Mannatech CEO Purchases $49,858 in Stock (MTEX)
Mannatech (NASDAQ:MTEX) CEO Robert A. Sinnott purchased 3,995 shares of Mannatech stock on the open market in a transaction dated Tuesday, August 19th. The stock was purchased at an average price of $12.48 per share, with a total value of $49,857.60. Following the completion of the transaction, the chief executive officer now directly owns 1,666 shares of the company’s stock, valued at approximately $20,792. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
Mannatech (NASDAQ:MTEX) traded down 0.56% during mid-day trading on Tuesday, hitting $12.42. 4,543 shares of the company’s stock traded hands. Mannatech has a 1-year low of $11.51 and a 1-year high of $35.00. The stock’s 50-day moving average is $12.19 and its 200-day moving average is $14.88. The company has a market cap of $33.1 million and a price-to-earnings ratio of 26.18.
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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