WW International Target of Unusually High Options Trading (NASDAQ:WW)

WW International, Inc. (NASDAQ:WW) saw some unusual options trading on Tuesday. Investors acquired 5,355 call options on the stock. This represents an increase of 62% compared to the average volume of 3,311 call options.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. StockNews.com raised WW International from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Barclays reissued an “underweight” rating and issued a $0.75 price target on shares of WW International in a report on Thursday, October 10th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $4.50.

Institutional Investors Weigh In On WW International

Several institutional investors and hedge funds have recently added to or reduced their stakes in WW. Marshall Wace LLP grew its stake in WW International by 159.9% during the second quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock worth $305,000 after buying an additional 160,200 shares during the period. Prism Advisors Inc. lifted its holdings 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 in the last quarter. Finally, Geode Capital Management LLC boosted its position in WW International by 14.7% during the 3rd quarter. Geode Capital Management LLC now owns 1,014,475 shares of the company’s stock worth $891,000 after purchasing an additional 130,180 shares during the period. 86.18% of the stock is currently owned by institutional investors and hedge funds.

WW International Stock Performance

NASDAQ WW traded up $0.04 during trading hours on Tuesday, hitting $1.23. 989,031 shares of the company’s stock were exchanged, compared to its average volume of 5,465,834. The business’s 50 day moving average is $1.20 and its 200-day moving average is $1.11. WW International has a 12-month low of $0.67 and a 12-month high of $9.65. The firm has a market capitalization of $98.23 million, a P/E ratio of -0.21 and a beta of 1.73.

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.