Troy Hicks Sells 10,000 Shares of Herbalife (NYSE:HLF) Stock

Herbalife Ltd (NYSE:HLF) COO Troy Hicks sold 10,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $12.32, for a total transaction of $123,200.00. Following the transaction, the chief operating officer owned 9,706 shares of the company’s stock, valued at $119,577.92. This represents a 50.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Troy Hicks also recently made the following trade(s):

• On Monday, May 18th, Troy Hicks sold 38,377 shares of Herbalife stock. The stock was sold at an average price of $12.93, for a total transaction of $496,214.61.

Herbalife Stock Performance

NYSE:HLF opened at $12.69 on Friday. Herbalife Ltd has a fifty-two week low of $6.63 and a fifty-two week high of $20.40. The stock has a market capitalization of $1.32 billion, a PE ratio of 5.56, a P/E/G ratio of 0.75 and a beta of 0.98. The company has a fifty day moving average of $14.98 and a two-hundred day moving average of $14.61.

Herbalife (NYSE:HLF) last released its earnings results on Wednesday, May 6th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. Herbalife had a net margin of 4.67% and a negative return on equity of 41.47%. The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the prior year, the firm earned $0.59 earnings per share. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. Research analysts forecast that Herbalife Ltd will post 2.47 earnings per share for the current year.

Institutional Investors Weigh In On Herbalife

Hedge funds have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Herbalife in the fourth quarter valued at about $32,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Herbalife in the third quarter valued at about $35,000. KBC Group NV purchased a new stake in shares of Herbalife in the first quarter valued at about $44,000. Advisory Services Network LLC purchased a new stake in shares of Herbalife in the third quarter valued at about $65,000. Finally, Quarry LP grew its holdings in shares of Herbalife by 49,105.3% in the third quarter. Quarry LP now owns 9,349 shares of the company’s stock valued at $79,000 after purchasing an additional 9,330 shares during the period.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Royal Bank Of Canada dropped their target price on shares of Herbalife from $17.00 to $16.00 and set a “sector perform” rating for the company in a report on Tuesday, April 28th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Herbalife in a report on Friday, May 8th. Citigroup reaffirmed a “buy” rating and set a $21.00 target price (up from $17.00) on shares of Herbalife in a report on Thursday, February 19th. Wall Street Zen raised shares of Herbalife from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Finally, Zacks Research lowered shares of Herbalife from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $17.80.

Herbalife Company Profile

Herbalife Nutrition Ltd. (NYSE: HLF) operates as a global multi-level marketing company specializing in weight-management, nutritional supplement, sports nutrition and personal care products. Its portfolio includes protein shakes, vitamins, energy and fitness supplements, hydration products and skin and hair care items, all formulated to support wellness, performance and healthy living. Products are manufactured in GMP-certified facilities to ensure consistent quality and safety standards.

Founded in 1980 by Mark R.