Gilbert A. Fuller Sells 1,710 Shares of USANA Health Sciences, Inc. (USNA) Stock

USANA Health Sciences, Inc. (NYSE:USNA) Director Gilbert A. Fuller sold 1,710 shares of the firm’s stock in a transaction that occurred on Thursday, October 26th. The shares were sold at an average price of $67.01, for a total transaction of $114,587.10. Following the completion of the transaction, the director now directly owns 1,710 shares in the company, valued at $114,587.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

USANA Health Sciences, Inc. (NYSE USNA) opened at 65.70 on Wednesday. The company has a market capitalization of $1.61 billion, a PE ratio of 17.06 and a beta of 1.09. The firm has a 50-day moving average of $59.88 and a 200-day moving average of $60.81. USANA Health Sciences, Inc. has a 52 week low of $52.55 and a 52 week high of $71.00.

USANA Health Sciences (NYSE:USNA) last announced its quarterly earnings results on Tuesday, October 24th. The company reported $1.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.91 by $0.11. USANA Health Sciences had a net margin of 8.79% and a return on equity of 26.54%. The firm had revenue of $261.77 million during the quarter, compared to analysts’ expectations of $259.52 million. During the same period in the prior year, the company posted $2.40 EPS. The company’s revenue was up 3.0% on a year-over-year basis. Equities analysts expect that USANA Health Sciences, Inc. will post $3.92 earnings per share for the current fiscal year.

USANA Health Sciences announced that its board has authorized a stock buyback program on Tuesday, July 25th that permits the company to buyback $64.60 million in shares. This buyback authorization permits the company to repurchase up to 46% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

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Several institutional investors and hedge funds have recently bought and sold shares of USNA. Victory Capital Management Inc. increased its position in shares of USANA Health Sciences by 124.7% during the first quarter. Victory Capital Management Inc. now owns 2,117 shares of the company’s stock worth $122,000 after buying an additional 1,175 shares during the period. BNP Paribas Arbitrage SA increased its position in shares of USANA Health Sciences by 13.1% during the second quarter. BNP Paribas Arbitrage SA now owns 2,111 shares of the company’s stock worth $135,000 after buying an additional 245 shares during the period. Creative Planning increased its position in shares of USANA Health Sciences by 528.0% during the second quarter. Creative Planning now owns 2,512 shares of the company’s stock worth $161,000 after buying an additional 2,112 shares during the period. SG Americas Securities LLC acquired a new stake in shares of USANA Health Sciences during the second quarter worth $162,000. Finally, Eqis Capital Management Inc. acquired a new stake in shares of USANA Health Sciences during the second quarter worth $210,000. Institutional investors own 44.62% of the company’s stock.

USNA has been the topic of a number of recent research reports. BidaskClub cut shares of USANA Health Sciences from a “hold” rating to a “sell” rating in a research note on Sunday, July 16th. Pivotal Research reduced their price objective on shares of USANA Health Sciences from $75.00 to $70.00 and set a “buy” rating on the stock in a research note on Wednesday, July 26th.

About USANA Health Sciences

USANA Health Sciences, Inc develops and manufactures science-based nutritional and personal care products. The Company operates as a direct selling company in two geographic regions: Americas and Europe, and Asia Pacific, which includes three sub-regions: Southeast Asia Pacific, Greater China and North Asia.

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