Inspire Investing LLC Purchases 2,250 Shares of Nu Skin Enterprises, Inc. $NUS

Inspire Investing LLC increased its position in Nu Skin Enterprises, Inc. (NYSE:NUS) by 4.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 48,794 shares of the company’s stock after purchasing an additional 2,250 shares during the quarter. Inspire Investing LLC owned approximately 0.10% of Nu Skin Enterprises worth $390,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings 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 valued at $30,006,000 after purchasing an additional 193,038 shares during the period. Prescott Group Capital Management L.L.C. raised its holdings in shares of Nu Skin Enterprises by 142.7% in the 1st quarter. Prescott Group Capital Management L.L.C. now owns 1,394,608 shares of the company’s stock valued at $10,125,000 after purchasing an additional 819,972 shares during the period. Goldman Sachs Group Inc. raised its holdings in 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 valued at $9,582,000 after acquiring an additional 88,088 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Nu Skin Enterprises by 47.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,052,384 shares of the company’s stock valued at $7,640,000 after acquiring an additional 336,807 shares during the period. Finally, American Century Companies Inc. raised its holdings in Nu Skin Enterprises by 15.0% in the 1st quarter. American Century Companies Inc. now owns 948,710 shares of the company’s stock valued at $6,888,000 after acquiring an additional 123,971 shares during the period. 82.84% of the stock is owned by institutional investors.

Nu Skin Enterprises Stock Performance

Shares of NYSE:NUS opened at $10.65 on Wednesday. The company’s 50 day moving average price is $11.53 and its two-hundred day moving average price is $8.89. Nu Skin Enterprises, Inc. has a 12-month low of $5.32 and a 12-month high of $14.62. The firm has a market cap of $527.20 million, a PE ratio of 5.30 and a beta of 0.97. The company has a quick ratio of 1.38, a current ratio of 2.01 and a debt-to-equity ratio of 0.27.

Nu Skin Enterprises (NYSE:NUS) last announced its earnings results on Thursday, August 7th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.18. Nu Skin Enterprises had a net margin of 6.20% and a return on equity of 8.23%. 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. Equities research analysts predict 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 announced a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 29th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Friday, August 29th. Nu Skin Enterprises’s dividend payout ratio is presently 11.94%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Zacks Research raised shares of Nu Skin Enterprises to a “hold” rating in a report on Tuesday, August 12th. Wall Street Zen upgraded Nu Skin Enterprises from a “buy” rating to a “strong-buy” rating in a research note on Sunday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Nu Skin Enterprises in a research note on Wednesday, October 8th. Four research analysts have rated the stock with a Hold rating, According to MarketBeat, Nu Skin Enterprises has a consensus rating of “Hold” and a consensus price target of $6.88.

Insider Buying and Selling

In related news, Director Daniel W. Campbell sold 23,391 shares of the stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $12.10, for a total transaction of $283,031.10. Following the sale, the director owned 53,375 shares in the company, valued at approximately $645,837.50. This trade represents a 30.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Chayce David Clark sold 20,000 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $11.97, for a total transaction of $239,400.00. Following the sale, the executive vice president owned 233,140 shares in the company, valued at $2,790,685.80. This represents a 7.90% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 58,926 shares of company stock worth $711,364. Corporate insiders own 2.00% of the company’s stock.

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.