Town Sports International Holdings, Inc. (NASDAQ:CLUB) CFO Carolyn Spatafora sold 11,546 shares of Town Sports International stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $5.74, for a total value of $66,274.04. Following the completion of the sale, the chief financial officer now directly owns 218,729 shares in the company, valued at approximately $1,255,504.46. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Town Sports International Holdings, Inc. (NASDAQ:CLUB) remained flat at $$5.75 during trading hours on Friday. The company had a trading volume of 139,661 shares, compared to its average volume of 64,609. The company has a quick ratio of 0.94, a current ratio of 0.95 and a debt-to-equity ratio of -1.95. Town Sports International Holdings, Inc. has a 1 year low of $2.35 and a 1 year high of $7.15.

A number of large investors have recently added to or reduced their stakes in CLUB. Cubist Systematic Strategies LLC bought a new stake in Town Sports International in the 3rd quarter worth approximately $105,000. JPMorgan Chase & Co. increased its stake in Town Sports International by 3,416.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,581 shares of the company’s stock worth $120,000 after acquiring an additional 17,081 shares during the last quarter. Acadian Asset Management LLC increased its stake in Town Sports International by 340.7% in the 2nd quarter. Acadian Asset Management LLC now owns 33,055 shares of the company’s stock worth $155,000 after acquiring an additional 25,555 shares during the last quarter. Northern Trust Corp increased its stake in Town Sports International by 1.7% in the 2nd quarter. Northern Trust Corp now owns 48,863 shares of the company’s stock worth $230,000 after acquiring an additional 838 shares during the last quarter. Finally, Algert Global LLC bought a new stake in Town Sports International in the 3rd quarter worth approximately $324,000. 54.28% of the stock is currently owned by institutional investors and hedge funds.

Separately, Zacks Investment Research downgraded Town Sports International from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 1st.

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About Town Sports International

Town Sports International Holdings, Inc is an owner and operator of fitness clubs in the Northeast and Mid-Atlantic regions of the United States fitness. As of December 31, 2016, the Company, through its subsidiaries, operated 150 fitness clubs (clubs). It owned and operated a total of 102 clubs under the New York Sports Clubs (NYSC) brand name within a 120-mile radius of New York City as of December 31, 2016, including 35 locations in Manhattan.

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

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