Nu Skin Enterprises (NUS) Chairman Sells $6,075,000.00 in Stock

Nu Skin Enterprises (NYSE:NUS) Chairman Steven Lund sold 81,000 shares of the stock in a transaction on Wednesday, April 4th. The stock was sold at an average price of $75.00, for a total value of $6,075,000.00. Following the transaction, the chairman now owns 4,769 shares of the company’s stock, valued at $357,675. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

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  • On Friday, January 19th, Steven Lund sold 13,978 shares of Nu Skin Enterprises stock. The stock was sold at an average price of $70.01, for a total value of $978,599.78.
  • On Monday, January 22nd, Steven Lund sold 22,891 shares of Nu Skin Enterprises stock. The shares were sold at an average price of $70.08, for a total value of $1,604,201.28.

NUS stock opened at $73.10 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.17 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $3,949.92, a price-to-earnings ratio of 22.63, a P/E/G ratio of 2.08 and a beta of 1.36. Nu Skin Enterprises has a 1 year low of $52.88 and a 1 year high of $75.82.

Nu Skin Enterprises (NYSE:NUS) last posted its quarterly earnings results on Thursday, February 15th. The company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.01. The company had revenue of $666.20 million for the quarter, compared to analyst estimates of $667.39 million. Nu Skin Enterprises had a return on equity of 25.23% and a net margin of 5.68%. Nu Skin Enterprises’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.79 EPS. equities analysts forecast that Nu Skin Enterprises will post 3.56 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 14th. Shareholders of record on Monday, February 26th were given a $0.365 dividend. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $1.46 dividend on an annualized basis and a yield of 2.00%. This is a positive change from Nu Skin Enterprises’s previous quarterly dividend of $0.36. Nu Skin Enterprises’s dividend payout ratio (DPR) is currently 45.20%.

NUS has been the subject of a number of research analyst reports. Deutsche Bank raised their target price on Nu Skin Enterprises from $75.00 to $77.00 and gave the company a “buy” rating in a report on Friday, February 16th. ValuEngine upgraded Nu Skin Enterprises from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Zacks Investment Research upgraded Nu Skin Enterprises from a “sell” rating to a “hold” rating and set a $78.00 target price for the company in a report on Saturday, December 30th. Citigroup restated a “buy” rating and set a $81.00 target price (up from $70.00) on shares of Nu Skin Enterprises in a report on Tuesday, January 23rd. Finally, Stifel Nicolaus raised their target price on Nu Skin Enterprises from $50.00 to $57.00 and gave the company a “sell” rating in a report on Friday, February 16th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $71.29.

A number of hedge funds have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Nu Skin Enterprises by 38.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,082 shares of the company’s stock valued at $210,000 after purchasing an additional 858 shares in the last quarter. Meeder Asset Management Inc. raised its position in Nu Skin Enterprises by 7.9% in the 4th quarter. Meeder Asset Management Inc. now owns 12,830 shares of the company’s stock valued at $875,000 after purchasing an additional 939 shares in the last quarter. TD Asset Management Inc. raised its position in Nu Skin Enterprises by 5.1% in the 3rd quarter. TD Asset Management Inc. now owns 20,892 shares of the company’s stock valued at $1,284,000 after purchasing an additional 1,020 shares in the last quarter. Bank of Montreal Can raised its position in Nu Skin Enterprises by 12.0% in the 4th quarter. Bank of Montreal Can now owns 9,680 shares of the company’s stock valued at $660,000 after purchasing an additional 1,034 shares in the last quarter. Finally, KBC Group NV raised its position in Nu Skin Enterprises by 28.2% in the 4th quarter. KBC Group NV now owns 6,820 shares of the company’s stock valued at $465,000 after purchasing an additional 1,500 shares in the last quarter. 76.48% of the stock is currently owned by institutional investors.

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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.

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

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