2 Insiders At NutriSystem Inc. (NTRI) Raise Exposure By 4,000 Combined Shares


NutriSystem Inc. (NASDAQ:NTRI), saw two insiders raise their profiles with the company. Chief Financial Officer Michael P. Monahan bought 1,000 shares of common stock at an average price of $15.75 per share, and now holds a total of 31,153 shares directly; while President and Chief Executive Officer Dawn M. Zier acquired 3,000 total shares of common stock at an average price of $15.74 per share, and now has 128,245 shares directly involved with the corporation.

A $446.48 million market cap company, NutriSystem Inc. (NASDAQ:NTRI) is a provider of a weight management system. Moreover, the company has multiple outside investors with substantial involvement in the company.

Rima Senvest Management, the hedge fund controlled by Richard Mashaal saw it’s holdings rise by 38% last quarter, and now has 2,959,362 shares worth about $44.6 million; while Jim Simons‘ Renaissance Technologies reported a 22% decrease in its activity last quarter, and now has 1,573,600 shares worth approximately $23.7 million invested in the company.

Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.

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