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

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

Wall Street Analyst Weigh In

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

WW International Stock Performance

Shares of WW stock traded up $0.04 during trading hours on Tuesday, hitting $1.23. 989,031 shares of the company were exchanged, compared to its average volume of 5,465,834. The stock has a market capitalization of $98.23 million, a price-to-earnings ratio of -0.21 and a beta of 1.73. WW International has a one year low of $0.67 and a one year high of $9.65. The business’s 50-day simple moving average is $1.20 and its two-hundred day simple moving average is $1.11.

Institutional Investors Weigh In On WW International

Institutional investors have recently made changes to their positions in the company. Marshall Wace LLP lifted 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 purchasing an additional 160,200 shares during the last quarter. Prism Advisors Inc. raised its holdings in shares of WW International by 110.0% during the third quarter. Prism Advisors Inc. now owns 42,000 shares of the company’s stock worth $37,000 after purchasing an additional 22,000 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of WW International by 14.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,014,475 shares of the company’s stock worth $891,000 after buying an additional 130,180 shares during the last quarter. 86.18% of the stock is currently owned by institutional investors.

WW International Company Profile

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.