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Life Time Reshapes Ownership Through Buyback, Atairos Investment

Story Highlights
  • On May 5, 2026, Life Time repurchased 2.19 million shares for $62.7 million.
  • Existing sponsors sold 8.77 million shares to Atairos, reshaping Life Time’s shareholder base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Life Time Reshapes Ownership Through Buyback, Atairos Investment

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The latest update is out from Life Time Group Holdings ( (LTH) ).

On May 5, 2026, Life Time Group Holdings agreed to repurchase 2,192,500 shares of its common stock at $28.60 per share, for a total of about $62.7 million, in a private transaction with existing shareholders, funded with cash on hand under its February 2026 board-approved buyback program. On the same date, those selling shareholders also agreed to sell an additional 8,770,000 shares for approximately $250.8 million to an affiliate of Atairos Group in a separate private deal, which will close in two tranches subject to customary conditions and will leave Leonard Green, TPG, and Partners Group with reduced but still meaningful minority stakes in the company.

Following completion of these transactions, funds associated with Leonard Green will hold about 8.5% of Life Time’s outstanding stock, while TPG funds will own roughly 6.1% and Partners Group funds about 1.3%, based on 222.6 million shares outstanding as of May 1, 2026. The combination of the company-funded repurchase and the new strategic investor’s purchase reshapes Life Time’s shareholder base, modestly concentrates ownership among remaining investors, and signals management’s confidence in the company’s valuation and capital allocation strategy.

The most recent analyst rating on (LTH) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Life Time Group Holdings stock, see the LTH Stock Forecast page.

Spark’s Take on LTH Stock

According to Spark, TipRanks’ AI Analyst, LTH is a Neutral.

The score is driven by strong earnings-call guidance and improving profitability, supported by a reasonable P/E. These positives are tempered by mixed cash flow (TTM free cash flow slightly negative) and weak near-term technical momentum with the stock trading below key moving averages.

To see Spark’s full report on LTH stock, click here.

More about Life Time Group Holdings

Life Time Group Holdings, Inc. operates in the health and fitness industry, running large-scale athletic country clubs and related wellness facilities. The company generates revenue from membership dues, in-club services, and ancillary offerings focused on premium fitness, health, and lifestyle experiences for consumers across its markets.

Average Trading Volume: 2,846,184

Technical Sentiment Signal: Hold

Current Market Cap: $5.83B

For an in-depth examination of LTH stock, go to TipRanks’ Overview page.

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