Here’s Who Just Picked Up Tivity Health Inc. (NASDAQ:TVTY) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Tivity Health Inc. (NASDAQ:TVTY) reported that North Tide Capital has picked up 1,750,000 of common stock as of 2017-03-01.

The acquisition brings the aggregate amount owned by North Tide Capital to a total of 1,750,000 representing a 4.5% stake in the company.

For those not familiar with the company, Tivity Health, Inc, formerly Healthways, Inc., provides network delivered solutions and population health management services that are designed to help people manage their wellbeing, thereby managing their health and productivity, and their health-related costs. The Company operates in the domestic and international segments, which are collectively known as the well-being improvement services segment. The Company engages entire populations, including health plan memberships, workforces and communities, while in other cases it engages targeted populations, such as members at high-risk, cohorts of cardiac rehabilitation patients or hospital discharge patients. In the United States, it operates in approximately 50 states and the District of Columbia. Its customers include health plans, both commercial and Medicare Advantage, large self-insured employers, including state and municipal government entities, and providers of healthcare, including integrated healthcare systems, and hospitals.

A glance at Tivity Health Inc. (NASDAQ:TVTY)’s key stats reveals a current market capitalization of 1.10 billion based on 38.93 million shares outstanding and a price at last close of $28.95 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-11-04, Greczyn picked up 5,000 at a purchase price of $19.55. This brings their total holding to 30,578 as of the date of the filing.

On the sell side, the most recent transaction saw Laughlin unload 250,000 shares at a sale price of $28.30. This brings their total holding to 500,000.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Tivity Health Inc. (NASDAQ:TVTY) as things move forward to see if its progress aligns with these transactions.

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