Mannatech, Incorporated (NASDAQ:MTEX) Director Eric W. Schrier acquired 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, August 10th. The stock was bought at an average price of $15.42 per share, for a total transaction of $23,130.00. Following the completion of the transaction, the director now owns 5,068 shares of the company’s stock, valued at approximately $78,148.56. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Mannatech, Incorporated (MTEX) traded down 1.32% on Monday, hitting $15.00. 3,505 shares of the company traded hands. The firm’s 50 day moving average price is $15.92 and its 200 day moving average price is $16.23. Mannatech, Incorporated has a 1-year low of $12.51 and a 1-year high of $23.80. The firm has a market capitalization of $40.67 million, a PE ratio of 61.48 and a beta of 1.12.

Mannatech, (NASDAQ:MTEX) last posted its quarterly earnings results on Tuesday, August 8th. The company reported $0.65 EPS for the quarter. Mannatech, had a return on equity of 1.81% and a net margin of 0.41%. The company had revenue of $47.69 million for the quarter. During the same period in the prior year, the firm posted ($0.49) earnings per share.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 20th. Investors of record on Wednesday, September 13th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 3.33%. Mannatech,’s dividend payout ratio is presently 217.40%.

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A hedge fund recently bought a new stake in Mannatech, stock. JBF Capital Inc. purchased a new position in Mannatech, Incorporated (NASDAQ:MTEX) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 16,014 shares of the company’s stock, valued at approximately $250,000. JBF Capital Inc. owned about 0.59% of Mannatech, at the end of the most recent reporting period. 18.84% of the stock is owned by hedge funds and other institutional investors.

About Mannatech,

Mannatech, Incorporated is a wellness solution provider. The Company develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products. The Company operates through the segment of sale of nutritional supplements, skin care and anti-aging products, and weight management and fitness products through network marketing distribution channels in approximately 20 countries.

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