Geode Capital Management LLC Raises Position in WW International, Inc. (NASDAQ:WW)

Geode Capital Management LLC boosted its stake in WW International, Inc. (NASDAQ:WW) by 14.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,014,475 shares of the company’s stock after buying an additional 130,180 shares during the period. Geode Capital Management LLC’s holdings in WW International were worth $891,000 at the end of the most recent reporting period.

Separately, Marshall Wace LLP lifted 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 valued at $305,000 after purchasing an additional 160,200 shares during the last quarter. Institutional investors and hedge funds own 86.18% of the company’s stock.

Wall Street Analysts Forecast Growth

WW has been the subject of several recent research reports. StockNews.com upgraded shares of WW International from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Barclays reiterated an “underweight” rating and set a $0.75 target price on shares of WW International in a report on Thursday, October 10th. One research 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. According to MarketBeat, WW International currently has an average rating of “Hold” and an average price target of $4.50.

WW International Stock Down 6.2 %

Shares of NASDAQ WW opened at $1.36 on Friday. WW International, Inc. has a twelve month low of $0.67 and a twelve month high of $6.46. The firm has a market cap of $108.62 million, a P/E ratio of -0.23 and a beta of 1.73. The company has a 50 day moving average of $1.25 and a 200 day moving average of $1.11.

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.