Nautilus, Inc. (NYSE:NLS – Get Rating) CMO Becky L. Alseth sold 8,178 shares of the stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $2.16, for a total transaction of $17,664.48. Following the transaction, the chief marketing officer now directly owns 16,500 shares of the company’s stock, valued at approximately $35,640. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of NLS traded down $0.10 during midday trading on Tuesday, reaching $2.10. The stock had a trading volume of 889,380 shares, compared to its average volume of 790,477. Nautilus, Inc. has a 1-year low of $1.85 and a 1-year high of $18.25. The company’s fifty day simple moving average is $3.29 and its two-hundred day simple moving average is $4.90. The company has a market cap of $65.62 million, a price-to-earnings ratio of -2.88 and a beta of 1.73. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.18 and a quick ratio of 1.01.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Walleye Capital LLC raised its holdings in shares of Nautilus by 60.6% in the 1st quarter. Walleye Capital LLC now owns 55,256 shares of the specialty retailer’s stock valued at $228,000 after purchasing an additional 20,850 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in shares of Nautilus by 126.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 35,681 shares of the specialty retailer’s stock valued at $147,000 after purchasing an additional 19,906 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of Nautilus in the 1st quarter valued at $87,000. PDT Partners LLC raised its stake in Nautilus by 1,471.3% during the 1st quarter. PDT Partners LLC now owns 170,403 shares of the specialty retailer’s stock worth $702,000 after acquiring an additional 159,558 shares in the last quarter. Finally, State Street Corp raised its stake in Nautilus by 2.6% during the 1st quarter. State Street Corp now owns 539,324 shares of the specialty retailer’s stock worth $2,222,000 after acquiring an additional 13,531 shares in the last quarter. Institutional investors and hedge funds own 59.04% of the company’s stock.

A number of equities analysts recently weighed in on NLS shares. Roth Capital reaffirmed a “neutral” rating on shares of Nautilus in a research report on Tuesday, May 24th. Lake Street Capital reduced their target price on shares of Nautilus from $14.00 to $5.00 and set a “buy” rating on the stock in a report on Tuesday, May 24th. StockNews.com lowered shares of Nautilus from a “hold” rating to a “sell” rating in a report on Wednesday, May 25th. Zacks Investment Research lowered shares of Nautilus from a “buy” rating to a “hold” rating in a report on Friday. Finally, Truist Financial reduced their target price on shares of Nautilus from $15.00 to $5.00 and set a “buy” rating on the stock in a report on Tuesday, May 24th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $5.55.

Nautilus Company Profile (Get Rating)

Nautilus, Inc, a fitness solutions company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer and commercial use in the United States, Canada, and internationally. The company operates in two segments, Direct and Retail. It offers specialized cardio products, treadmills, ellipticals, bike products, home gyms, dumbbells, barbells, and kettlebells primarily under the Nautilus, Bowflex, Octane Fitness, Schwinn, and Universal brands, as well as fitness digital platform under the JRNY brand.

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