Nautilus, Inc. (NYSE:NLS) CEO Sells $146,697.00 in Stock

Nautilus, Inc. (NYSE:NLS) CEO Bruce M. Cazenave sold 10,700 shares of the company’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $13.71, for a total value of $146,697.00. Following the transaction, the chief executive officer now directly owns 372,876 shares in the company, valued at $5,112,129.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Nautilus, Inc. (NLS) traded up $0.30 during trading hours on Thursday, hitting $13.05. The stock had a trading volume of 546,967 shares, compared to its average volume of 526,235. Nautilus, Inc. has a 1-year low of $12.25 and a 1-year high of $19.80. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.02 and a quick ratio of 1.38. The company has a market cap of $392.53, a price-to-earnings ratio of 13.05, a P/E/G ratio of 1.27 and a beta of 2.12.

Nautilus (NYSE:NLS) last posted its earnings results on Monday, October 30th. The specialty retailer reported $0.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.03. Nautilus had a return on equity of 18.54% and a net margin of 7.28%. The firm had revenue of $88.10 million for the quarter, compared to analyst estimates of $92.29 million. During the same period in the previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was up 9.0% on a year-over-year basis. sell-side analysts predict that Nautilus, Inc. will post 0.92 earnings per share for the current year.

NLS has been the subject of several recent analyst reports. Zacks Investment Research upgraded Nautilus from a “sell” rating to a “hold” rating in a research note on Saturday, September 23rd. B. Riley set a $20.00 price target on Nautilus and gave the company a “buy” rating in a report on Tuesday, October 31st. SunTrust Banks cut Nautilus from a “buy” rating to a “hold” rating and set a $16.00 target price for the company. in a report on Tuesday, October 31st. Lake Street Capital cut Nautilus from a “buy” rating to a “hold” rating and dropped their target price for the stock from $25.00 to $15.00 in a report on Tuesday, October 31st. Finally, Imperial Capital cut Nautilus from an “outperform” rating to an “in-line” rating and dropped their price target for the company from $20.00 to $14.00 in a report on Tuesday, October 31st. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $18.96.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Alps Advisors Inc. raised its stake in shares of Nautilus by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 28,504 shares of the specialty retailer’s stock valued at $546,000 after purchasing an additional 74 shares during the period. Municipal Employees Retirement System of Michigan increased its position in shares of Nautilus by 2.4% in the second quarter. Municipal Employees Retirement System of Michigan now owns 7,260 shares of the specialty retailer’s stock valued at $139,000 after acquiring an additional 170 shares during the last quarter. Texas Permanent School Fund increased its position in shares of Nautilus by 0.9% in the second quarter. Texas Permanent School Fund now owns 22,423 shares of the specialty retailer’s stock valued at $429,000 after acquiring an additional 195 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Nautilus by 1.3% in the second quarter. The Manufacturers Life Insurance Company now owns 24,450 shares of the specialty retailer’s stock valued at $468,000 after acquiring an additional 310 shares during the last quarter. Finally, TIAA CREF Investment Management LLC increased its position in shares of Nautilus by 1.3% in the second quarter. TIAA CREF Investment Management LLC now owns 83,721 shares of the specialty retailer’s stock valued at $1,603,000 after acquiring an additional 1,099 shares during the last quarter. 97.86% of the stock is currently owned by hedge funds and other institutional investors.

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Nautilus Company Profile

Nautilus, Inc is a consumer fitness products company. The Company operates through two segments: Direct and Retail. Its principal business activities include designing, developing, sourcing and marketing of cardio and strength fitness products and related accessories for consumer use, primarily in the United States and Canada, but also in international markets outside North America.

Insider Buying and Selling by Quarter for Nautilus (NYSE:NLS)

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