Virginia Retirement Systems ET AL bought a new stake in shares of Nautilus Inc. (NYSE:NLS) during the second quarter, Holdings Channel reports. The fund bought 19,100 shares of the company’s stock, valued at approximately $341,000. Virginia Retirement Systems ET AL owned about 0.06% of Nautilus as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of NLS. FineMark National Bank & Trust raised its position in Nautilus by 0.4% in the second quarter. FineMark National Bank & Trust now owns 10,035 shares of the company’s stock valued at $179,000 after buying an additional 35 shares during the period. State Board of Administration of Florida Retirement System raised its position in Nautilus by 1.4% in the second quarter. State Board of Administration of Florida Retirement System now owns 12,490 shares of the company’s stock valued at $223,000 after buying an additional 168 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in Nautilus during the second quarter valued at approximately $259,000. Adams Diversified Equity Fund Inc. acquired a new position in Nautilus during the second quarter valued at approximately $435,000. Finally, Royal Bank of Canada raised its position in 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 during the period. 85.78% of the stock is owned by institutional investors.
Shares of Nautilus Inc. (NYSE:NLS) opened at 21.00 on Friday. The company has a market cap of $653.23 million, a price-to-earnings ratio of 23.05 and a beta of 2.18. Nautilus Inc. has a 12-month low of $15.50 and a 12-month high of $24.99. The stock has a 50 day moving average of $23.06 and a 200 day moving average of $20.10.
Nautilus (NYSE:NLS) last issued 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 company earned $78.50 million during the quarter, compared to analyst estimates of $77.83 million. Nautilus had a net margin of 7.49% and a return on equity of 24.07%. The firm’s revenue was up 31.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.07 EPS. Equities research analysts predict that Nautilus Inc. will post $1.14 earnings per share for the current fiscal year.
Several equities analysts have commented on NLS shares. Wunderlich reiterated a “buy” rating and set a $24.00 price objective on shares of Nautilus in a research report on Thursday, June 23rd. Imperial Capital started coverage on shares of Nautilus in a research report on Wednesday, July 6th. They set an “outperform” rating and a $24.00 price objective for the company. DA Davidson reiterated a “buy” rating and set a $28.00 price objective on shares of Nautilus in a research report on Thursday, September 29th. Zacks Investment Research upgraded shares of Nautilus from a “sell” rating to a “hold” rating in a research report on Thursday, August 4th. Finally, B. Riley lowered shares of Nautilus to a “neutral” rating and set a $23.00 price objective for the company. in a research report on Saturday, October 1st. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Nautilus currently has a consensus rating of “Buy” and a consensus price target of $24.86.
In related news, VP Jeffery Lynn Collins sold 4,166 shares of the business’s stock in a transaction on Friday, August 19th. The shares were sold at an average price of $21.30, for a total value of $88,735.80. Following the completion of the sale, the vice president now owns 4,278 shares of the company’s stock, valued at approximately $91,121.40. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Marvin G. Siegert sold 7,000 shares of the business’s stock in a transaction on Friday, August 19th. The stock was sold at an average price of $21.28, for a total transaction of $148,960.00. The disclosure for this sale can be found here. 3.40% of the stock is currently owned by corporate insiders.
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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