Company Medifast, Inc.

Equities

MED

US58470H1014

Food Processing

Market Closed - Nyse 04:00:02 2024-04-17 pm EDT 5-day change 1st Jan Change
31.88 USD -1.15% Intraday chart for Medifast, Inc. -0.03% -52.57%

Business Summary

Medifast, Inc. is a health and wellness company. The Company provides a habit-based and coach-guided lifestyle solution OPTAVIA, which provides people with a comprehensive approach to help them achieve lasting optimal health and wellbeing. OPTAVIA's lifestyle plans deliver clinically proven health benefits as well as evidence-based tools, including scientifically developed products and a framework for habit creation reinforced by independent coaches and community support. Through a collaboration with the virtual primary care provider LifeMD, Inc (LifeMD), OPTAVIA customers have access to board-certified affiliated clinicians and medications, such as GLP-1s, that support treatment plans for obesity and other health conditions. OPTAVIA Coaches introduce customers to a set of healthy habits, and offer OPTAVIA-branded products, including Fuelings as well as OPTAVIA ACTIVE, a line of essential amino acid supplements and protein powders. Its operations are conducted through its subsidiaries.

Number of employees: 634

Sales per Business

USD in Million2022Weight2023Weight Delta
Weight Loss, Weight Management and Healthy Living Products
100.0 %
1,599 100.0 % 1,072 100.0 % -32.94%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
1,599 100.0 % 1,072 100.0 % -32.94%

Managers

Managers TitleAgeSince
Chief Executive Officer 59 16-10-02
Director of Finance/CFO 56 20-07-19
Chief Operating Officer 58 18-08-31
Investor Relations Contact - 23-03-01
Comptroller/Controller/Auditor 53 21-09-12
Human Resources Officer 51 19-09-30
Corporate Officer/Principal 44 17-12-31
General Counsel 52 09-10-08

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 59 16-10-02
Director/Board Member 63 15-06-16
Director/Board Member 59 19-06-11
General Counsel 52 09-10-08
Director/Board Member 60 17-12-31
Director/Board Member 66 15-06-16
Director/Board Member 68 18-06-12
Director/Board Member 43 23-06-13

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 10,895,595 10,601,275 ( 97.30 %) 0 97.30 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
15.95 %
1,737,461 15.95 % 67 M $
Vanguard Fiduciary Trust Co.
15.48 %
1,686,957 15.48 % 65 M $
Renaissance Technologies LLC
6.953 %
757,610 6.953 % 29 M $
Pacer Advisors, Inc.
4.798 %
522,732 4.798 % 20 M $
427,480 3.923 % 16 M $
First Trust Advisors LP
3.648 %
397,443 3.648 % 15 M $
Dimensional Fund Advisors LP
2.850 %
310,563 2.850 % 12 M $
Morgan Stanley Investment Management, Inc.
2.467 %
268,751 2.467 % 10 M $
Geode Capital Management LLC
2.265 %
246,824 2.265 % 9 M $
Citadel Advisors LLC (13f Subfiler)
2.131 %
232,147 2.131 % 9 M $

Company contact information

Medifast, Inc.

100 International Drive 18th Floor

21202, Baltimore

+410 581 8042

http://www.medifastinc.com
address Medifast, Inc.(MED)
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