Moody Aldrich Partners LLC increased its stake in shares of Nautilus Inc. (NYSE:NLS) by 167.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,435 shares of the company’s stock after buying an additional 46,555 shares during the period. Moody Aldrich Partners LLC’s holdings in Nautilus were worth $1,328,000 at the end of the most recent reporting period.
A number of other institutional investors also recently made changes to their positions in the stock. Adams Diversified Equity Fund Inc. bought a new position in shares of Nautilus during the second quarter valued at approximately $435,000. Royal Bank of Canada raised its position in shares of Nautilus by 51.3% in the first quarter. Royal Bank of Canada now owns 25,750 shares of the company’s stock valued at $498,000 after buying an additional 8,726 shares in the last quarter. Virginia Retirement System bought a new position in shares of Nautilus during the first quarter valued at approximately $551,000. Hancock Holding Co. bought a new position in shares of Nautilus during the first quarter valued at approximately $688,000. Finally, Strs Ohio raised its position in shares of Nautilus by 45.9% in the second quarter. Strs Ohio now owns 38,800 shares of the company’s stock valued at $692,000 after buying an additional 12,200 shares in the last quarter. Institutional investors own 85.78% of the company’s stock.
Nautilus Inc. (NYSE:NLS) traded down 0.04% during trading on Friday, reaching $24.65. 284,578 shares of the company were exchanged. The stock has a market capitalization of $766.76 million, a PE ratio of 27.06 and a beta of 1.99. Nautilus Inc. has a 52-week low of $13.82 and a 52-week high of $24.99. The firm’s 50 day moving average is $22.66 and its 200 day moving average is $19.77.
Nautilus (NYSE:NLS) last released its quarterly earnings results on Monday, August 1st. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.09 by $0.03. The firm had revenue of $78.50 million for the quarter, compared to analyst estimates of $77.83 million. Nautilus had a return on equity of 24.07% and a net margin of 7.49%. Nautilus’s revenue for the quarter was up 31.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.07 EPS. Analysts expect that Nautilus Inc. will post $1.15 EPS for the current year.
Several equities analysts have commented on the stock. Imperial Capital assumed coverage on shares of Nautilus in a research note on Wednesday, July 6th. They issued an “outperform” rating and a $24.00 price target on the stock. Zacks Investment Research lowered shares of Nautilus from a “buy” rating to a “sell” rating in a research note on Wednesday, July 13th. Wunderlich reiterated a “buy” rating and issued a $24.00 price target on shares of Nautilus in a research note on Tuesday, August 2nd. Finally, B. Riley restated a “buy” rating and set a $23.00 target price on shares of Nautilus in a research report on Friday, July 29th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $24.00.
In related news, VP Jeffery Lynn Collins sold 4,166 shares of the business’s stock in a transaction that occurred on Friday, August 19th. The stock was sold at an average price of $21.30, for a total transaction of $88,735.80. Following the transaction, the vice president now directly owns 4,278 shares of the company’s stock, valued at approximately $91,121.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Marvin G. Siegert sold 7,000 shares of the business’s stock in a transaction that occurred on Friday, August 19th. The stock was sold at an average price of $21.28, for a total value of $148,960.00. The disclosure for this sale can be found here. Corporate insiders own 3.40% of the company’s stock.
Nautilus, Inc is a consumer fitness products company. The Company operates through two segments: Direct and Retail. The Direct segment offers products directly to consumers through television advertising, catalogs and the Internet. The Retail segment offers its products through a network of independent retail companies with stores and Websites located in the United States and internationally.
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