Life Time Group (NYSE:LTH) Stock: Insider Erik Weaver Sells 6,713 Shares

Life Time Group Holdings, Inc. (NYSE:LTH – Get Free Report) CFO Erik Weaver sold 6,713 shares of the firm’s stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $44.83, for a total value of $300,943.79. Following the sale, the chief financial officer directly owned 76,418 shares of the company’s stock, valued at $3,425,818.94. This represents a 8.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Erik Weaver also recently made the following trade(s):

  • On Monday, October 12th, Erik Weaver sold 5,787 shares of Life Time Group stock. The shares were sold at an average price of $39.77, for a total value of $230,148.99.

Life Time Group Stock Performance

Shares of Life Time Group stock opened at $47.44 on Thursday. The company has a quick ratio of 0.63, a current ratio of 0.73 and a debt-to-equity ratio of 0.42. The stock’s fifty day moving average is $41.70 and its two-hundred day moving average is $35.51. Life Time Group Holdings, Inc. has a 52 week low of $24.45 and a 52 week high of $47.95. The company has a market capitalization of $10.65 billion, a PE ratio of 28.21, a price-to-earnings-growth ratio of 1.40 and a beta of 1.46.

Life Time Group (NYSE:LTH – Get Free Report) last released its earnings results on Thursday, October 29th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.10. The business had revenue of $893.52 million during the quarter, compared to the consensus estimate of $874.98 million. Life Time Group had a return on equity of 11.01% and a net margin of 12.72%. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same period last year, the company earned $0.41 earnings per share. As a group, analysts expect that Life Time Group Holdings, Inc. will post 1.63 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wellington Management Group LLP raised its stake in Life Time Group by 1.6% in the second quarter. Wellington Management Group LLP now owns 6,308,310 shares of the company’s stock worth $257,631,000 after buying an additional 99,154 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Life Time Group by 15.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 8,090,037 shares of the company’s stock valued at $217,929,000 after acquiring an additional 1,068,208 shares in the last quarter. Principal Financial Group Inc. boosted its position in Life Time Group by 18.1% during the 1st quarter. Principal Financial Group Inc. now owns 2,589,462 shares of the company’s stock valued at $69,760,000 after acquiring an additional 397,248 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in Life Time Group by 38.7% during the 1st quarter. The Manufacturers Life Insurance Company now owns 1,745,768 shares of the company’s stock worth $47,031,000 after buying an additional 487,478 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in Life Time Group by 79.0% during the 1st quarter. Bank of New York Mellon Corp now owns 862,524 shares of the company’s stock valued at $23,236,000 after buying an additional 380,610 shares in the last quarter. 79.40% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on LTH. Northland Securities set a $57.00 price objective on shares of Life Time Group in a research report on Friday, July 31st. KeyCorp raised their target price on shares of Life Time Group from $52.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, October 30th. Royal Bank Of Canada lifted their price target on shares of Life Time Group from $50.00 to $60.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Bank of America reiterated a “buy” rating and issued a $51.00 price target on shares of Life Time Group in a report on Friday, July 31st. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Life Time Group in a research note on Wednesday, September 23rd. Fifteen equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $56.14.

Read Our Latest Stock Analysis on Life Time Group

Trending Headlines about Life Time Group

Here are the key news stories impacting Life Time Group this week:

  • Positive Sentiment: Northland Securities raised its earnings estimates for Life Time: FY2026 EPS to $1.61 from $1.56 and FY2027 EPS to $1.71 from $1.70. The FY2026 estimate is above the cited consensus of $1.59.
  • Positive Sentiment: The company’s latest reported quarter also showed momentum: EPS of $0.51 topped the $0.41 consensus, revenue of $893.5 million exceeded expectations, and sales grew 14.1% year over year.
  • Neutral Sentiment: Life Time and Dewitt Carolinas announced a groundbreaking for Life Time Living at The Exchange in Raleigh, an expansion of the company’s lifestyle offering. Announcement
  • Neutral Sentiment: Life Time’s November/December issue of Experience Life promotes its whole-person health and wellness content. The marketing initiative may support the brand but does not include financial guidance. Press release
  • Negative Sentiment: CEO Bahram Akradi sold 264,000 shares and CFO Erik Weaver sold 6,713 shares on October 30. Both executives retained substantial holdings, but insider selling can weigh on sentiment. Insider transaction report

About Life Time Group

(Get Free Report)

Life Time Group Holdings, Inc (NYSE: LTH) operates a network of luxury athletic country clubs in the United States and Canada. The company’s facilities combine fitness, sports, health, and wellness services in an integrated club environment designed for individuals and families.

Life Time clubs typically offer cardiovascular and strength-training equipment, group fitness classes, personal training, indoor and outdoor pools, tennis, pickleball, basketball, and other athletic programs. Many locations also provide childcare, spas, cafés, workspaces, recovery services, and specialized programs for children, older adults, and other member groups.

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Insider Buying and Selling by Quarter for Life Time Group (NYSE:LTH)

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