Nu Skin Enterprises, Inc. (NYSE:NUS) Insider Sells $349,426.03 in Stock

Nu Skin Enterprises, Inc. (NYSE:NUS) insider Joseph Y. Chang sold 6,869 shares of the stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $50.87, for a total transaction of $349,426.03. Following the completion of the transaction, the insider now directly owns 24,814 shares of the company’s stock, valued at approximately $1,262,288.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

NUS opened at $50.85 on Friday. The firm’s fifty day moving average is $46.76 and its two-hundred day moving average is $35.21. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.08 and a current ratio of 1.62. The firm has a market cap of $2.56 billion, a PE ratio of 18.57, a price-to-earnings-growth ratio of 2.96 and a beta of 1.39. Nu Skin Enterprises, Inc. has a twelve month low of $12.31 and a twelve month high of $51.95.

Nu Skin Enterprises (NYSE:NUS) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.14. Nu Skin Enterprises had a net margin of 6.33% and a return on equity of 17.60%. The business had revenue of $612.37 million for the quarter, compared to analyst estimates of $606.02 million. Equities analysts forecast that Nu Skin Enterprises, Inc. will post 3.01 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Friday, August 28th were issued a dividend of $0.375 per share. The ex-dividend date was Thursday, August 27th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.95%. Nu Skin Enterprises’s payout ratio is 48.39%.

Several large investors have recently modified their holdings of NUS. Deutsche Bank AG raised its holdings in shares of Nu Skin Enterprises by 1,773.4% during the first quarter. Deutsche Bank AG now owns 778,858 shares of the company’s stock worth $17,019,000 after acquiring an additional 737,284 shares during the period. APG Asset Management N.V. acquired a new stake in shares of Nu Skin Enterprises during the first quarter worth $27,987,000. Nuveen Asset Management LLC raised its holdings in shares of Nu Skin Enterprises by 317.9% during the second quarter. Nuveen Asset Management LLC now owns 453,781 shares of the company’s stock worth $17,348,000 after acquiring an additional 345,187 shares during the period. Intrinsic Edge Capital Management LLC acquired a new stake in shares of Nu Skin Enterprises during the second quarter worth $10,269,000. Finally, Prentice Capital Management LP acquired a new stake in shares of Nu Skin Enterprises during the first quarter worth $5,734,000. Institutional investors and hedge funds own 73.60% of the company’s stock.

Several analysts have recently weighed in on the stock. Tigress Financial reaffirmed a “buy” rating on shares of Nu Skin Enterprises in a report on Friday, May 29th. Jefferies Financial Group raised their price objective on shares of Nu Skin Enterprises from $50.00 to $57.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Citigroup reaffirmed a “hold” rating and set a $41.00 price objective on shares of Nu Skin Enterprises in a report on Tuesday, July 7th. Deutsche Bank increased their price target on shares of Nu Skin Enterprises from $35.00 to $49.00 and gave the company a “hold” rating in a research note on Thursday, August 6th. Finally, TheStreet raised shares of Nu Skin Enterprises from a “c” rating to a “b-” rating in a research note on Wednesday, August 5th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $48.14.

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, 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 and personal care products.

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