WW International (NASDAQ:WW) Stock Price Up 8.9%

WW International, Inc. (NASDAQ:WW) shares shot up 8.9% during trading on Friday . The company traded as high as $6.95 and last traded at $6.94. 2,998,107 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 4,943,403 shares. The stock had previously closed at $6.37.

Analyst Ratings Changes

WW has been the subject of several recent research reports. Craig Hallum raised WW International from a “sell” rating to a “hold” rating and upped their price objective for the company from $4.00 to $10.00 in a research note on Wednesday, September 27th. DA Davidson reissued a “buy” rating and issued a $12.50 price objective on shares of WW International in a research note on Monday, October 9th. Morgan Stanley reaffirmed an “overweight” rating and issued a $13.00 price objective on shares of WW International in a research note on Friday, August 4th. Finally, StockNews.com raised WW International from a “sell” rating to a “hold” rating in a report on Wednesday, October 11th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $11.20.

WW International Stock Up 9.4 %

The stock has a 50-day moving average of $9.74 and a 200 day moving average of $8.76. The company has a market capitalization of $551.19 million, a PE ratio of -7.29 and a beta of 1.82.

Hedge Funds Weigh In On WW International

Institutional investors have recently bought and sold shares of the company. Raymond James Trust N.A. boosted its holdings in shares of WW International by 15.2% in the first quarter. Raymond James Trust N.A. now owns 15,118 shares of the company’s stock worth $155,000 after acquiring an additional 2,000 shares during the period. Rhumbline Advisers raised its holdings in shares of WW International by 3.1% in the 1st quarter. Rhumbline Advisers now owns 148,265 shares of the company’s stock valued at $1,517,000 after acquiring an additional 4,435 shares in the last quarter. Quantbot Technologies LP grew its holdings in shares of WW International by 17.3% during the second quarter. Quantbot Technologies LP now owns 30,672 shares of the company’s stock worth $195,000 after purchasing an additional 4,516 shares in the last quarter. Captrust Financial Advisors raised its stake in WW International by 49.9% in the second quarter. Captrust Financial Advisors now owns 17,665 shares of the company’s stock valued at $119,000 after purchasing an additional 5,878 shares in the last quarter. Finally, MetLife Investment Management LLC lifted its position in WW International by 49.1% during the first quarter. MetLife Investment Management LLC now owns 28,205 shares of the company’s stock valued at $289,000 after purchasing an additional 9,291 shares during the last quarter. Hedge funds and other institutional investors own 71.23% of the company’s stock.

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, including personal coaching and digital products; and allows members to inspire and support each other by sharing their experiences with other people on weight loss and weight management journeys.