Following this sale, Singh Jebens retains ownership of 143,030 shares in the company. The transaction was conducted under a pre-established Rule 10b5-1 trading plan, which was adopted on September 10, 2024. This plan allows insiders to set up a predetermined schedule for selling stocks, providing a way to avoid potential accusations of insider trading.Life Time Group Holdings, known for its chain of health and fitness clubs, continues to be a key player in the services sector, particularly in the membership sports and recreation clubs industry. With a market capitalization of $5.89 billion and a P/E ratio of 34.8, the company currently trades at premium valuations. InvestingPro analysis reveals 13 additional key insights about the company's valuation and growth prospects, available exclusively to subscribers. With a market capitalization of $5.89 billion and a P/E ratio of 34.8, the company currently trades at premium valuations. InvestingPro analysis reveals 13 additional key insights about the company's valuation and growth prospects, available exclusively to subscribers.
Following this sale, Singh Jebens retains ownership of 143,030 shares in the company. The transaction was conducted under a pre-established Rule 10b5-1 trading plan, which was adopted on September 10, 2024. This plan allows insiders to set up a predetermined schedule for selling stocks, providing a way to avoid potential accusations of insider trading.
Life Time Group Holdings, known for its chain of health and fitness clubs, continues to be a key player in the services sector, particularly in the membership sports and recreation clubs industry.
In other recent news, Life Time Group Holdings Inc (NYSE:LTH). has been the center of attention following robust fourth-quarter earnings and a positive outlook for 2025. The company reported significant revenue growth of 18.12% over the last twelve months, reaching $2.52 billion. This growth was attributed to a 12% increase in per-member spend. The company's EBITDA margin has improved, stabilizing at 26%, and the updated guidance for 2025 suggests deployable cash is on track to approach $400 million. Looking ahead, Life Time anticipates total revenue to climb 12.2% to $2,910-$2,970 million in 2025, significantly above the $2,800 million analyst consensus. Several analyst firms, including Oppenheimer, Craig-Hallum, RBC Capital, and Guggenheim, have revised their stock price targets for Life Time Group, reflecting confidence in the company's growth strategy and its ability to execute on its expansion plans. These recent developments underscore the company's potential for significant growth over the next decade.
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