Insider Selling: Nu Skin Enterprises, Inc. (NYSE:NUS) Director Sells 1,693 Shares of Stock

Nu Skin Enterprises, Inc. (NYSE:NUS - Get Free Report) Director Emma S. Battle sold 1,693 shares of the company's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $7.73, for a total transaction of $13,086.89. Following the sale, the director now directly owns 17,530 shares in the company, valued at approximately $135,506.90. The trade was a 8.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Nu Skin Enterprises Price Performance

NYSE:NUS traded up $0.19 during mid-day trading on Thursday, hitting $8.08. 393,372 shares of the company's stock traded hands, compared to its average volume of 816,033. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.17 and a current ratio of 1.82. The firm's 50 day simple moving average is $6.92 and its 200 day simple moving average is $7.28. Nu Skin Enterprises, Inc. has a 1 year low of $5.95 and a 1 year high of $14.04. The company has a market cap of $401.51 million, a PE ratio of -2.74 and a beta of 1.17.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.14. Nu Skin Enterprises had a negative net margin of 8.46% and a positive return on equity of 5.86%. The firm had revenue of $445.55 million during the quarter, compared to the consensus estimate of $441.10 million. Sell-side analysts expect that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current year.

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Nu Skin Enterprises Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, February 24th will be given a $0.06 dividend. The ex-dividend date is Monday, February 24th. This represents a $0.24 annualized dividend and a dividend yield of 2.97%. Nu Skin Enterprises's dividend payout ratio is presently -8.14%.

Institutional Investors Weigh In On Nu Skin Enterprises

Several hedge funds have recently modified their holdings of the stock. Creative Planning raised its stake in shares of Nu Skin Enterprises by 43.0% during the third quarter. Creative Planning now owns 41,226 shares of the company's stock valued at $304,000 after purchasing an additional 12,398 shares during the period. Ballentine Partners LLC acquired a new position in shares of Nu Skin Enterprises during the third quarter valued at $133,000. Covestor Ltd boosted its holdings in shares of Nu Skin Enterprises by 110.9% during the third quarter. Covestor Ltd now owns 10,140 shares of the company's stock valued at $75,000 after acquiring an additional 5,333 shares during the period. Versor Investments LP acquired a new position in shares of Nu Skin Enterprises during the third quarter valued at $86,000. Finally, Aigen Investment Management LP acquired a new position in shares of Nu Skin Enterprises during the third quarter valued at $111,000. 82.84% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. DA Davidson lowered their target price on shares of Nu Skin Enterprises from $11.00 to $7.00 and set a "neutral" rating for the company in a report on Friday, December 20th. StockNews.com upgraded shares of Nu Skin Enterprises from a "hold" rating to a "buy" rating in a report on Tuesday.

Nu Skin Enterprises Company Profile

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.