Nu Skin Enterprises (NYSE:NUS) Trading Down 5.6% on Insider Selling

Shares of Nu Skin Enterprises, Inc. (NYSE:NUS) traded down 5.6% on Friday following insider selling activity. The company traded as low as $11.73 and last traded at $11.62. 133,373 shares were traded during mid-day trading, a decline of 79% from the average session volume of 649,191 shares. The stock had previously closed at $12.30.

Specifically, EVP Chayce David Clark sold 20,000 shares of Nu Skin Enterprises stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $11.97, for a total transaction of $239,400.00. Following the completion of the transaction, the executive vice president directly owned 233,140 shares of the company’s stock, valued at approximately $2,790,685.80. This trade represents a 7.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Laura Nathanson sold 6,489 shares of Nu Skin Enterprises stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $12.22, for a total value of $79,295.58. Following the transaction, the director directly owned 33,149 shares of the company’s stock, valued at approximately $405,080.78. The trade was a 16.37% decrease in their ownership of the stock. The disclosure for this sale can be found here.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on NUS shares. Zacks Research raised Nu Skin Enterprises to a “hold” rating in a report on Tuesday, August 12th. Wall Street Zen cut Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a report on Friday. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $6.88.

Nu Skin Enterprises Trading Down 6.9%

The business’s fifty day simple moving average is $9.95 and its 200 day simple moving average is $8.16. The company has a current ratio of 2.01, a quick ratio of 1.38 and a debt-to-equity ratio of 0.27. The stock has a market cap of $567.12 million, a P/E ratio of 5.70 and a beta of 0.92.

Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.18. Nu Skin Enterprises had a net margin of 6.20% and a return on equity of 8.23%. The firm had revenue of $386.14 million for the quarter, compared to analyst estimates of $376.68 million. Nu Skin Enterprises has set its FY 2025 guidance at 1.150-1.350 EPS. As a group, analysts expect that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current year.

Nu Skin Enterprises Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Friday, August 29th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, August 29th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.1%. Nu Skin Enterprises’s payout ratio is presently 11.94%.

Institutional Investors Weigh In On Nu Skin Enterprises

Institutional investors and hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC raised its position in shares of Nu Skin Enterprises by 102.0% during the first quarter. GAMMA Investing LLC now owns 3,498 shares of the company’s stock worth $25,000 after acquiring an additional 1,766 shares during the last quarter. Atlantic Union Bankshares Corp bought a new stake in shares of Nu Skin Enterprises during the second quarter worth $25,000. New York State Teachers Retirement System bought a new stake in shares of Nu Skin Enterprises during the first quarter worth $33,000. Tower Research Capital LLC TRC raised its position in shares of Nu Skin Enterprises by 107.4% during the second quarter. Tower Research Capital LLC TRC now owns 5,048 shares of the company’s stock worth $40,000 after acquiring an additional 2,614 shares during the last quarter. Finally, Public Employees Retirement System of Ohio raised its position in shares of Nu Skin Enterprises by 28.5% during the fourth quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company’s stock worth $55,000 after acquiring an additional 1,768 shares during the last quarter. Institutional investors own 82.84% of the company’s stock.

About Nu Skin Enterprises

Nu Skin Enterprises, Inc, together with its subsidiaries, engages in the development and distribution of various beauty and wellness products worldwide. It offers skin care devices, cosmetics, and other personal care products, including ageLOC LumiSpa and ageLOC LumiSpa iO; and nutricentials skin care products.