Insider Buying: Robert Toth Acquires 5,000 Shares of Mannatech Stock (MTEX)
Mannatech (NASDAQ:MTEX) Director Robert Toth acquired 5,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, October 3rd. The stock was purchased at an average cost of $22.99 per share, for a total transaction of $114,950.00. Following the completion of the transaction, the director now directly owns 25,000 shares of the company’s stock, valued at approximately $574,750. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Mannatech (NASDAQ:MTEX) traded down 3.16% on Monday, hitting $22.38. The stock had a trading volume of 20,119 shares. Mannatech has a 1-year low of $4.77 and a 1-year high of $35.00. The stock has a 50-day moving average of $26.2 and a 200-day moving average of $14.11. The company has a market cap of $59.2 million and a P/E ratio of 15.71.
Mannatech, Incorporated is a global wellness solution provider. The Company develops and sells nutritional supplements, topical and skin cares products, and weight-management products that target optimal health and wellness.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.