Insider Selling: Nu Skin Enterprises, Inc. (NUS) Chairman Sells 8,977 Shares of Stock

Nu Skin Enterprises, Inc. (NYSE:NUS) Chairman Steven Lund sold 8,977 shares of the company’s stock in a transaction that occurred on Wednesday, December 27th. The shares were sold at an average price of $70.04, for a total value of $628,749.08. Following the completion of the transaction, the chairman now owns 4,769 shares in the company, valued at approximately $334,020.76. The transaction was disclosed in a filing 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 value of $2,860,620.00.
  • On Friday, December 22nd, Steven Lund sold 108,132 shares of Nu Skin Enterprises stock. The stock was sold at an average price of $68.81, for a total value of $7,440,562.92.

Nu Skin Enterprises, Inc. (NUS) traded down $0.42 on Thursday, reaching $69.51. The company had a trading volume of 166,600 shares, compared to its average volume of 644,856. The company has a market capitalization of $3,680.00, a PE ratio of 25.46, a PEG ratio of 2.54 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, Inc. has a 1-year low of $47.10 and a 1-year high of $70.27.

Nu Skin Enterprises (NYSE:NUS) last released its earnings results on Wednesday, November 1st. The company reported $0.76 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.76. The business had revenue of $563.70 million for the quarter, compared to analysts’ expectations of $562.70 million. Nu Skin Enterprises had a return on equity of 22.38% and a net margin of 6.97%. The firm’s revenue was down 6.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.98 earnings per share. equities research analysts predict that Nu Skin Enterprises, Inc. will post 3.23 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 6th. Stockholders of record on Friday, November 17th were paid a dividend of $0.36 per share. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.07%. Nu Skin Enterprises’s dividend payout ratio (DPR) is currently 52.75%.

Several equities research analysts have issued reports on NUS shares. ValuEngine upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a research report on Tuesday, November 14th. Zacks Investment Research downgraded Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research report on Thursday, October 5th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $62.00.

Several large investors have recently made changes to their positions in NUS. US Bancorp DE grew its stake in shares of Nu Skin Enterprises by 3.3% during the second quarter. US Bancorp DE now owns 2,032 shares of the company’s stock valued at $128,000 after buying an additional 65 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in shares of Nu Skin Enterprises by 2.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 301,823 shares of the company’s stock worth $18,967,000 after purchasing an additional 5,848 shares during the period. SG Americas Securities LLC boosted its holdings in shares of Nu Skin Enterprises by 52.8% during the second quarter. SG Americas Securities LLC now owns 23,309 shares of the company’s stock worth $1,465,000 after purchasing an additional 8,058 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Nu Skin Enterprises by 22.1% during the second quarter. Bank of New York Mellon Corp now owns 885,257 shares of the company’s stock worth $55,628,000 after purchasing an additional 160,495 shares during the period. Finally, Legal & General Group Plc boosted its holdings in shares of Nu Skin Enterprises by 9.4% during the second quarter. Legal & General Group Plc now owns 71,286 shares of the company’s stock worth $4,479,000 after purchasing an additional 6,128 shares during the period. 77.50% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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