WW International (NASDAQ:WW) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Shares of WW International, Inc. (NASDAQ:WW) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $19.83 and traded as high as $19.90. WW International shares last traded at $19.58, with a volume of 291,081 shares.

Analyst Ratings Changes

Several analysts recently commented on the stock. Wall Street Zen downgraded shares of WW International from a “sell” rating to a “strong sell” rating in a report on Saturday, May 9th. Zacks Research raised shares of WW International from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce”.

WW International Stock Performance

The firm has a market cap of $185.48 million, a P/E ratio of -3.20 and a beta of 1.30. The firm’s fifty day moving average is $12.49 and its 200 day moving average is $19.82.

WW International (NASDAQ:WW) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($5.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.85) by ($4.35). The business had revenue of $168.26 million for the quarter, compared to analysts’ expectations of $149.80 million. As a group, equities research analysts forecast that WW International, Inc. will post -0.06 EPS for the current year.

Insider Transactions at WW International

In other WW International news, Director Eugene I. Davis acquired 10,000 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was purchased at an average price of $14.73 per share, with a total value of $147,300.00. Following the acquisition, the director directly owned 21,648 shares of the company’s stock, valued at approximately $318,875.04. This trade represents a 85.85% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders have bought 23,148 shares of company stock valued at $314,835. Insiders own 8.12% of the company’s stock.

Institutional Trading of WW International

A number of institutional investors have recently bought and sold shares of WW. Cooper Creek Partners Management LLC boosted its holdings in WW International by 50.1% in the 1st quarter. Cooper Creek Partners Management LLC now owns 975,419 shares of the company’s stock valued at $13,402,000 after purchasing an additional 325,434 shares during the period. Invesco Senior Secured Management Inc. ADV bought a new stake in WW International in the 4th quarter valued at about $4,989,000. Mount Lucas Management LP bought a new stake in WW International in the 3rd quarter valued at about $1,094,000. Marshall Wace LLP acquired a new position in shares of WW International in the 4th quarter valued at approximately $1,108,000. Finally, Quinn Opportunity Partners LLC acquired a new position in shares of WW International in the 4th quarter valued at approximately $1,010,000. Institutional investors own 86.18% of the company’s stock.

WW International Company Profile

WW International, Inc (NASDAQ: WW) is a global wellness and weight management company that provides a range of subscription-based programs, digital tools and personalized coaching services. Originally founded in 1963 by Jean Nidetch as a small support group in New York City, the company grew into the well-known Weight Watchers brand before rebranding as WW in 2018 to reflect an expanded focus on overall health, fitness and nutrition. Over the years, WW has introduced innovations such as the SmartPoints® system, which assigns values to foods based on their nutritional composition, and the MyWW® personalized wellness plan, which tailors recommendations to individual lifestyles and goals.

WW’s offerings span digital and in-person channels.