Insider Buying: Mannatech Director Acquires 6,174 Shares of Stock (MTEX)
Mannatech (NASDAQ:MTEX) Director Larry A. Jobe bought 6,174 shares of Mannatech stock in a transaction that occurred on Thursday, September 4th. The shares were purchased at an average cost of $13.32 per share, for a total transaction of $82,237.68. Following the purchase, the director now directly owns 41,173 shares in the company, valued at approximately $548,424. The transaction was disclosed in a filing with the SEC, which is available at this link.
Mannatech (NASDAQ:MTEX) traded up 1.52% during mid-day trading on Thursday, hitting $13.32. 12,793 shares of the company’s stock traded hands. Mannatech has a 52-week low of $11.51 and a 52-week high of $35.00. The stock has a 50-day moving average of $12.39 and a 200-day moving average of $14.77. The company has a market cap of $35.5 million and a price-to-earnings ratio of 27.51.
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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