Juan Miguel Mendoza Acquires 10,000 Shares of Herbalife Ltd. (NYSE:HLF) Stock

Herbalife Ltd. (NYSE:HLF) Director Juan Miguel Mendoza purchased 10,000 shares of the stock in a transaction that occurred on Monday, September 9th. The stock was bought at an average price of $7.11 per share, with a total value of $71,100.00. Following the completion of the transaction, the director now owns 120,000 shares of the company’s stock, valued at $853,200. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Juan Miguel Mendoza also recently made the following trade(s):

• On Monday, August 26th, Juan Miguel Mendoza bought 10,000 shares of Herbalife stock. The stock was purchased at an average price of $8.72 per share, with a total value of $87,200.00.

Herbalife Price Performance

Shares of NYSE HLF opened at $7.21 on Thursday. Herbalife Ltd. has a 1-year low of $6.68 and a 1-year high of $15.71. The stock has a market capitalization of $720.77 million, a P/E ratio of 5.11 and a beta of 1.21. The business has a fifty day moving average price of $9.71 and a 200 day moving average price of $9.75.

Herbalife (NYSE:HLF) last posted its earnings results on Wednesday, July 31st. The company reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.11. Herbalife had a net margin of 1.63% and a negative return on equity of 18.69%. The company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter in the prior year, the company posted $0.74 earnings per share. Herbalife’s revenue for the quarter was down 2.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Herbalife Ltd. will post 0.9 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Baupost Group LLC MA boosted its holdings in Herbalife by 128.3% in the second quarter. Baupost Group LLC MA now owns 5,124,526 shares of the company’s stock worth $53,244,000 after acquiring an additional 2,879,603 shares in the last quarter. Marshall Wace LLP boosted its stake in Herbalife by 2,053.6% in the 2nd quarter. Marshall Wace LLP now owns 1,977,155 shares of the company’s stock worth $20,543,000 after purchasing an additional 1,885,346 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its position in Herbalife by 3,832.5% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,157,309 shares of the company’s stock worth $11,631,000 after purchasing an additional 1,127,880 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Herbalife by 164.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,288,198 shares of the company’s stock valued at $19,658,000 after purchasing an additional 801,644 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in shares of Herbalife by 11.6% in the second quarter. Renaissance Technologies LLC now owns 6,653,401 shares of the company’s stock worth $69,129,000 after buying an additional 692,800 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on HLF shares. B. Riley upped their price target on shares of Herbalife from $16.00 to $17.00 and gave the company a “buy” rating in a report on Thursday, August 1st. DA Davidson increased their price target on Herbalife from $9.50 to $13.00 and gave the stock a “neutral” rating in a report on Thursday, August 1st. Mizuho raised their price target on Herbalife from $10.00 to $11.00 and gave the stock a “neutral” rating in a research note on Friday, June 7th. Finally, StockNews.com downgraded Herbalife from a “buy” rating to a “hold” rating in a research report on Thursday, September 5th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Herbalife has an average rating of “Hold” and an average price target of $12.33.

About Herbalife

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.