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weight watcher stock price oprah

by Julia Padberg Published 2 years ago Updated 2 years ago
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The weight-loss and wellness firm has been hurt by the coronavirus pandemic, and announced layoffs last month. Winfrey used stock options to acquire 85,693 WW shares on June 16 for about $600,000, a per-share price of $6.97 each, according to a form she filed with the Securities and Exchange Commission.Jun 22, 2020

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Does Oprah Winfrey still own Weight Watchers stock?

Editor's Choice. She now owns 5 million WW shares in her personal account. An SEC form showed that as of May 6, before the latest transactions, Winfrey also owned stock options for 5.4 million shares. The Oprah Winfrey Charitable Foundation doesn't currently own any WW stock.

How much did Oprah Winfrey pay for Weight Watchers?

Winfrey's original investment, however, is still in the black. She bought 6.4 million shares of Weight Watchers at $6.79 a share in October 2015, worth $43.2 million at the time, according to a Securities and Exchange Commission filing. She also joined the company's board of directors.

Who owns Weight Watchers?

Since 1999, the chairman of the company has been Raymond Debbane, co-founder and CEO of The Invus Group. In 2015, Oprah Winfrey purchased a 10 percent ownership stake in WW International and serves as a member of the board of directors.

What stocks does Oprah own?

Oprah Winfrey Stock Portfolio: Companies To ConsiderUnited Natural Foods, Inc. (NYSE:UNFI) ... Oatly Group AB (NASDAQ:OTLY) Number of Hedge Fund Holders: 19. ... WW International, Inc. (NASDAQ:WW) ... The Kraft Heinz Company (NASDAQ:KHC) Number of Hedge Fund Holders: 33. ... General Mills, Inc. (NYSE:GIS)

Should I buy Weight Watchers stock?

The financial health and growth prospects of WW, demonstrate its potential to outperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.

How much money did Oprah lose with Weight Watchers?

Oprah Winfrey loses $58 million on Weight Watchers investment as stock plunges. Concerns about a slowdown in membership growth for Weight Watchers International delivered a huge blow to Oprah Winfrey's investment in the dieting and wellness company.

What is wrong with Weight Watchers?

Weight Watchers focuses on counting points, not calories. However, counting calories is also important. If you consume calories significantly below the average intake of 2000 calories per day, you are at risk for undernourishment. For example, Weight Watchers frozen meals contain an average of 250 to 300 calories each.

Is Weight Watchers losing money?

WW International Q3 Earnings Results Recap The company last reported its Q3 results in early November with EPS of $0.65, which was $0.03 below the consensus. Revenue of $294 million, down by 8.5% year-over-year, was a bigger miss compared to the market estimate closer to $315 million.

What are Oprah's assets?

Oprah Winfrey Net Worth 2022: Career, Income, Assets, HouseNet Worth:$2.75 BillionMonthly Income:$16 Million +Date of Birth:January 29, 1954Gender:FemaleHeight:1.69 M (5′ 7″)4 more rows

When did Oprah buy Weight Watchers?

October 2015In October 2015, Winfrey bought 10 percent of the company for roughly $6.79 per share. She also received options to buy another 5 percent of Weight Watchers stock for $6.97 per share, and she exercised that right earlier this month, buying more than 1.4 million shares.

How is WW doing financially?

WW is guiding for full-year revenue "modestly above $1.2 billion", which if confirmed, represents a decline of 13% compared to $1.378 in 2020. The company is also targeting EPS between $0.80 and $0.90 which includes about $0.51 in debt repayment and restructuring charges.

Why is WW closing studios?

“As the COVID-19 crisis has forced the closure of our physical studios around the world, we have had to make some difficult decisions that have directly impacted the lives of some of our valued team members,” WW said in a statement to USA TODAY Friday.

How long has Oprah been spokesperson for Weight Watchers?

She joined WW's board in October 2015 and bought a 10% stake in the company, worth $43 million. However, she has sold off some of her stake in the past few years. She currently has a 8% stake in WW, according to Refinitv.

How much did Oprah Winfrey sell in March?

But she sold about 2 million in March at prices ranging from about $58 to $64 a share. She made $110 million in the process. Winfrey also donated more than 360,000 shares to her charitable organization. Investors aren't worried about the stock sales, though.

Who is the woman in the Weight Watchers ads?

Winfrey, who is also on the company's board and is featured in Weight Watchers ads, clearly deserves some credit for that. Weight Watchers has also benefited from its new Freestyle program, which expands the company's famous "zero points" offerings beyond fruits and vegetables to eggs, beans, chicken and seafood.

What did Grossman say about the new skinny?

Grossman told analysts on a conference call in late February that "healthy is the new skinny," and she made a similar point after Thursday's earnings report. "Our purpose is to inspire healthy habits for real life for people, families, communities, the world," Grossman said.

Who is the celebrity who endorses Weight Watchers?

Actor and writer Kevin Smith, celebrity chef Eric Greenspan and music mogul DJ Khaled are all endorsing Weight Watchers. But as the stock price of Weight Watchers has climbed, Winfrey has actually taken some of her Weight Watchers chips off the table recently. She still owns nearly 5.5 million shares.

Did Oprah Winfrey invest in Weight Watchers?

Winfrey's decision to invest in Weight Watchers ( WTW) nearly two and a half years ago has turned out to be a great move for her — and anyone else who bought the stock when Winfrey did and has been along for the ride ever since.

How much did Oprah Winfrey buy Weight Watchers?

Winfrey first partnered with Weight Watchers in October 2015, when she bought 6.4 million shares at $6.79 a share, worth $43.2 million at the time, according to a Securities and Exchange Commission filing. The stock has rocketed nearly 450% since then and trades around $38 per share.

How many WW shares does Oprah Winfrey own?

With the renewed partnership, Winfrey is given the option to purchase about 3.3 million WW shares, about 4.3% of the company’s common stock on a fully diluted basis. If she purchases the shares, the company will record a one-time charge in the second quarter of 2020.

How much is Oprah Winfrey worth?

Winfrey’s net worth was estimated to be about $4 billion last year, by Bloomberg ’s Billionaires Index. “Oprah and WW are fully aligned on the opportunity for WW to lead in the democratization of wellness, making a positive impact on the health and wellness of society as a whole,” said WW President and CEO Mindy Grossman.

When will Winfrey be back at WW?

Winfrey will continue to provide insights to WW on “consumer motivation, community activation, creative strategy and the overall consumer experience” through April 2023 and will continue to serve as a key advisor to the company through May 2025. Shares of WW are flat for the year.

Is Weight Watchers a partnership with Oprah?

WW International announced Monday its partnership with Winfrey is being extended into 2025, a collaboration that has rallied the stock nearly 450%.

Is Oprah Winfrey a WW partner?

WW International announced its partnership with billionaire Oprah Winfrey is being extended into 2025. The stock has rallied nearly 450% since Winfrey’s partnership with Weight Watchers began in October 2015. Winfrey holds about 5.4 million shares of WW, about 8% of the health company, according to FactSet. WW International, formerly known as ...

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