Nu Skin Enterprises, Inc. (NUS) Chairman Sells $7,440,562.92 in Stock

Nu Skin Enterprises, Inc. (NYSE:NUS) Chairman Steven Lund sold 108,132 shares of the firm’s stock in a transaction dated Friday, December 22nd. The stock was sold at an average price of $68.81, for a total transaction of $7,440,562.92. Following the sale, the chairman now owns 4,769 shares of the company’s stock, valued at $328,154.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Steven Lund also recently made the following trade(s):

  • On Wednesday, December 20th, Steven Lund sold 42,000 shares of Nu Skin Enterprises stock. The stock was sold at an average price of $68.11, for a total transaction of $2,860,620.00.

Shares of Nu Skin Enterprises, Inc. (NYSE:NUS) traded up $2.10 on Friday, hitting $69.97. 530,913 shares of the company’s stock were exchanged, compared to its average volume of 648,663. Nu Skin Enterprises, Inc. has a 1-year low of $47.10 and a 1-year high of $70.27. The firm has a market capitalization of $3,593.89, a PE ratio of 25.63, a PEG ratio of 2.48 and a beta of 1.57. The company has a current ratio of 1.78, a quick ratio of 1.18 and a debt-to-equity ratio of 0.44.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings data on Wednesday, November 1st. The company reported $0.76 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.76. Nu Skin Enterprises had a net margin of 6.97% and a return on equity of 22.38%. The business had revenue of $563.70 million during the quarter, compared to analyst estimates of $562.70 million. During the same quarter last year, the firm posted $0.98 earnings per share. The business’s revenue for the quarter was down 6.7% compared to the same quarter last year. equities analysts forecast that Nu Skin Enterprises, Inc. will post 3.23 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 6th. Stockholders of record on Friday, November 17th were paid a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend was Thursday, November 16th. Nu Skin Enterprises’s payout ratio is 52.75%.

Several research firms recently issued reports on NUS. Zacks Investment Research cut shares of Nu Skin Enterprises from a “hold” rating to a “sell” rating in a research report on Wednesday. ValuEngine upgraded shares of Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research report on Tuesday, November 14th. Three 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. Nu Skin Enterprises has a consensus rating of “Hold” and a consensus target price of $62.00.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. American Century Companies Inc. lifted its stake in Nu Skin Enterprises by 14.2% in the second quarter. American Century Companies Inc. now owns 427,158 shares of the company’s stock worth $26,843,000 after acquiring an additional 53,128 shares during the last quarter. Trexquant Investment LP purchased a new stake in shares of Nu Skin Enterprises in the 3rd quarter worth about $455,000. Jensen Investment Management Inc. lifted its holdings in Nu Skin Enterprises by 24.3% in the 2nd quarter. Jensen Investment Management Inc. now owns 11,010 shares of the company’s stock valued at $692,000 after purchasing an additional 2,150 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Nu Skin Enterprises by 22.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 885,257 shares of the company’s stock valued at $55,628,000 after purchasing an additional 160,495 shares in the last quarter. Finally, Convergence Investment Partners LLC lifted its holdings in Nu Skin Enterprises by 14.2% in the 3rd quarter. Convergence Investment Partners LLC now owns 65,602 shares of the company’s stock valued at $4,033,000 after purchasing an additional 8,134 shares in the last quarter. 77.50% of the stock is owned by institutional investors and hedge funds.

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About Nu Skin Enterprises

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.

Insider Buying and Selling by Quarter for Nu Skin Enterprises (NYSE:NUS)

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