Analyst Activity – Morgan Stanley Lowers Its Price Target On Fitbit (NYSE:FIT) to $5.00

Analyst Ratings For Fitbit (NYSE:FIT)

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Today, Morgan Stanley lowered its price target on Fitbit (NYSE:FIT) to $5.00 per share.

Some recent analyst ratings include

  • 2/27/2018-Bank of America Reiterated Rating of Underperform.
  • 2/27/2018-Citigroup Reiterated Rating of Sell .
  • 1/31/2018-Stifel Nicolaus Upgrade from a “Sell ” rating to a ” Hold” rating.
  • 1/5/2018-Roth Capital initiated coverage with a Buy rating.
  • 12/21/2017-Cleveland Research Reiterated Rating of Hold.

Recent Insider Trading Activity For Fitbit (NYSE:FIT)
Fitbit (NYSE:FIT) has insider ownership of 29.10% and institutional ownership of 62.53%.

  • On 2/1/2018 Andy Missan, EVP, sold 5,000 with an average share price of $5.17 per share and the total transaction amounting to $25,850.00.
  • On 2/1/2018 Jon Callaghan, Director, sold 15,000 with an average share price of $5.17 per share and the total transaction amounting to $77,550.00.
  • On 1/2/2018 Andy Missan, EVP, sold 5,000 with an average share price of $5.90 per share and the total transaction amounting to $29,500.00.
  • On 1/2/2018 Jon Callaghan, Director, sold 15,000 with an average share price of $5.91 per share and the total transaction amounting to $88,650.00.
  • On 12/1/2017 Andy Missan, EVP, sold 5,000 with an average share price of $6.81 per share and the total transaction amounting to $34,050.00.
  • On 12/1/2017 Jon Callaghan, Director, sold 15,000 with an average share price of $6.81 per share and the total transaction amounting to $102,150.00.
  • On 11/15/2017 Steven Joseph Murray, Director, sold 966,641 with an average share price of $6.09 per share and the total transaction amounting to $5,886,843.69.

Recent Trading Activity for Fitbit (NYSE:FIT)
Shares of Fitbit closed the previous trading session at 4.86 down -0.70 12.59% with shares trading hands.

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