Key Points
- Herbalife director Sophie L'helias bought 1,200 shares on June 4 at an average price of $11.31, spending $13,572 and lifting her holdings to 79,882 shares.
- The purchase comes as Herbalife stock traded around $11.39, near the low end of its 52-week range of $7.43 to $20.40 and below its 50-day and 200-day moving averages.
- Herbalife recently posted better-than-expected quarterly results, with EPS of $0.64 versus $0.61 expected and revenue of $1.32 billion, while analysts currently rate the stock a consensus Hold with an average price target of $17.80.
Herbalife Ltd (NYSE:HLF - Get Free Report) Director Sophie L'helias bought 1,200 shares of the firm's stock in a transaction that occurred on Thursday, June 4th. The shares were purchased at an average cost of $11.31 per share, for a total transaction of $13,572.00. Following the completion of the transaction, the director owned 79,882 shares of the company's stock, valued at $903,465.42. This represents a 1.53% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Herbalife Stock Up 0.0%
Shares of HLF opened at $11.39 on Friday. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 5.00, a P/E/G ratio of 0.68 and a beta of 0.88. Herbalife Ltd has a 12 month low of $7.43 and a 12 month high of $20.40. The company has a 50-day moving average price of $14.36 and a two-hundred day moving average price of $14.83.
Herbalife (NYSE:HLF - Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.64 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.03. The firm had revenue of $1.32 billion during the quarter, compared to analysts' expectations of $1.30 billion. Herbalife had a net margin of 4.67% and a negative return on equity of 41.47%. The company's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.59 earnings per share. Equities research analysts expect that Herbalife Ltd will post 2.47 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of HLF. Caitong International Asset Management Co. Ltd bought a new position in Herbalife in the 4th quarter worth approximately $32,000. Aster Capital Management DIFC Ltd bought a new position in Herbalife in the 3rd quarter worth approximately $35,000. KBC Group NV bought a new position in Herbalife in the 1st quarter worth approximately $44,000. Advisory Services Network LLC bought a new position in Herbalife in the 3rd quarter worth approximately $65,000. Finally, Quarry LP raised its position in Herbalife by 49,105.3% in the 3rd quarter. Quarry LP now owns 9,349 shares of the company's stock worth $79,000 after purchasing an additional 9,330 shares during the last quarter.
Wall Street Analyst Weigh In
A number of brokerages have commented on HLF. Wall Street Zen upgraded shares of Herbalife from a "buy" rating to a "strong-buy" rating in a research note on Saturday, April 18th. Zacks Research cut shares of Herbalife from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 20th. Weiss Ratings cut shares of Herbalife from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, May 22nd. Mizuho set a $17.00 price target on shares of Herbalife in a research note on Monday, May 4th. Finally, Royal Bank Of Canada cut their price target on shares of Herbalife from $17.00 to $16.00 and set a "sector perform" rating for the company in a research note on Tuesday, April 28th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Herbalife has a consensus rating of "Hold" and an average price target of $17.80.
Get Our Latest Report on HLF
Herbalife Company Profile
(
Get Free Report)
Herbalife Nutrition Ltd. (NYSE: HLF) operates as a global multi-level marketing company specializing in weight-management, nutritional supplement, sports nutrition and personal care products. Its portfolio includes protein shakes, vitamins, energy and fitness supplements, hydration products and skin and hair care items, all formulated to support wellness, performance and healthy living. Products are manufactured in GMP-certified facilities to ensure consistent quality and safety standards.
Founded in 1980 by Mark R.
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