Moody Aldrich Partners buys $1,398,634 stake in Nautilus (NLS)

Nautilus (NLS) : Moody Aldrich Partners scooped up 46,555 additional shares in Nautilus during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 74,435 shares of Nautilus which is valued at $1,398,634.Nautilus makes up approximately 1.11% of Moody Aldrich Partners’s portfolio.

Other Hedge Funds, Including , Strs Ohio boosted its stake in NLS in the latest quarter, The investment management firm added 12,200 additional shares and now holds a total of 38,800 shares of Nautilus which is valued at $729,052.Kirr Marbach Co In reduced its stake in NLS by selling 4,680 shares or 5.45% in the most recent quarter. The Hedge Fund company now holds 81,235 shares of NLS which is valued at $1,526,406. Nautilus makes up approx 0.31% of Kirr Marbach Co In’s portfolio.Copper Rock Capital Partners boosted its stake in NLS in the latest quarter, The investment management firm added 16,815 additional shares and now holds a total of 1,079,599 shares of Nautilus which is valued at $19,281,638. Nautilus makes up approx 1.40% of Copper Rock Capital Partners’s portfolio.Punch Associates Investment Management boosted its stake in NLS in the latest quarter, The investment management firm added 1,310 additional shares and now holds a total of 800,223 shares of Nautilus which is valued at $14,676,090. Nautilus makes up approx 1.64% of Punch Associates Investment Management’s portfolio.Cutler Group Lp reduced its stake in NLS by selling 3,875 shares or 74.88% in the most recent quarter. The Hedge Fund company now holds 1,300 shares of NLS which is valued at $24,362.

Nautilus opened for trading at $18.53 and hit $18.88 on the upside on Friday, eventually ending the session at $18.84, with a gain of 1.24% or 0.23 points. The heightened volatility saw the trading volume jump to 3,55,751 shares. Company has a market cap of $585 M.

On the company’s financial health, Nautilus reported $0.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $0.09. The company had revenue of $78.50 million for the quarter, compared to analysts expectations of $77.78 million. The company’s revenue was up 31.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.07 EPS.

Many Wall Street Analysts have commented on Nautilus. Imperial Capital Initiated Nautilus on Jul 6, 2016 to “Outperform”, Price Target of the shares are set at $24.

Nautilus Inc. is a consumer fitness products company. The Company’s principal business activities include designing developing sourcing and marketing cardio and strength fitness products and related accessories for consumer use primarily in the United States and Canada. The Company operates through two business segments: Direct and Retail. Its Direct business markets and sells its products principally Bowflex cardio and strength products directly to consumers. It is a direct marketer of strength products in the United States and also sells cardio products especially the Bowflex TreadClimber and Bowflex Max Trainer. In its Retail business the Company markets and sells a line of consumer fitness equipment under the Nautilus Schwinn Universal and Bowflex brands. The Company’s products are marketed through retail companies consisting of sporting goods stores Internet retailers large-format and warehouse stores smaller specialty retailers and independent bike dealers.

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