We recently published a list of 10 Stocks With At Least $30 Million In Insider Sales Recently. In this article, we are going to take a look at where Life Time Group Holdings, Inc. (NYSE:LTH) stands against other stocks with at least $30 million in insider sales recently.
Last week, stocks declined in part due to President Donald Trump’s statements on tariffs. This week, the turbulent ride on the stock market continues as stocks react to the President’s comments on a potential recession.
In an interview on Fox News’ “Sunday Morning Futures with Maria Bartiromo” that aired Sunday, Trump discussed the U.S. economy, stating it is “a period of transition,” and did not rule out a possible recession, according to CNN Business. When directly asked if he was expecting one, the President responded, “I hate to predict things like that. There is a period of transition because what we’re doing is very big.”
The very big U.S. indexes reacted to the news, with blue-chip companies dropping by 1%, and the broader market index losing 2%. The NASDAQ, which already entered correction last week, fell another 3% today. Tech stocks were leading the sell-off.
As the market adapts to new political and economic developments, some analysts remain optimistic, with faith in the future adoption of AI technology. During these market fluctuations, insider trading often attracts attention, as executives have valuable insights into their company’s future. For instance, when a CEO or CFO buys company stock, it can signal confidence in the company’s prospects.
On the other hand, selling shares may indicate a lack of confidence, though it’s not always the case. Insiders may sell for reasons like portfolio rebalancing or personal financial needs, and many follow pre-arranged trading plans (10b5-1 plans).
While insider buying or selling can offer useful clues, it should be considered alongside a company’s financial health, industry trends, and market conditions. Research is key to making informed investment decisions.
Today, we’re focusing on stocks that have seen insider sales of at least $30 million since the start of the year. Using Insider Monkey’s insider trading screener, we identified stocks where at least one insider sale reached $30 million or more. While the total value of insider sales for these stocks could be higher, we specifically selected the stocks with the single largest insider sale above $30 million. From this group, we highlighted the 10 stocks with the highest individual insider sales.
Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
For each stock, we provide details on the highest individual sale, the number of insider sales exceeding $30 million year-to-date, and the company’s current market capitalization.
Life Time Group Holdings, Inc. (NYSE:LTH)
Highest Individual Sale: $297,433,929.31
Number of Sales Above $30 million: 6
Market Capitalization: $6.10 billion
Life Time Group offers a wide range of health, fitness, and wellness experiences to members across the U.S. and Canada. The Chanhassen, Minnesota-headquartered company specializes in designing, building, and operating sports, fitness, family recreation, and spa centers in resort-style environments in both suburban and urban locations. Its facilities feature fitness floors with equipment, locker rooms, group fitness studios, indoor and outdoor pools, tennis and pickleball courts, basketball courts, LifeSpa, LifeCafe, and childcare spaces like Kids Academy.
In addition, Life Time Digital offers live-streamed fitness classes, remote personal training, nutrition and weight loss support, and curated health and wellness content. The company also provides media, athletic events, and related services.
Recently, the company announced the opening of Life Time Evanston, the 14th Life Time in Illinois, and the company’s second athletic country club in the country to feature its exclusive MIORA Performance and Longevity Clinic. Located near the scenic shores of Lake Michigan, the 60,000 square-foot destination extends Life Time’s signature healthy way of life programs and services to the downtown Evanston area with an unparalleled health and wellness experience for those 90 days old to 90 years old.
Since the beginning of the year, Life Time shares gained 27.40%, now trading at $28.18 per share. Additionally, the stock returned 91.05% to its investors over the past 12 months.
In 2024 Life Time had revenue of $2.62 billion, compared to $2.22 billion in 2023. Net income amounted to $156.2 million, up by 105% from $76.1 million in 2023. Adjusted EBITDA was a gain of $676.8 million, compared to $536.8 million in the prior year.
According to data from Tip Ranks, 11 Wall Street analysts have given a “Moderate Buy” rating to Life Time stock. The average price target of $36.50 represents an increase of 29.43%. More specifically, analyst John Baumgartner from Mizuho Securities maintained a “Buy” rating on the company’s stock and has a $38.00 price target. The rating was backed by factors highlighting the company’s strong performance and growth potential.
Life Time is among stocks on the rise: 10 best stocks to buy right now.
Overall, LTH ranks 8th on our list of stocks with at least $30 million in insider sales recently. While we acknowledge the potential of LTH, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LTH but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
