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

Nu Skin Enterprises, Inc. (NYSE:NUS) fell 5.6% during mid-day trading on Friday after an insider sold shares in the company. 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 the stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $11.97, for a total transaction of $239,400.00. Following the transaction, the executive vice president owned 233,140 shares of the company’s stock, valued at approximately $2,790,685.80. This represents a 7.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Laura Nathanson sold 6,489 shares of the stock in a transaction dated 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 in the company, valued at approximately $405,080.78. This represents a 16.37% decrease in their position. The disclosure for this sale can be found here.

Analyst Ratings Changes

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

Nu Skin Enterprises Price Performance

The stock has a market cap of $567.12 million, a price-to-earnings ratio of 5.70 and a beta of 0.92. The stock has a fifty day simple moving average of $9.95 and a 200-day simple moving average of $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.

Nu Skin Enterprises (NYSE:NUS) last released its earnings results on Thursday, August 7th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.18. Nu Skin Enterprises had a return on equity of 8.23% and a net margin of 6.20%.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, equities research 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 disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Friday, August 29th will be given a $0.06 dividend. 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 dividend payout ratio (DPR) is currently 11.94%.

Institutional Trading of Nu Skin Enterprises

A number of hedge funds have recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Nu Skin Enterprises by 4.9% in the 1st quarter. Vanguard Group Inc. now owns 4,133,109 shares of the company’s stock worth $30,006,000 after acquiring an additional 193,038 shares during the period. D. E. Shaw & Co. Inc. lifted its position in shares of Nu Skin Enterprises by 15.5% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 2,251,352 shares of the company’s stock worth $15,512,000 after acquiring an additional 301,295 shares during the period. Prescott Group Capital Management L.L.C. lifted its position in shares of Nu Skin Enterprises by 24.4% in the 2nd quarter. Prescott Group Capital Management L.L.C. now owns 1,734,608 shares of the company’s stock worth $13,860,000 after acquiring an additional 340,000 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Nu Skin Enterprises by 7.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,319,885 shares of the company’s stock worth $9,582,000 after acquiring an additional 88,088 shares during the period. Finally, American Century Companies Inc. lifted its position in shares of Nu Skin Enterprises by 28.9% in the 2nd quarter. American Century Companies Inc. now owns 1,222,833 shares of the company’s stock worth $9,770,000 after acquiring an additional 274,123 shares during the period. 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.