laughlin sold 120,000 shares of Healthways stock. The shares were sold at an average price of $47.52, for a total transaction of $5,702,400.00.
Shares of Healthways, Inc. (NASDAQ:TVTY) traded up $0.05 during mid-day trading on Friday, reaching $34.75. The company had a trading volume of 804,429 shares, compared to its average volume of 496,390. The company has a market capitalization of $1,337.07, a PE ratio of 20.58, a P/E/G ratio of 1.91 and a beta of 0.27. Healthways, Inc. has a 52-week low of $20.60 and a 52-week high of $48.50. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.60 and a current ratio of 0.60.
Healthways (NASDAQ:TVTY) last issued its earnings results on Thursday, October 26th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.36 by $0.10. The firm had revenue of $137.70 million during the quarter, compared to analysts’ expectations of $137.95 million. Healthways had a return on equity of 30.23% and a net margin of 11.45%. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis. research analysts anticipate that Healthways, Inc. will post 1.6 EPS for the current fiscal year.
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TVTY has been the subject of several analyst reports. ValuEngine downgraded shares of Healthways from a “buy” rating to a “hold” rating in a report on Monday, November 6th. Zacks Investment Research raised shares of Healthways from a “sell” rating to a “hold” rating in a report on Thursday, October 5th. Oppenheimer Holdings, Inc. upped their price objective on shares of Healthways from $47.00 to $50.00 and gave the stock an “outperform” rating in a report on Wednesday, November 1st. Barrington Research reissued an “outperform” rating and issued a $40.00 price target (down from $46.00) on shares of Healthways in a report on Tuesday, November 7th. Finally, Cantor Fitzgerald reissued a “buy” rating and issued a $45.00 price target on shares of Healthways in a report on Monday, November 6th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Healthways has an average rating of “Buy” and an average target price of $46.25.
Institutional investors have recently added to or reduced their stakes in the business. UBS Asset Management Americas Inc. acquired a new stake in shares of Healthways in the first quarter valued at $242,000. Alliancebernstein L.P. bought a new position in Healthways in the first quarter valued at about $1,465,000. Wellington Management Group LLP bought a new position in Healthways in the first quarter valued at about $617,000. Teachers Advisors LLC bought a new position in Healthways in the first quarter valued at about $2,946,000. Finally, TIAA CREF Investment Management LLC bought a new position in Healthways in the first quarter valued at about $5,115,000.
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.
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