WW International Sees Unusually High Options Volume (NASDAQ:WW)

WW International, Inc. (NASDAQ:WW) was the target of unusually large options trading on Tuesday. Stock traders acquired 5,355 call options on the company. This represents an increase of approximately 62% compared to the typical daily volume of 3,311 call options.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on WW. StockNews.com upgraded WW International from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Barclays restated an “underweight” rating and set a $0.75 target price on shares of WW International in a report on Thursday, October 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $4.50.

WW International Price Performance

NASDAQ:WW opened at $1.19 on Thursday. The firm has a market cap of $95.04 million, a PE ratio of -0.21 and a beta of 1.73. The firm has a 50 day simple moving average of $1.19 and a 200-day simple moving average of $1.10. WW International has a 1-year low of $0.67 and a 1-year high of $9.65.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of WW. Prism Advisors Inc. increased its stake in shares of WW International by 110.0% during the 3rd quarter. Prism Advisors Inc. now owns 42,000 shares of the company’s stock valued at $37,000 after acquiring an additional 22,000 shares during the last quarter. Geode Capital Management LLC grew its holdings in WW International by 14.7% in the third quarter. Geode Capital Management LLC now owns 1,014,475 shares of the company’s stock valued at $891,000 after purchasing an additional 130,180 shares during the period. Finally, Marshall Wace LLP grew its holdings in WW International by 159.9% in the second quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock valued at $305,000 after purchasing an additional 160,200 shares during the period. 86.18% of the stock is currently owned by institutional investors and hedge funds.

About WW International

WW International, Inc provides weight management products and services worldwide. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and web-based platform; and allows members to inspire and support each other by sharing their experiences with other people on weight health journeys.