Life Time Group Holdings, Inc. (NYSE:LTH) EVP Ritadhwaja Jebens Singh Sells 6,810 Shares

Life Time Group Holdings, Inc. (NYSE:LTH - Get Free Report) EVP Ritadhwaja Jebens Singh sold 6,810 shares of the business's stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $30.00, for a total transaction of $204,300.00. Following the completion of the transaction, the executive vice president now owns 136,220 shares in the company, valued at $4,086,600. This trade represents a 4.76 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Ritadhwaja Jebens Singh also recently made the following trade(s):

• On Tuesday, January 21st, Ritadhwaja Jebens Singh sold 48,596 shares of Life Time Group stock. The stock was sold at an average price of $28.00, for a total value of $1,360,688.00.
• On Tuesday, January 14th, Ritadhwaja Jebens Singh sold 25,000 shares of Life Time Group stock. The shares were sold at an average price of $25.00, for a total value of $625,000.00.

Life Time Group Stock Up 2.6 %

Shares of LTH stock traded up $0.76 during trading hours on Monday, reaching $29.75. The company had a trading volume of 1,637,251 shares, compared to its average volume of 1,919,593. The business has a fifty day simple moving average of $24.55 and a 200-day simple moving average of $24.00. Life Time Group Holdings, Inc. has a 12 month low of $11.89 and a 12 month high of $30.39. The company has a market cap of $6.16 billion, a price-to-earnings ratio of 43.11, a price-to-earnings-growth ratio of 0.72 and a beta of 1.94. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.59 and a quick ratio of 0.46.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on LTH shares. Mizuho boosted their price target on Life Time Group from $32.00 to $38.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Northland Securities increased their target price on shares of Life Time Group from $29.00 to $31.50 and gave the stock an "outperform" rating in a research note on Friday, January 17th. Evercore ISI initiated coverage on shares of Life Time Group in a report on Friday, November 22nd. They issued an "outperform" rating and a $29.00 price target for the company. Wells Fargo & Company upped their price objective on shares of Life Time Group from $26.00 to $28.00 and gave the company an "equal weight" rating in a report on Friday, January 17th. Finally, Guggenheim restated a "buy" rating and issued a $32.00 target price (up from $29.00) on shares of Life Time Group in a research note on Friday, January 17th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Life Time Group presently has a consensus rating of "Moderate Buy" and a consensus target price of $31.77.

Hedge Funds Weigh In On Life Time Group

Several large investors have recently bought and sold shares of LTH. Farther Finance Advisors LLC raised its position in Life Time Group by 105.8% in the third quarter. Farther Finance Advisors LLC now owns 1,762 shares of the company's stock worth $43,000 after acquiring an additional 906 shares during the period. R Squared Ltd bought a new stake in Life Time Group in the 4th quarter valued at about $42,000. Amalgamated Bank boosted its position in Life Time Group by 38.2% during the second quarter. Amalgamated Bank now owns 2,036 shares of the company's stock worth $38,000 after purchasing an additional 563 shares during the period. Point72 Hong Kong Ltd purchased a new position in shares of Life Time Group in the third quarter worth about $60,000. Finally, Blue Trust Inc. raised its position in shares of Life Time Group by 345.5% in the third quarter. Blue Trust Inc. now owns 2,940 shares of the company's stock valued at $72,000 after purchasing an additional 2,280 shares during the period. 79.40% of the stock is currently owned by institutional investors.

About Life Time Group

Life Time Group Holdings, Inc provides health, fitness, and wellness experiences to a community of individual members in the United States and Canada. It primarily engages in designing, building, and operating of sports and athletic, professional fitness, family recreation, and spa centers in a resort-like environment, principally in suburban and urban locations of metropolitan areas.