Market Runner: Could Nautilus, Inc. Gain Strenght? The Stock Reaches Yearly Low

Market Runner: Could Nautilus, Inc. Gain Strenght? The Stock Reaches Yearly Low

The stock of Nautilus, Inc. (NYSE:NLS) is a huge mover today! About 361,318 shares traded hands. Nautilus, Inc. (NYSE:NLS) has declined 3.73% since April 18, 2016 and is downtrending. It has underperformed by 8.16% the S&P500.
The move comes after 6 months negative chart setup for the $558.67 million company. It was reported on Nov, 18 by Barchart.com. We have $16.18 PT which if reached, will make NYSE:NLS worth $39.11M less.

Nautilus, Inc. (NYSE:NLS) Ratings Coverage

Out of 5 analysts covering Nautilus Group (NYSE:NLS), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. Nautilus Group has been the topic of 11 analyst reports since August 5, 2015 according to StockzIntelligence Inc. On Wednesday, July 6 the stock rating was initiated by Imperial Capital with “Outperform”. The firm has “In-Line” rating given on Monday, September 19 by Imperial Capital. The rating was maintained by Wunderlich with “Buy” on Tuesday, January 5. B. Riley & Co downgraded the stock to “Neutral” rating in Monday, September 26 report. The firm has “Buy” rating given on Wednesday, September 28 by Wunderlich. DA Davidson maintained the shares of NLS in a report on Tuesday, January 5 with “Buy” rating. The firm earned “Buy” rating on Tuesday, September 29 by B. Riley & Co. Sterne Agee CRT maintained it with “Buy” rating and $24 target price in Tuesday, September 22 report. Imperial Capital maintained the shares of NLS in a report on Wednesday, November 2 with “In-Line” rating.

According to Zacks Investment Research, “Nautilus, Inc. helps people achieve a fit and healthy lifestyle through proper exercise, rest and nutrition. With a brand portfolio that includes Nautilus, Bowflex, SchwinnFitness, StairMaster and Trimline, Nautilus manufactures and markets a complete line of innovative health and fitness products through direct, commercial and retail channels.”

Insitutional Activity: The institutional sentiment increased to 0.99 in 2016 Q2. Its up 0.11, from 0.88 in 2016Q1. The ratio improved, as 22 funds sold all Nautilus, Inc. shares owned while 64 reduced positions. 25 funds bought stakes while 51 increased positions. They now own 25.90 million shares or 3.42% less from 26.82 million shares in 2016Q1.
Kennedy Mgmt holds 0.03% of its portfolio in Nautilus, Inc. (NYSE:NLS) for 94,224 shares. Tradewinds Cap Management Limited Liability last reported 0% of its portfolio in the stock. Tudor Invest Et Al has 11,805 shares for 0% of their US portfolio. Alps has 22,000 shares for 0% of their US portfolio. Rhumbline Advisers has 31,756 shares for 0% of their US portfolio. Teacher Retirement Of Texas has 4,117 shares for 0% of their US portfolio. Clarivest Asset Management Limited Liability Company accumulated 0.02% or 33,461 shares. Us Natl Bank De owns 848 shares or 0% of their US portfolio. The Kansas-based Waddell And Reed Financial Inc has invested 0.04% in Nautilus, Inc. (NYSE:NLS). De Burlo Gp Inc holds 0.82% of its portfolio in Nautilus, Inc. (NYSE:NLS) for 189,100 shares. State Board Of Administration Of Florida Retirement System has 12,490 shares for 0% of their US portfolio. Moreover, Susquehanna International Llp has 0% invested in Nautilus, Inc. (NYSE:NLS) for 10,482 shares. Vanguard Group Inc holds 0% of its portfolio in Nautilus, Inc. (NYSE:NLS) for 1.20 million shares. Aqr Cap Mgmt Limited Com accumulated 0% or 105,795 shares. Moreover, Picton Mahoney Asset Mgmt has 0.04% invested in Nautilus, Inc. (NYSE:NLS) for 38,500 shares.

Insider Transactions: Since May 19, 2016, the stock had 0 buys, and 3 sales for $398,946 net activity. 7,000 shares were sold by Siegert Marvin G, worth $148,960. $14,240 worth of Nautilus, Inc. (NYSE:NLS) was sold by Murdock Robert O.. Shares for $88,736 were sold by Collins Jeffery Lynn. Horn Richard A also sold $161,250 worth of Nautilus, Inc. (NYSE:NLS) on Monday, August 15.

More notable recent Nautilus, Inc. (NYSE:NLS) news were published by: Businesswire.com which released: “Nautilus, Inc. Announces Acquisition of Octane Fitness from North Castle Partners” on January 04, 2016, also Businesswire.com with their article: “Nautilus, Inc. to Announce Third Quarter 2016 Results on Monday, October 31, 2016” published on October 18, 2016, Businesswire.com published: “Nautilus, Inc. Reports Strong Results for the Second Quarter 2016” on August 01, 2016. More interesting news about Nautilus, Inc. (NYSE:NLS) were released by: Businesswire.com and their article: “Nautilus, Inc. Launches Bowflex® Product in Switzerland” published on January 20, 2016 as well as Investorplace.com‘s news article titled: “Trade of the Day: Nautilus, Inc. (NYSE:NLS)” with publication date: April 05, 2016.

NLS Company Profile

Nautilus, Inc., incorporated on September 22, 1992, is a consumer fitness products company. The Firm operates through two divisions: Direct and Retail. The Company’s principal business activities include designing, developing, sourcing and marketing of cardio and strength fitness products and related accessories for consumer use, primarily in the United States and Canada, but also in international markets outside North America.

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