Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos Buys 45,000 Shares of Stock

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos purchased 45,000 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was bought at an average cost of $16.26 per share, with a total value of $731,700.00. Following the completion of the acquisition, the chairman owned 20,323,497 shares of the company’s stock, valued at approximately $330,460,061.22. The trade was a 0.22% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Luis Campos also recently made the following trade(s):

• On Wednesday, September 16th, Luis Campos acquired 35,000 shares of Betterware de Mexico SAPI de C stock. The stock was bought at an average price of $16.44 per share, for a total transaction of $575,400.00.
• On Tuesday, August 4th, Luis Campos acquired 21,829 shares of Betterware de Mexico SAPI de C stock. The shares were bought at an average price of $17.00 per share, with a total value of $371,093.00.
• On Monday, August 3rd, Luis Campos acquired 3,186 shares of Betterware de Mexico SAPI de C stock. The shares were bought at an average price of $17.00 per share, with a total value of $54,162.00.
• On Friday, July 31st, Luis Campos bought 3,917 shares of Betterware de Mexico SAPI de C stock. The stock was purchased at an average cost of $16.93 per share, with a total value of $66,314.81.
• On Monday, July 27th, Luis Campos bought 46,830 shares of Betterware de Mexico SAPI de C stock. The stock was purchased at an average price of $16.41 per share, for a total transaction of $768,480.30.

Betterware de Mexico SAPI de C Price Performance

NYSE:BWMX opened at $15.99 on Friday. Betterware de Mexico SAPI de C has a 12-month low of $12.34 and a 12-month high of $19.79. The firm has a market cap of $631.64 million, a price-to-earnings ratio of 8.74 and a beta of 1.04. The company’s 50-day moving average is $16.60 and its two-hundred day moving average is $17.16. The company has a current ratio of 1.11, a quick ratio of 0.57 and a debt-to-equity ratio of 2.96.

Betterware de Mexico SAPI de C (NYSE:BWMX) last issued its quarterly earnings results on Wednesday, July 1st. The company reported $0.57 EPS for the quarter. The business had revenue of $237.83 million during the quarter. Betterware de Mexico SAPI de C had a net margin of 8.35% and a return on equity of 77.89%. Research analysts expect that Betterware de Mexico SAPI de C will post 2.5 EPS for the current year.

Betterware de Mexico SAPI de C Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th were paid a $0.3252 dividend. This represents a $1.30 annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend was Thursday, August 6th. This is an increase from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. Betterware de Mexico SAPI de C’s dividend payout ratio is presently 71.04%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BWMX. Public Employees Retirement System of Ohio purchased a new stake in Betterware de Mexico SAPI de C in the first quarter valued at approximately $29,000. Confluence Investment Management LLC raised its stake in Betterware de Mexico SAPI de C by 17.1% during the second quarter. Confluence Investment Management LLC now owns 12,096 shares of the company’s stock worth $218,000 after purchasing an additional 1,768 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of Betterware de Mexico SAPI de C by 88,706.7% in the 1st quarter. NewEdge Advisors LLC now owns 13,321 shares of the company’s stock valued at $225,000 after purchasing an additional 13,306 shares during the last quarter. Sei Investments Co. acquired a new position in shares of Betterware de Mexico SAPI de C in the 1st quarter valued at $613,000. Finally, Lazard Asset Management LLC acquired a new position in shares of Betterware de Mexico SAPI de C in the 1st quarter valued at $785,000. 12.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BWMX has been the subject of several analyst reports. Wall Street Zen upgraded Betterware de Mexico SAPI de C from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 5th. Weiss Ratings restated a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a report on Tuesday, September 1st. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Betterware de Mexico SAPI de C currently has an average rating of “Hold”.

Betterware de Mexico SAPI de C Company Profile

Betterware de México, SAP.I. de C.V. is a Mexico-based direct-to-consumer company that develops, markets and distributes products designed to improve household organization and everyday living. Its product portfolio has included storage and organization solutions, kitchen and cleaning products, home accessories, personal-care items and other consumer goods.

The company primarily reaches customers through an independent sales force and catalog- and digitally supported direct-selling channels.