Nu Skin Enterprises, Inc. (NUS) Insider Joseph Y. Chang Sells 36,503 Shares
Nu Skin Enterprises, Inc. (NYSE:NUS) insider Joseph Y. Chang sold 36,503 shares of Nu Skin Enterprises stock in a transaction on Friday, November 10th. The stock was sold at an average price of $62.24, for a total transaction of $2,271,946.72. Following the transaction, the insider now owns 66,563 shares in the company, valued at approximately $4,142,881.12. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Nu Skin Enterprises, Inc. (NYSE:NUS) traded up $0.73 on Monday, hitting $62.13. 528,500 shares of the company were exchanged, compared to its average volume of 683,260. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.18 and a current ratio of 1.78. Nu Skin Enterprises, Inc. has a 52 week low of $46.35 and a 52 week high of $65.85. The stock has a market cap of $3,271.15, a PE ratio of 21.95, a price-to-earnings-growth ratio of 2.26 and a beta of 1.57.
Nu Skin Enterprises (NYSE:NUS) last released its earnings results on Wednesday, November 1st. The company reported $0.76 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.76. Nu Skin Enterprises had a net margin of 6.97% and a return on equity of 22.38%. The company had revenue of $563.70 million for the quarter, compared to analysts’ expectations of $562.70 million. During the same quarter in the previous year, the company earned $0.98 EPS. Nu Skin Enterprises’s revenue for the quarter was down 6.7% on a year-over-year basis. equities research analysts anticipate that Nu Skin Enterprises, Inc. will post 3.23 EPS for the current year.
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Several research analysts have recently weighed in on the stock. TheStreet upgraded shares of Nu Skin Enterprises from a “c+” rating to a “b” rating in a research note on Wednesday, August 2nd. BidaskClub cut shares of Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 31st. Zacks Investment Research cut shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th. Finally, Stifel Nicolaus set a $50.00 price target on shares of Nu Skin Enterprises and gave the stock a “sell” rating in a research note on Thursday, August 3rd. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $62.00.
A number of hedge funds have recently made changes to their positions in NUS. Alliancebernstein L.P. lifted its stake in Nu Skin Enterprises by 3.1% in the 1st quarter. Alliancebernstein L.P. now owns 35,337 shares of the company’s stock worth $1,963,000 after purchasing an additional 1,078 shares in the last quarter. Teachers Advisors LLC lifted its stake in Nu Skin Enterprises by 6.9% in the 1st quarter. Teachers Advisors LLC now owns 250,552 shares of the company’s stock worth $13,916,000 after purchasing an additional 16,237 shares in the last quarter. Thrivent Financial For Lutherans purchased a new stake in Nu Skin Enterprises in the 1st quarter worth $514,000. New York State Teachers Retirement System lifted its stake in Nu Skin Enterprises by 51.0% in the 1st quarter. New York State Teachers Retirement System now owns 7,400 shares of the company’s stock worth $411,000 after purchasing an additional 2,500 shares in the last quarter. Finally, State Street Corp lifted its stake in Nu Skin Enterprises by 76.7% in the 1st quarter. State Street Corp now owns 1,416,873 shares of the company’s stock worth $78,695,000 after purchasing an additional 614,817 shares in the last quarter. Institutional investors and hedge funds own 80.13% of the company’s stock.
Nu Skin Enterprises Company Profile
Nu Skin Enterprises, Inc is a direct selling company that develops and distributes personal care products and nutritional supplements, and a range of other products and services. The Company offers anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands. The Nu Skin brand offers a range of products, including ageLOC Me customized skin care system, ageLOC Spa systems and ageLOC Transformation anti-aging skin care system.
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