Analyst Downgrades – FIT – Fitbit (NYSE:FIT) Stock Gets Downgraded By Morgan Stanley from Equal Weight to Underweight

ME Staff
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Analyst Ratings For FIT – Fitbit (NYSE:FIT)

Today, FIT – Fitbit (NYSE:FIT) stock was downgraded by Morgan Stanley from Equal Weight to Underweight with a price target of $4.00.

Some recent analyst ratings include

  • 4/2/2018-Morgan Stanley was Downgraded by analysts at Morgan Stanley from a “Equal Weight ” rating to a ” Underweight” rating. They now have a $4.00 price target on the stock, up previously from $5.00 .
  • 3/19/2018-Craig Hallum initiated coverage with a Buy rating.
  • 2/27/2018-Robert W. Baird Reiterated Rating of Neutral .
  • 2/27/2018-Wedbush Reiterated Rating of Neutral .
  • 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.

Recent Insider Trading Activity For FIT – Fitbit (NYSE:FIT)
FIT – Fitbit (NYSE:FIT) has insider ownership of 29.10% and institutional ownership of 61.49%.

  • On 3/1/2018 Andy Missan, EVP, sold 5,000 with an average share price of $4.76 per share and the total transaction amounting to $23,800.00.
  • On 3/1/2018 Jon Callaghan, Director, sold 15,000 with an average share price of $4.76 per share and the total transaction amounting to $71,400.00.
  • 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.

Recent Trading Activity for FIT – Fitbit (NYSE:FIT)
Shares of FIT – Fitbit closed the previous trading session at with 4.829999923706055 shares trading hands.