Fitbit, Inc. (NYSE:FIT) Director Steven Joseph Murray Sells 500000 Shares

Oceane Deschanel
Agosto 12, 2017

Amalgamated Bank increased its stake in shares of Fitbit by 20.1% in the second quarter. (NYSE:FIT) by 3.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Investment Centers of America Inc. now owns 71,789 shares of the scientific and technical instruments company's stock worth $383,000 after buying an additional 31,967 shares in the last quarter. Finally, TIAA CREF Investment Management LLC increased its stake in Fitbit by 33.9% in the second quarter.

Other research analysts have also recently issued research reports about the company. Finally, California Public Employees Retirement System increased its position in shares of Fitbit by 45.1% in the second quarter. Stoneridge Investment Partners LLC now owns 154,869 shares of the scientific and technical instruments company's stock worth $917,000 after buying an additional 135,968 shares during the period. Hamilton Lane Advisors LLC now owns 241,234 shares of the scientific and technical instruments company's stock valued at $1,428,000 after buying an additional 37,961 shares during the last quarter. Global X Management Co. DnB Asset Management AS raised its stake in shares of Fitbit by 81.2% in the first quarter. Following the completion of the sale, the executive vice president now owns 80,332 shares of the company's stock, valued at approximately $456,285.76. GSA Capital Partners LLP bought a new stake in shares of Fitbit during the fourth quarter worth $400,000. State Street Corp now owns 1,631,848 shares of the scientific and technical instruments company's stock worth $11,946,000 after buying an additional 199,927 shares during the period.

A number of hedge funds and other institutional investors have recently modified their holdings of FIT.

BidaskClub lowered shares of Fitbit, Inc.

Stocks of Fitbit (NYSE:FIT) declined 1.24% throughout intraday market trading on early Monday, topping $5.57. the share had a trading volume of 5,623,134 Stocks. Fitbit, Inc. The stock's market capitalization is $1.30 billion. Fitbit has a one year low of $4.90 and a one year high of $17.18. The firm's 50 day moving average price is $5.37 and its 200-day moving average price is $6.10.

Temer diz que federação brasileira é 'capenga' e há 'abuso de autoridade'
No fim de junho, Janot denunciou Temer por corrupção passiva, mas o processo criminal foi derrubado após votação na Câmara. Nada disso justifica, entretanto, as destemperadas manifestações que Gilmar Mendes tem prodigalizado nos últimos tempos.

Fitbit (NYSE:FIT) last posted its quarterly earnings data on Wednesday, August 2nd. The scientific and technical instruments company reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.07. The firm had revenue of $353.30 million for the quarter, compared to analysts' expectations of $341.24 million. Fitbit had a negative return on equity of 20.15% and a negative net margin of 13.79%. On average, equities analysts predict that Fitbit will post ($0.31) EPS for the current fiscal year.

Parametric Portfolio Associates LLC increased its stake in shares of Fitbit, Inc. If you are accessing this article on another domain, it was illegally stolen and reposted in violation of worldwide copyright law. The original version of this report can be viewed at https://sportsperspectives.com/2017/08/11/fitbit-inc-fit-receives-neutral-rating-from-dougherty-co-updated.html.

A number of research analysts have commented on FIT shares. Stifel Nicolaus reaffirmed a hold rating and set a $6.00 price target (down previously from $7.00) on shares of Fitbit in a research note on Friday, June 23rd. The brokerage now has $4.83 price objective on the scientific and technical instruments company's stock. Longbow analysis reiterated a neutral recommendation on stocks of Fitbit in a study report on early Tue, Apr 4th. crowd sourced stock rating company Vetr cut Fitbit from a strong-buy recommendation to a buy recommendation and fixed a $5.84 PT on the shares.in a study report on early Mon, Jun 26th. Six research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. SunTrust Banks, reiterated a buy recommendation and gave a $7.00 target price on stock of Fitbit in a study report published on Fri, Apr 14th. The shares were sold at an average price of $5.33, for a total value of $2,665,000.00. Following the completion of the transaction, the director now owns 11,442 shares of the company's stock, valued at approximately $65,562.66. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Andy Missan sold 5,000 shares of the business's stock in a transaction on Friday, August 4th. The shares were bought at an average cost of $5.39 per share, for a total transaction of $134,750.00. The disclosure for this sale can be found here. First Trust Advisors LP now owns 875,399 shares of the scientific and technical instruments company's stock worth $5,182,000 after buying an additional 590,343 shares during the period.

Shares of Fitbit, Inc. The Company's platform combines connected health and fitness devices with software and services, including an online dashboard and mobile applications, data analytics, motivational and social tools, personalized insights and virtual coaching through customized fitness plans and interactive workouts.

Outros relatórios LazerEsportes

Discuta este artigo

SIGA O NOSSO JORNAL