Insider Buying: Mannatech CFO Buys 2,034 Shares of Stock (MTEX)
Mannatech (NASDAQ:MTEX) CFO Steven Mark Nicholls acquired 2,034 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were purchased at an average price of $12.39 per share, with a total value of $25,201.26. Following the completion of the transaction, the chief financial officer now directly owns 5,000 shares in the company, valued at approximately $61,950. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Mannatech (NASDAQ:MTEX) traded up 0.61% on Friday, hitting $12.435. The stock had a trading volume of 11,491 shares. Mannatech has a 52 week low of $11.51 and a 52 week high of $35.00. The stock’s 50-day moving average is $12.18 and its 200-day moving average is $14.93. The company has a market cap of $33.2 million and a P/E ratio of 25.91.
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.
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