Nautilus, Inc. (NLS): Robert O. Murdock , VP, GM Direct of Nautilus, Inc. sold 712 shares on May 19, 2016. The Insider selling transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were sold at $20.00 per share for a total value of $14,240.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 16, 2016, Wayne M Bolio (SVP, Law & Human Resources) sold 10,000 shares at $19.61 per share price.On May 16, 2016, Robert O. Murdock (VP, GM Direct) sold 9,360 shares at $20.00 per share price.Also, On May 16, 2016, Jeffery Lynn Collins (VP, Retail Sales) sold 8,403 shares at $19.57 per share price.On May 11, 2015, William B Mcmahon (Chief Operating Officer) sold 38,120 shares at $20.73 per share price.
Nautilus: On Thursday, May 19, 2016 heightened volatility was witnessed in Nautilus which led to swings in the share price. The shares opened for trading at $19.8 and hit $20.15 on the upside , eventually ending the session at $19.97, with a gain of 0.45% or 0.09 points. The heightened volatility saw the trading volume jump to 2,55,567 shares. The 52-week high of the share price is $22.95 and the company has a market cap of $620 M . The 52-week low of the share price is at $13.82.
Company has been under the radar of several Street Analysts.Nautilus is Initiated by Sun Trust Rbsn Humphrey to Buy. The Rating was issued on Mar 11, 2016.
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.