Town Sports International Holdings, Inc. (CLUB) Insider Pw Partners Atlas Fund Iii, Lp Purchases 2,806 Shares

Town Sports International Holdings, Inc. (NASDAQ:CLUB) insider Pw Partners Atlas Fund Iii, Lp purchased 2,806 shares of the firm’s stock in a transaction dated Thursday, June 14th. The stock was acquired at an average cost of $11.60 per share, with a total value of $32,549.60. Following the completion of the acquisition, the insider now directly owns 1,503,448 shares in the company, valued at approximately $17,439,996.80. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Town Sports International stock opened at $11.00 on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of -2.65. The stock has a market cap of $315.58 million, a price-to-earnings ratio of -64.71 and a beta of 2.69. Town Sports International Holdings, Inc. has a 52-week low of $3.95 and a 52-week high of $12.20.

Town Sports International (NASDAQ:CLUB) last posted its earnings results on Thursday, April 26th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.11. The firm had revenue of $107.11 million for the quarter, compared to analyst estimates of $105.03 million. equities analysts forecast that Town Sports International Holdings, Inc. will post 0.19 EPS for the current fiscal year.

A number of research analysts have issued reports on the stock. Imperial Capital boosted their target price on shares of Town Sports International to $13.00 and gave the company an “outperform” rating in a research note on Monday, May 21st. BidaskClub raised shares of Town Sports International from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 4th. Zacks Investment Research raised shares of Town Sports International from a “hold” rating to a “strong-buy” rating and set a $11.00 target price for the company in a research note on Wednesday, May 2nd. ValuEngine raised shares of Town Sports International from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, May 2nd. Finally, TheStreet raised shares of Town Sports International from a “d+” rating to a “c” rating in a research note on Tuesday, April 10th. One analyst has rated the stock with a buy rating and three have given a strong buy rating to the stock. The stock currently has a consensus rating of “Strong Buy” and an average target price of $12.00.

A number of institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC lifted its stake in shares of Town Sports International by 5.0% in the 4th quarter. Renaissance Technologies LLC now owns 2,151,300 shares of the company’s stock worth $11,940,000 after acquiring an additional 102,000 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Town Sports International by 7.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 561,310 shares of the company’s stock worth $4,266,000 after acquiring an additional 37,561 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of Town Sports International by 544.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 191,417 shares of the company’s stock worth $1,062,000 after acquiring an additional 161,717 shares during the period. Millennium Management LLC lifted its stake in shares of Town Sports International by 49.9% in the 1st quarter. Millennium Management LLC now owns 184,688 shares of the company’s stock worth $1,404,000 after acquiring an additional 61,476 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of Town Sports International by 16.2% in the 4th quarter. Geode Capital Management LLC now owns 178,560 shares of the company’s stock worth $990,000 after acquiring an additional 24,907 shares during the period. 60.51% of the stock is owned by hedge funds and other institutional investors.

Town Sports International Company Profile

Town Sports International Holdings, Inc, together with its subsidiaries, owns and operates fitness clubs in the Northeast and Mid-Atlantic regions of the United States. The company’s clubs offer special purpose rooms for group fitness classes; and other exercise programs, as well as accommodate cardiovascular and strength-training equipment.

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