Investing
Namdar Family Discloses Position in Nautilus Group (NLS) - Here's Why
Published:
Fintel reports that Namdar Family Holding LLC has filed a 13G form with the SEC disclosing ownership of 1,886,432 shares of Nautilus Group, Inc. (The) (NLS). This represents 5.0% of the company.
Headquartered in Vancouver, Washington, Nautilus, Inc. is a global technology driven fitness solutions company that believes everyone deserves a fit and healthy life. With a brand portfolio including Bowflex®, Nautilus®, Schwinn® and JRNY®. Nautilus, Inc. develops innovative products to support healthy living through direct and retail channels.
In their most recent earnings report, the company reported the following highlights:
Fiscal 2023 Second Quarter Ended September 30, 2022 Compared to September 30, 2021
What are other large shareholders doing?
Quinn Opportunity Partners LLC holds 519,574 shares representing 1.64% ownership of the company. In it’s prior filing, the firm reported owning 909,123 shares, representing a decrease of 74.97%. The firm decreased its portfolio allocation in NLS by 33.91% over the last quarter.
Gsa Capital Partners Llp holds 484,189 shares representing 1.53% ownership of the company. In it’s prior filing, the firm reported owning 0 shares, representing an increase of 100.00%.
Renaissance Technologies Llc holds 479,100 shares representing 1.51% ownership of the company. In it’s prior filing, the firm reported owning 1,152,783 shares, representing a decrease of 140.61%. The firm decreased its portfolio allocation in NLS by 53.73% over the last quarter.
Strategic Investment Opportunities LLC holds 436,760 shares representing 1.38% ownership of the company. No change in the last quarter.
Annandale Capital, LLC holds 400,135 shares representing 1.26% ownership of the company.
What is the overall Fund Sentiment?
There are 212 funds or institutions reporting positions in Nautilus Group, Inc. (The). This is a decrease of 27 owner(s) or 11.30%.
Average portfolio weight of all funds dedicated to Nautilus Group, Inc. (The) is 0.0939%, an increase of 23.9944%. Total shares owned by institutions decreased in the last three months by 22.77% to 10,504,737 shares.
Fintel’s Fund Sentiment Score is a quantitative model that ranks companies from zero to 100 based on Fund Sentiment. Fund Sentiment is important because it tells you if funds are buying or selling – and in particular how the company ranks compared to other companies in the investing universe.
This article originally appeared on Fintel.
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.