Stock Traders Purchase Large Volume of Herbalife Call Options (NYSE:HLF)

Herbalife Ltd (NYSE:HLF) saw unusually large options trading activity on Monday. Investors acquired 11,789 call options on the stock. This is an increase of approximately 332% compared to the average daily volume of 2,730 call options.

Wall Street Analysts Forecast Growth

HLF has been the topic of a number of research analyst reports. Mizuho boosted their target price on Herbalife from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Monday, July 28th. Wall Street Zen downgraded Herbalife from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Herbalife in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $11.33.

Insider Buying and Selling at Herbalife

In related news, Director Lynda Cloud purchased 17,000 shares of Herbalife stock in a transaction dated Tuesday, November 18th. The shares were acquired at an average cost of $8.97 per share, with a total value of $152,490.00. Following the purchase, the director owned 38,857 shares of the company’s stock, valued at approximately $348,547.29. The trade was a 77.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.73% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in HLF. The Manufacturers Life Insurance Company raised its holdings in shares of Herbalife by 3.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 36,642 shares of the company’s stock valued at $316,000 after purchasing an additional 1,217 shares in the last quarter. Harbor Capital Advisors Inc. raised its stake in Herbalife by 3.1% in the second quarter. Harbor Capital Advisors Inc. now owns 50,300 shares of the company’s stock valued at $434,000 after buying an additional 1,524 shares in the last quarter. Avaii Wealth Management LLC lifted its holdings in Herbalife by 2.7% during the 2nd quarter. Avaii Wealth Management LLC now owns 62,480 shares of the company’s stock worth $539,000 after buying an additional 1,644 shares during the last quarter. SummerHaven Investment Management LLC boosted its position in shares of Herbalife by 2.7% during the 2nd quarter. SummerHaven Investment Management LLC now owns 82,537 shares of the company’s stock worth $711,000 after acquiring an additional 2,135 shares in the last quarter. Finally, Savant Capital LLC increased its holdings in shares of Herbalife by 14.5% in the 2nd quarter. Savant Capital LLC now owns 17,385 shares of the company’s stock valued at $150,000 after acquiring an additional 2,204 shares during the last quarter.

Herbalife Stock Performance

Shares of Herbalife stock traded down $0.08 during trading hours on Monday, reaching $11.92. 945,390 shares of the company were exchanged, compared to its average volume of 1,997,570. The firm has a market cap of $1.23 billion, a PE ratio of 3.75, a PEG ratio of 0.24 and a beta of 0.87. Herbalife has a 1 year low of $5.04 and a 1 year high of $12.14. The stock’s fifty day moving average is $8.84 and its 200 day moving average is $8.78.

Herbalife (NYSE:HLF) last released its earnings results on Wednesday, November 5th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.04. Herbalife had a negative return on equity of 27.36% and a net margin of 6.59%.The firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period last year, the business posted $0.57 earnings per share. Herbalife’s revenue was up 4.8% compared to the same quarter last year. Herbalife has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Research analysts expect that Herbalife will post 1.57 earnings per share for the current year.

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.