Town Sports International Holdings Inc. (NASDAQ:CLUB) major shareholder Pw Partners Atlas Fund Iii, Lp bought 43,095 shares of the company’s stock in a transaction that occurred on Tuesday, November 15th. The shares were bought at an average price of $2.35 per share, with a total value of $101,273.25. Following the transaction, the insider now owns 499,294 shares of the company’s stock, valued at approximately $1,173,340.90. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Town Sports International Holdings Inc. (NASDAQ:CLUB) opened at 2.50 on Wednesday. The firm’s 50-day moving average is $2.66 and its 200 day moving average is $2.81. The company has a market cap of $62.35 million, a price-to-earnings ratio of 0.69 and a beta of 3.08. Town Sports International Holdings Inc. has a 52-week low of $0.92 and a 52-week high of $3.97.

Town Sports International Holdings (NASDAQ:CLUB) last posted its quarterly earnings results on Wednesday, October 26th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.17) by $0.04. On average, equities research analysts predict that Town Sports International Holdings Inc. will post $0.20 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Town Sports International Holdings (NASDAQ:CLUB)

Separately, Zacks Investment Research lowered shares of Town Sports International Holdings from a “buy” rating to a “hold” rating in a research report on Monday, October 3rd.

A number of institutional investors have recently bought and sold shares of the company. Bank of New York Mellon Corp raised its position in Town Sports International Holdings by 1.8% in the second quarter. Bank of New York Mellon Corp now owns 39,016 shares of the company’s stock valued at $106,000 after buying an additional 704 shares during the period. Northern Trust Corp raised its position in Town Sports International Holdings by 0.6% in the third quarter. Northern Trust Corp now owns 41,750 shares of the company’s stock valued at $129,000 after buying an additional 243 shares during the period. Spark Investment Management LLC raised its position in Town Sports International Holdings by 134.0% in the third quarter. Spark Investment Management LLC now owns 44,467 shares of the company’s stock valued at $137,000 after buying an additional 25,467 shares during the period. GSA Capital Partners LLP raised its position in Town Sports International Holdings by 32.8% in the second quarter. GSA Capital Partners LLP now owns 65,352 shares of the company’s stock valued at $178,000 after buying an additional 16,159 shares during the period. Finally, Vanguard Group Inc. raised its position in Town Sports International Holdings by 0.4% in the second quarter. Vanguard Group Inc. now owns 748,911 shares of the company’s stock valued at $2,037,000 after buying an additional 2,712 shares during the period. 62.40% of the stock is owned by institutional investors.

About Town Sports International Holdings

Town Sports International Holdings, Inc (Town Sports) is an owner and operator of fitness clubs in the Northeast and Mid-Atlantic regions of the United States. The Company, through its subsidiaries, operates over 150 fitness clubs (clubs) and approximately three BFX Studio (studio) locations. The Company’s operating segments include New York Sports Clubs (NYSC), Boston Sports Clubs (BSC), Philadelphia Sports Clubs (PSC), Washington Sports Clubs (WSC), Swiss Sports Clubs and BFX Studio.

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