Mannatech, Incorporated (MTEX) Director Larry A. Jobe Sells 1,500 Shares of Stock

Mannatech, Incorporated (NASDAQ:MTEX) Director Larry A. Jobe sold 1,500 shares of the stock in a transaction on Monday, November 13th. The stock was sold at an average price of $14.18, for a total value of $21,270.00. Following the completion of the sale, the director now directly owns 52,500 shares in the company, valued at $744,450. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Mannatech, Incorporated (MTEX) traded up $0.07 during midday trading on Wednesday, hitting $14.25. The stock had a trading volume of 2,200 shares, compared to its average volume of 4,167. Mannatech, Incorporated has a 52-week low of $12.51 and a 52-week high of $23.80. The stock has a market capitalization of $38.77, a PE ratio of 52.52 and a beta of 1.14. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.33 and a current ratio of 1.63.

Mannatech, (NASDAQ:MTEX) last released its earnings results on Tuesday, November 7th. The company reported $0.50 EPS for the quarter. Mannatech, had a return on equity of 2.05% and a net margin of 0.48%. The firm had revenue of $42.00 million for the quarter.

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A hedge fund recently bought a new stake in Mannatech, stock. Northern Trust Corp bought a new position in Mannatech, Incorporated (NASDAQ:MTEX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,168 shares of the company’s stock, valued at approximately $158,000. Northern Trust Corp owned about 0.38% of Mannatech, at the end of the most recent quarter. Institutional investors own 19.47% of the company’s stock.

About Mannatech,

Mannatech, Incorporated is a wellness solution provider. The Company develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products. The Company operates through the segment of sale of nutritional supplements, skin care and anti-aging products, and weight management and fitness products through network marketing distribution channels in approximately 20 countries.

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