Insider Trading May 26, 2026 08:47 PM

Major Institutional Sales Reported by Leonard Green Entities in Life Time Group Holdings

Affiliated entities sold over $97 million worth of LTH stock, even as the company posts positive operational updates and receives elevated analyst ratings.

By Avery Klein LTH

Entities connected to the private equity firm Leonard Green & Partners reported substantial sales of Life Time Group Holdings, Inc. (LTH) common stock totaling nearly $98 million on May 21, 2026. These transactions occurred despite positive developments for LTH, including the launch of a new nutrition service and multiple analyst upgrades from firms like Morgan Stanley, Mizuho, and UBS.

Major Institutional Sales Reported by Leonard Green Entities in Life Time Group Holdings
LTH

Key Points

  • <p><strong>Insider Selling Activity:</strong> Multiple entities linked to Leonard Green &amp; Partners sold a total value exceeding $97 million in LTH stock on May 21, 2026. This activity involves significant transaction volumes across several affiliated reporting parties.</p>
  • <p><strong>Positive Operational Developments:</strong> Life Time recently announced the launch of Dynamic Nutrition Coaching, an expanded in-person guidance service utilizing over 500 nutrition coaches at 190 North American locations. The company also acquired the Phoenix 10K road race.</p>
  • <p><strong>Analyst Upgrades and Valuation Support:</strong> Several major investment banks provided positive outlooks for LTH. Morgan Stanley raised its price target to $39 with an Overweight rating, while Mizuho increased its target to $44. UBS also reiterated a Buy rating with a target of $43. These actions highlight the company's strong member engagement and positive financial outcomes.</p>

Entities associated with Leonard Green & Partners, L.P., reported significant collective divestitures of Life Time Group Holdings, Inc. (NYSE: LTH) common stock. The total value realized from these sales reached $97,728,310. These transactions were formally filed on a Form 4 with the Securities and Exchange Commission and took place on May 21, 2026.

The specific details of the sale indicate that 3,006,090 shares of common stock were transacted across multiple reporting entities. All shares were sold at an identical price point of $32.51 per share. This sales activity occurred while LTH's stock had since risen to $33.22, reflecting a substantial year-to-date gain approaching 25% and maintaining strong upward momentum over recent months.

Detailed Breakdown of Transactions

The sell-off was executed by several affiliated parties. Specifically, Green LTF Holdings II LP disposed of 2,951,282 shares of Life Time Group common stock. Following this reduction in holdings, Green LTF Holdings II LP reported holding a remaining balance of 12,994,914 shares.

Furthermore, LGP Associates VI-A LLC accounted for the disposition of 4,999 shares, leaving its direct ownership at 22,010 shares. Separately, LGP Associates VI-B LLC sold 49,819 shares, which decreased its reported direct holdings to 219,359 shares.

These reporting entities involved in the sales include Green Equity Investors VI, L.P., Green Equity Investors Side VI, L.P., GEI Capital VI, LLC, Leonard Green & Partners, L.P., LGP Management Inc, Green VI Holdings, LLC, Peridot Coinvest Manager LLC, LGP Associates VI-A LLC, and LGP Associates VI-B LLC. It is noted that these entities may be classified as indirect beneficial owners of the securities held by Green LTF Holdings II LP, LGP Associates VI-A LLC, and LGP Associates VI-B LLC. Because of this structure, they could potentially be considered

Risks

  • <p><strong>Insider Selling Signal:</strong> The reported collective sale of nearly $98 million by affiliated entities, despite recent stock gains and positive corporate news, could be interpreted as a signal regarding internal confidence or valuation perceptions. This activity is monitored for potential implications on future price action.</p>
  • <p><strong>Valuation Discrepancy:</strong> While LTH currently trades at a P/E ratio of 19.4 and exhibits a low PEG ratio of 0.25, suggesting attractive relative value compared to growth prospects, InvestingPro analysis indicates that the stock may appear overvalued when benchmarked against its Fair Value estimate.</p>
  • <p><strong>Market Sensitivity:</strong> The sector's performance remains subject to broader economic factors impacting affluent households and discretionary spending on health and wellness services. This is highlighted by analyst focus on LTH's exposure to these demographics.</p>

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