Insider Selling: Herbalife (NYSE:HLF) COO Sells 10,000 Shares of Stock

Herbalife Ltd (NYSE:HLF) COO Troy Hicks sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $12.32, for a total transaction of $123,200.00. Following the completion of the sale, the chief operating officer directly owned 9,706 shares of the company’s stock, valued at $119,577.92. The trade was a 50.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Troy Hicks also recently made the following trade(s):

• On Monday, May 18th, Troy Hicks sold 38,377 shares of Herbalife stock. The stock was sold at an average price of $12.93, for a total transaction of $496,214.61.

Herbalife Trading Up 3.4%

Shares of HLF traded up $0.42 during mid-day trading on Wednesday, hitting $12.58. The company’s stock had a trading volume of 1,468,403 shares, compared to its average volume of 1,390,377. The company’s 50-day moving average is $15.05 and its 200-day moving average is $14.57. Herbalife Ltd has a 52-week low of $6.63 and a 52-week high of $20.40. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 5.52, a PEG ratio of 0.72 and a beta of 0.98.

Herbalife (NYSE:HLF) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.03. Herbalife had a net margin of 4.67% and a negative return on equity of 41.47%. The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the prior year, the company earned $0.59 EPS. The company’s revenue was up 7.8% compared to the same quarter last year. As a group, sell-side analysts predict that Herbalife Ltd will post 2.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Herbalife

Hedge funds and other institutional investors have recently bought and sold shares of the company. Optimize Financial Inc purchased a new stake in Herbalife during the third quarter valued at approximately $511,000. GSA Capital Partners LLP purchased a new stake in Herbalife during the third quarter valued at approximately $911,000. CenterBook Partners LP purchased a new stake in Herbalife during the third quarter valued at approximately $368,000. Picton Mahoney Asset Management acquired a new position in Herbalife during the 3rd quarter valued at approximately $898,000. Finally, Hussman Strategic Advisors Inc. acquired a new position in Herbalife during the 3rd quarter valued at approximately $532,000.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on HLF shares. Citigroup reaffirmed a “buy” rating and issued a $21.00 price target (up from $17.00) on shares of Herbalife in a research report on Thursday, February 19th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Herbalife in a research report on Friday, May 8th. Royal Bank Of Canada decreased their target price on shares of Herbalife from $17.00 to $16.00 and set a “sector perform” rating for the company in a research report on Tuesday, April 28th. Mizuho set a $17.00 target price on shares of Herbalife in a research report on Monday, May 4th. Finally, Wall Street Zen raised shares of Herbalife from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Herbalife currently has a consensus rating of “Hold” and a consensus target price of $17.80.

Herbalife Company Profile

Herbalife Nutrition Ltd. (NYSE: HLF) operates as a global multi-level marketing company specializing in weight-management, nutritional supplement, sports nutrition and personal care products. Its portfolio includes protein shakes, vitamins, energy and fitness supplements, hydration products and skin and hair care items, all formulated to support wellness, performance and healthy living. Products are manufactured in GMP-certified facilities to ensure consistent quality and safety standards.

Founded in 1980 by Mark R.