Medifast Inc (NYSE:MED) reported Q2 2018 earnings this Afternoon, coming in at $1.16 per share, beating Wall Street’s estimates of $0.98 per Share. Revenue for the quarter came in at $117.30 million beating analyst estimates of $101.75 million

Recent Insider Trading for Medifast Inc (NYSE:MED)

• On 3/20/2018 Charles P Connolly, Director, sold 8,000 with an average share price of $90.95 per share and the total transaction amounting to $727,600.00.
• On 3/15/2018 Charles P Connolly, Director, sold 7,500 with an average share price of $89.31 per share and the total transaction amounting to $669,825.00.
• On 3/8/2018 Michael C Macdonald, Director, sold 20,000 with an average share price of $84.45 per share and the total transaction amounting to $1,689,000.00.
• On 12/1/2017 Glenn W Welling, Director, sold 275,000 with an average share price of $64.60 per share and the total transaction amounting to $17,765,000.00.
• On 11/13/2017 Glenn W Welling, Director, sold 250,000 with an average share price of $65.00 per share and the total transaction amounting to $16,250,000.00.
• On 9/21/2017 Ralph Rushton, Director, sold 25,000 with an average share price of $0.18 per share and the total transaction amounting to $4,500.00.

Dividend History for Medifast Inc (NYSE:MED)

• On 6/15/2018 Medifast Inc announced a quarterly dividend of $0.48 1.18% with an ex dividend date of 6/28/2018 which will be payable on 6/29/2018.
• On 3/16/2018 Medifast Inc announced a quarterly dividend of $0.48 2.14% with an ex dividend date of 3/28/2018 which will be payable on 3/30/2018.
• On 12/7/2017 Medifast Inc announced a quarterly dividend of $0.48 2.69% with an ex dividend date of 12/21/2017 which will be payable on 12/22/2017.
• On 9/7/2017 Medifast Inc announced a quarterly dividend of $0.32 2.31% with an ex dividend date of 9/21/2017 which will be payable on 9/22/2017.
• On 6/7/2017 Medifast Inc announced a Quarterly dividend of $0.32 3.1% with an ex dividend date of 6/21/2017 which will be payable on 6/23/2017.
• On 3/8/2017 Medifast Inc announced a quarterly dividend of $0.32 2.92% with an ex dividend date of 3/21/2017 which will be payable on 3/23/2017.
• On 12/9/2016 Medifast Inc announced a quarterly dividend of $0.32 3.13% with an ex dividend date of 12/21/2016 which will be payable on 12/23/2016.

About Company
Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products. It offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by OPTAVIA, Flavors of Home, and Essential 1 brands. The company sells its products through various channels, including the Internet, call centers, independent health advisors, medical professionals, franchise weight loss clinics, and direct consumer marketing. As of December 31, 2017, it operated 16 franchised Medifast weight control centers in Arizona, California, Louisiana, Minnesota, and Wisconsin; and 18 reseller locations in California, Maryland, and Pennsylvania. The company was founded in 1980 and is headquartered in Baltimore, Maryland.

Recent Analyst Rating for Medifast Inc (NYSE:MED)

• On 6/15/2018 quarterly, $0.48, to 1.18% with a price target of 6/28/2018
• On 6/29/2018 8/8/2018 3/16/2018, quarterly, to $0.48 with a price target of 2.14%
• On 3/28/2018 3/30/2018, 5/8/2018 12/7/2017, to quarterly with a price target of $0.48
• On 12/21/2017 12/22/2017, 2/8/2018 9/7/2017, to quarterly with a price target of $0.32
• On 9/21/2017 9/22/2017, 11/9/2017 6/7/2017, to Quarterly with a price target of $0.32
• On 6/21/2017 6/23/2017, 8/9/2017 3/8/2017, to quarterly with a price target of $0.32

Recent Trading for Medifast Inc (NYSE:MED)
Shares of Medifast Inc closed the previous trading session at 175.01 up +5.54 3.27% with 177.26 shares trading hands.