Leonard Green & Partners Reduces Stake by $97.7M
LTH sits 38% above its 52-week low of $24.14.
Summary
Leonard Green & Partners entities sold $97.7 million worth of Life Time Group Holdings stock, reducing their stake to 5.9%.
Key Events · Ownership and Investor Activity · LTH
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Significant Share Sale
Leonard Green & Partners entities sold 3,006,000 shares of common stock at $32.51 per share on May 21, 2026, totaling $97.7 million.
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Reduced Ownership Stake
The sale decreased their collective beneficial ownership from approximately 7.3% to 5.9% of the company's outstanding shares.
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Ongoing Institutional Distribution
This transaction continues a pattern of major institutional investors, including Leonard Green & Partners and TPG, reducing their holdings in the company.
Analysis · LTH · Trade & Services
This Schedule 13D/A reports that Leonard Green & Partners entities sold over 3 million shares for $97.7 million on May 21, 2026. This sale reduces their collective ownership from approximately 7.3% to 5.9%. This is part of a broader trend of institutional investors, including Leonard Green & Partners and TPG, distributing their holdings in Life Time Group Holdings, as evidenced by multiple recent filings.
At the time of this filing, LTH was trading at $33.25 on NYSE in the Trade & Services sector, with a market capitalization of approximately $7.4B. The 52-week trading range was $24.14 to $35.33. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.