Insider Selling: Nu Skin Enterprises, Inc. (NUS) General Counsel Sells 2,500 Shares of Stock

Nu Skin Enterprises, Inc. (NYSE:NUS) General Counsel D Matthew Dorny sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, December 3rd. The shares were sold at an average price of $67.53, for a total value of $168,825.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

D Matthew Dorny also recently made the following trade(s):

  • On Monday, November 12th, D Matthew Dorny sold 2,500 shares of Nu Skin Enterprises stock. The shares were sold at an average price of $65.34, for a total value of $163,350.00.
  • On Monday, October 1st, D Matthew Dorny sold 2,500 shares of Nu Skin Enterprises stock. The shares were sold at an average price of $82.18, for a total value of $205,450.00.

Shares of NYSE:NUS opened at $63.79 on Friday. The firm has a market cap of $3.60 billion, a price-to-earnings ratio of 19.75, a P/E/G ratio of 1.64 and a beta of 0.99. Nu Skin Enterprises, Inc. has a 12-month low of $60.60 and a 12-month high of $88.68. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.93 and a quick ratio of 1.25.

Nu Skin Enterprises (NYSE:NUS) last announced its quarterly earnings data on Wednesday, November 7th. The company reported $0.94 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.96 by ($0.02). The company had revenue of $675.31 million for the quarter, compared to analysts’ expectations of $664.99 million. Nu Skin Enterprises had a net margin of 5.93% and a return on equity of 27.50%. The firm’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.76 EPS. As a group, research analysts anticipate that Nu Skin Enterprises, Inc. will post 3.51 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 12th. Shareholders of record on Friday, November 30th will be paid a dividend of $0.365 per share. This represents a $1.46 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend is Thursday, November 29th. Nu Skin Enterprises’s payout ratio is 45.20%.

A number of research analysts have issued reports on the company. Jefferies Financial Group reiterated a “buy” rating and set a $98.00 price objective on shares of Nu Skin Enterprises in a research note on Tuesday, September 4th. Zacks Investment Research cut Nu Skin Enterprises from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 8th. DA Davidson assumed coverage on Nu Skin Enterprises in a research note on Tuesday, October 9th. They set a “buy” rating and a $92.00 price objective for the company. Tigress Financial reiterated a “buy” rating on shares of Nu Skin Enterprises in a research note on Wednesday, November 21st. Finally, Citigroup set a $88.00 price objective on Nu Skin Enterprises and gave the company a “buy” rating in a research note on Thursday, November 8th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. Nu Skin Enterprises has a consensus rating of “Hold” and a consensus price target of $83.63.

Several institutional investors have recently bought and sold shares of the business. BlackRock Inc. increased its holdings in shares of Nu Skin Enterprises by 11.5% in the 2nd quarter. BlackRock Inc. now owns 6,143,407 shares of the company’s stock worth $480,352,000 after purchasing an additional 635,246 shares in the last quarter. William Blair Investment Management LLC increased its holdings in shares of Nu Skin Enterprises by 6.8% in the 3rd quarter. William Blair Investment Management LLC now owns 1,263,139 shares of the company’s stock worth $104,108,000 after purchasing an additional 80,117 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Nu Skin Enterprises by 0.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 820,216 shares of the company’s stock worth $67,601,000 after purchasing an additional 3,213 shares in the last quarter. Renaissance Technologies LLC increased its holdings in shares of Nu Skin Enterprises by 51.1% in the 2nd quarter. Renaissance Technologies LLC now owns 814,000 shares of the company’s stock worth $63,647,000 after purchasing an additional 275,200 shares in the last quarter. Finally, MERIAN GLOBAL INVESTORS UK Ltd increased its holdings in shares of Nu Skin Enterprises by 4.2% in the 3rd quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 746,830 shares of the company’s stock worth $61,553,000 after purchasing an additional 29,880 shares in the last quarter. 74.66% of the stock is owned by institutional investors and hedge funds.

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Nu Skin Enterprises Company Profile

Nu Skin Enterprises, Inc develops and distributes anti-aging personal care products and nutritional supplements under the Nu Skin and Pharmanex category brands worldwide. It provides skin care systems and targeted treatment products, including ageLOC Me customized skin care systems, ageLOC Spa systems, and ageLOC LumiSpa skin treatment and cleansing devices; and Epoch products, as well as a range of other cosmetic, personal care, and hair care products.

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