FitLife Brands, Inc. (NASDAQ:FTLF - Get Free Report) Director Matthew Lingenbrink bought 3,000 shares of the business's stock in a transaction on Monday, April 14th. The shares were acquired at an average price of $12.17 per share, with a total value of $36,510.00. Following the completion of the purchase, the director now directly owns 5,800 shares of the company's stock, valued at approximately $70,586. The trade was a 107.14 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.
Matthew Lingenbrink also recently made the following trade(s):
- On Monday, March 31st, Matthew Lingenbrink purchased 2,800 shares of FitLife Brands stock. The stock was bought at an average price of $12.17 per share, for a total transaction of $34,076.00.
FitLife Brands Trading Down 3.9 %
FTLF opened at $11.80 on Thursday. FitLife Brands, Inc. has a twelve month low of $9.83 and a twelve month high of $17.75. The company has a fifty day moving average of $13.56 and a 200-day moving average of $15.20. The stock has a market cap of $108.78 million, a PE ratio of 13.96 and a beta of 0.80. The company has a quick ratio of 0.64, a current ratio of 1.50 and a debt-to-equity ratio of 0.28.
FitLife Brands (NASDAQ:FTLF - Get Free Report) last posted its quarterly earnings data on Thursday, March 27th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.01). FitLife Brands had a return on equity of 28.03% and a net margin of 13.38%. On average, sell-side analysts predict that FitLife Brands, Inc. will post 0.94 EPS for the current year.
Analyst Ratings Changes
Separately, Lake Street Capital assumed coverage on FitLife Brands in a research report on Monday, March 17th. They set a "buy" rating and a $21.00 price objective on the stock.
View Our Latest Analysis on FTLF
Hedge Funds Weigh In On FitLife Brands
Several institutional investors have recently added to or reduced their stakes in the business. Mink Brook Asset Management LLC acquired a new stake in shares of FitLife Brands during the 4th quarter worth approximately $1,251,000. Geode Capital Management LLC grew its holdings in FitLife Brands by 4.7% in the fourth quarter. Geode Capital Management LLC now owns 23,202 shares of the company's stock worth $757,000 after purchasing an additional 1,045 shares during the period. Northern Trust Corp bought a new stake in FitLife Brands in the fourth quarter valued at $409,000. 683 Capital Management LLC acquired a new position in shares of FitLife Brands during the fourth quarter valued at about $384,000. Finally, Bard Associates Inc. bought a new position in shares of FitLife Brands during the 4th quarter worth about $211,000. 2.32% of the stock is owned by institutional investors and hedge funds.
About FitLife Brands
(
Get Free Report)
FitLife Brands, Inc provides nutritional supplements for health-conscious consumers in the United States and internationally. The company provides weight loss, sports nutrition, and general health products; sports nutrition products; weight loss and sports nutrition products; sports nutrition and general wellness formulations with an emphasis on natural, vegan, and organic ingredients; and male health and weight loss products, as well as other diet, health, and sports nutrition supplements and related products; and value-oriented sports nutrition and weight loss products.
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