Mannatech CEO Buys $49,858 in Stock (MTEX)
Mannatech (NASDAQ:MTEX) CEO Robert A. Sinnott purchased 3,995 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The shares were purchased at an average cost of $12.48 per share, with a total value of $49,857.60. Following the completion of the acquisition, the chief executive officer now directly owns 1,666 shares of the company’s stock, valued at approximately $20,792. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Mannatech (NASDAQ:MTEX) traded up 0.48% during mid-day trading on Thursday, hitting $12.47. The stock had a trading volume of 2,726 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 $12.2 and its 200-day moving average is $14.86. The company has a market cap of $33.2 million and a price-to-earnings ratio of 26.02.
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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