Stock Traders Buy Large Volume of WW International Call Options (NASDAQ:WW)

WW International, Inc. (NASDAQ:WW) was the recipient of unusually large options trading on Tuesday. Stock investors purchased 5,355 call options on the stock. This represents an increase of 62% compared to the typical volume of 3,311 call options.

WW International Stock Performance

Shares of WW stock opened at $1.19 on Wednesday. The firm has a fifty day simple moving average of $1.19 and a 200-day simple moving average of $1.10. The company has a market capitalization of $95.04 million, a PE ratio of -0.21 and a beta of 1.73. WW International has a twelve month low of $0.67 and a twelve month high of $9.65.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on WW shares. StockNews.com upgraded shares of WW International from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Barclays reaffirmed an “underweight” rating and issued a $0.75 target price on shares of WW International in a research note on Thursday, October 10th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, WW International presently has an average rating of “Hold” and an average target price of $4.50.

Institutional Investors Weigh In On WW International

A number of institutional investors have recently modified their holdings of WW. Prism Advisors Inc. raised its position in shares of WW International by 110.0% during the 3rd quarter. Prism Advisors Inc. now owns 42,000 shares of the company’s stock valued at $37,000 after acquiring an additional 22,000 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of WW International by 14.7% during the third quarter. Geode Capital Management LLC now owns 1,014,475 shares of the company’s stock worth $891,000 after purchasing an additional 130,180 shares during the period. Finally, Marshall Wace LLP raised its holdings in shares of WW International by 159.9% during the second quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock worth $305,000 after purchasing an additional 160,200 shares during the period. Institutional investors and hedge funds own 86.18% of the company’s stock.

About WW International

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; and allows members to inspire and support each other by sharing their experiences with other people on weight health journeys.