Nu Skin Enterprises, Inc. $NUS Stake Cut by Inspire Investing LLC

Inspire Investing LLC reduced its stake in shares of Nu Skin Enterprises, Inc. (NYSE:NUS) by 28.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 46,544 shares of the company’s stock after selling 18,874 shares during the quarter. Inspire Investing LLC owned approximately 0.09% of Nu Skin Enterprises worth $338,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in shares of Nu Skin Enterprises by 102.0% during the 1st quarter. GAMMA Investing LLC now owns 3,498 shares of the company’s stock valued at $25,000 after buying an additional 1,766 shares during the last quarter. New York State Teachers Retirement System bought a new stake in Nu Skin Enterprises in the first quarter worth approximately $33,000. Public Employees Retirement System of Ohio increased its stake in shares of Nu Skin Enterprises by 28.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company’s stock worth $55,000 after purchasing an additional 1,768 shares during the last quarter. Harbor Capital Advisors Inc. raised its holdings in shares of Nu Skin Enterprises by 2,542.6% during the 1st quarter. Harbor Capital Advisors Inc. now owns 9,117 shares of the company’s stock valued at $66,000 after purchasing an additional 8,772 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Nu Skin Enterprises in the 1st quarter valued at $73,000. Institutional investors and hedge funds own 82.84% of the company’s stock.

Insider Transactions at Nu Skin Enterprises

In other news, Director Laura Nathanson sold 6,489 shares of Nu Skin Enterprises stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $12.22, for a total transaction of $79,295.58. Following the sale, the director directly owned 33,149 shares in the company, valued at approximately $405,080.78. The trade was a 16.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Daniel W. Campbell sold 23,391 shares of Nu Skin Enterprises stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $12.10, for a total value of $283,031.10. Following the sale, the director directly owned 53,375 shares in the company, valued at $645,837.50. The trade was a 30.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 58,926 shares of company stock valued at $711,364. Company insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on NUS. Zacks Research upgraded Nu Skin Enterprises to a “hold” rating in a report on Tuesday, August 12th. Wall Street Zen lowered shares of Nu Skin Enterprises from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 5th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $6.88.

Nu Skin Enterprises Price Performance

NYSE:NUS opened at $11.84 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.01 and a quick ratio of 1.38. Nu Skin Enterprises, Inc. has a one year low of $5.32 and a one year high of $12.40. The company has a fifty day moving average price of $10.41 and a 200 day moving average price of $8.38. The stock has a market cap of $586.08 million, a P/E ratio of 5.89 and a beta of 0.92.

Nu Skin Enterprises (NYSE:NUS) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.18. The company had revenue of $386.14 million during the quarter, compared to the consensus estimate of $376.68 million. Nu Skin Enterprises had a return on equity of 8.23% and a net margin of 6.20%. Nu Skin Enterprises has set its FY 2025 guidance at 1.150-1.350 EPS. Analysts anticipate that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current year.

Nu Skin Enterprises Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 29th were paid a $0.06 dividend. The ex-dividend date was Friday, August 29th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.0%. Nu Skin Enterprises’s dividend payout ratio is currently 11.94%.

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.