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TVTY Tivity Health

Tivity Health® Inc. is a leading provider of healthy life-changing solutions, including SilverSneakers®, Nutrisystem®, Prime® Fitness, Wisely Well™, South Beach Diet®, and WholeHealth Living®. We are actively addressing the social determinants of health, defined as the conditions in which we work, live and play. From improving health outcomes to reversing the narrative on inactivity, food insecurity, social isolation and loneliness, we are making a difference and are transforming the way we do health.

Company profile

Ticker
TVTY
Exchange
CEO
Robert Greczyn
Employees
Incorporated
Location
Fiscal year end
Former names
AMERICAN HEALTHCORP INC /DE, AMERICAN HEALTHCORP, INC., AMERICAN HEALTHWAYS INC, HEALTHWAYS, INC, HEALTHWAYS, INC.
SEC CIK
IRS number
621117144

TVTY stock data

(
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Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

7 May 21
3 Aug 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 52.43M 52.43M 52.43M 52.43M 52.43M 52.43M
Cash burn (monthly) 15.99M 2.55M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 66.07M 10.54M n/a n/a n/a n/a
Cash remaining -13.64M 41.89M n/a n/a n/a n/a
Runway (months of cash) -0.9 16.4 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
2 Jul 21 Joseph Raymond Bilbao Common Stock Payment of exercise Dispose F No No 26.83 65 1.74K 27,023
30 Jun 21 Russell Erin L Common Stock Grant Aquire A No No 0 748 0 29,034
30 Jun 21 Sanfilippo Anthony Michael Common Stock Grant Aquire A Yes No 0 1,681 0 233,921
30 Jun 21 Sara Finley Common Stock Grant Aquire A No No 0 373 0 36,574
30 Jun 21 Sara Finley Common Stock Grant Aquire A No No 0 485 0 36,201
15 Jun 21 Adam C Holland Common Stock Payment of exercise Dispose F No No 27.34 763 20.86K 84,459

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders
Current Prev Q Change
Total holders 165 156 +5.8%
Opened positions 29 27 +7.4%
Closed positions 20 25 -20.0%
Increased positions 56 33 +69.7%
Reduced positions 53 71 -25.4%
13F shares
Current Prev Q Change
Total value 1.48B 1.18B +25.9%
Total shares 49.36M 49.82M -0.9%
Total puts 56.9K 45.34K +25.5%
Total calls 500.8K 63.53K +688.3%
Total put/call ratio 0.1 0.7 -84.1%
Largest owners
Shares Value Change
BLK Blackrock 6.6M $147.34M +5.7%
Vanguard 4.85M $108.32M +4.1%
HG Vora Capital Management 4.8M $107.14M 0.0%
Hudson Executive Capital 4.8M $107.03M 0.0%
Goldman Sachs & Co 3.65M $71.55M 0.0%
Miller Value Partners 3.55M $79.2M +16.8%
GS Goldman Sachs 2.21M $49.37M -39.5%
MS Morgan Stanley 1.5M $33.59M -17.1%
STT State Street 1.35M $30.12M -13.6%
Manufacturers Life Insurance Company, The 838.41K $18.71M +17.5%
Largest transactions
Shares Bought/sold Change
GS Goldman Sachs 2.21M -1.45M -39.5%
Dendur Capital 662.32K -1.19M -64.2%
JPM JPMorgan Chase & Co. 236.66K -742.89K -75.8%
Assenagon Asset Management 716.72K +716.72K NEW
Point72 Asset Management 563.64K +563.64K NEW
Miller Value Partners 3.55M +511.12K +16.8%
SAMG Silvercrest Asset Management 492.39K +492.39K NEW
Norges Bank 0 -473.82K EXIT
BLK Blackrock 6.6M +356.81K +5.7%
MS Morgan Stanley 1.5M -310.74K -17.1%

Financial report summary

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Risks
  • The COVID-19 pandemic has had, and is expected to continue to have, a material adverse effect on our business and results of operations.
  • Our business strategy relating to the development and introduction of new products and services exposes us to risks such as limited customer and/or market acceptance and additional expenditures that may not result in additional net revenue.
  • If we fail to successfully implement our business strategy, our financial performance and our growth could be materially and adversely affected.
  • We may experience difficulties associated with the implementation and/or integration of new businesses, services (including outsourced services), technologies, solutions, or products.
  • Changes in macroeconomic conditions and certain market risks may adversely affect our business.
  • We have a significant amount of goodwill and intangible assets, the value of which could become further impaired.
  • In order to be successful, we must attract, engage, retain and integrate key employees and have adequate succession plans in place, and failure to do so could have an adverse effect on our ability to manage our business.
  • We face competition for staffing, which may increase our labor costs and reduce profitability.
  • We are or may become a party to litigation that could potentially force us to pay significant damages and/or harm our reputation.
  • Damage to our reputation could harm our business, including our competitive position and business prospects.
  • Our results of operations could be adversely affected by severe or unexpected weather, epidemics, pandemics or outbreaks of disease.
  • If our customers or fitness center partners experience financial distress, or seek to change or delay payment terms, it could negatively affect our financial position and results.
  • If our efforts to attract and retain paying subscribers for our Prime Fitness program are not successful, our business will be adversely affected.
  • We could be adversely affected by violations of the FCPA and similar anti-bribery laws of other countries in
  • A significant percentage of our revenues is derived from health plan customers.
  • We currently derive a significant percentage of our revenues from three customers.
  • Our inability to renew and/or maintain contracts with our customers and/or fitness partner locations under existing terms or restructure these contracts under favorable terms could adversely affect our business and results of operations.
  • Compliance with existing or newly adopted federal and state laws and regulations or new or revised interpretations of such requirements could adversely affect our results of operations or may require us to spend substantial amounts, and the failure to comply with applicable laws and regulations could subject us to penalties or negatively impact our ability to provide services.
  • Healthcare reform efforts may result in a reduction to our revenues from government health programs and private insurance companies or otherwise directly or indirectly impact our business.
  • A failure of our information technology or systems could adversely affect our business.
  • A cybersecurity incident could result in the loss of confidential data, give rise to remediation and other expenses, expose us to liability under HIPAA, consumer protection laws, common law theories or other laws, subject us to litigation and federal and state governmental inquiries, damage our reputation, and otherwise be disruptive to our business.
  • Our business is subject to new and changing federal and state privacy and security laws, rules and regulations, which impact our operating costs and for which failure to adhere could negatively impact our business.
  • Third parties may infringe on our brands, trademarks and other intellectual property rights, which may have an adverse impact on our business.
  • We may be subject to intellectual property rights claims.
  • The performance of our business (as it could further be affected by the COVID-19 pandemic) and the level of our indebtedness could prevent us from meeting the obligations under our Credit Agreement or have an adverse effect on our future financial condition, our ability to raise additional capital, or our ability to react to changes in the economy or our industry.
Management Discussion
  • Following is a discussion of the Company’s results of operations and financial condition for 2020 compared to 2019 and for 2019 compared to 2018.  
Content analysis
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H.S. junior Avg
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