Herbalife Ltd (NYSE:HLF – Get Free Report) Director Lynda Cloud bought 17,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The shares were bought at an average price of $8.97 per share, for a total transaction of $152,490.00. Following the completion of the acquisition, the director owned 38,857 shares in the company, valued at approximately $348,547.29. This trade represents a 77.78% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Herbalife Stock Up 24.2%
Shares of NYSE:HLF opened at $11.97 on Friday. Herbalife Ltd has a 52-week low of $5.04 and a 52-week high of $12.03. The company has a 50 day moving average of $8.84 and a two-hundred day moving average of $8.76. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 3.78, a price-to-earnings-growth ratio of 0.24 and a beta of 0.87.
Herbalife (NYSE:HLF – Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.04. The business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. Herbalife had a net margin of 6.59% and a negative return on equity of 27.36%. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.57 earnings per share. Herbalife has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities analysts anticipate that Herbalife Ltd will post 1.57 earnings per share for the current year.
Analysts Set New Price Targets
Get Our Latest Analysis on HLF
Institutional Investors Weigh In On Herbalife
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Tweedy Browne Co LLC grew its position in Herbalife by 104.1% in the 3rd quarter. Tweedy Browne Co LLC now owns 44,136 shares of the company’s stock valued at $373,000 after buying an additional 22,508 shares in the last quarter. Advisory Services Network LLC bought a new position in shares of Herbalife in the third quarter valued at approximately $65,000. PharVision Advisers LLC bought a new position in shares of Herbalife in the third quarter valued at approximately $484,000. XTX Topco Ltd acquired a new position in shares of Herbalife during the third quarter valued at approximately $548,000. Finally, Sherbrooke Park Advisers LLC bought a new stake in Herbalife during the third quarter worth approximately $167,000.
Herbalife Company Profile
Herbalife Ltd. provides health and wellness products in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and the Asia Pacific. It offers products in the areas of weight management; targeted nutrition; energy, sports, and fitness; outer nutrition; and literature and promotional items.
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