Herbalife (NYSE:HLF) Sets New 52-Week High Following Insider Buying Activity

Shares of Herbalife Ltd (NYSE:HLF) reached a new 52-week high on Friday after an insider bought additional shares in the company. The stock traded as high as $10.85 and last traded at $10.8170, with a volume of 1745891 shares changing hands. The stock had previously closed at $9.64.

Specifically, Director Lynda Cloud bought 17,000 shares of the company’s stock in a transaction on 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 completion of the transaction, the director owned 38,857 shares of the company’s stock, valued at approximately $348,547.29. This trade represents a 77.78% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Analyst Ratings Changes

Several brokerages recently issued reports on HLF. Mizuho lifted their target price on Herbalife from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Monday, July 28th. Wall Street Zen cut shares of Herbalife from a “buy” rating to a “hold” rating in a research report on Saturday, November 15th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Herbalife in a research report 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 data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $11.33.

Herbalife Stock Up 14.2%

The stock has a market capitalization of $1.14 billion, a PE ratio of 3.46, a price-to-earnings-growth ratio of 0.24 and a beta of 0.87. The business’s fifty day moving average is $8.79 and its two-hundred day moving average is $8.72.

Herbalife (NYSE:HLF) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.04. The business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Herbalife had a net margin of 6.59% and a negative return on equity of 27.36%. The business’s revenue was up 4.8% on a year-over-year basis. During the same period last year, the company posted $0.57 EPS. Herbalife has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts expect that Herbalife Ltd will post 1.57 EPS for the current fiscal year.

Institutional Trading of Herbalife

A number of institutional investors have recently bought and sold shares of the stock. Cerity Partners LLC bought a new position in Herbalife during the first quarter valued at $108,000. CWM LLC lifted its stake in Herbalife by 199.7% in the first quarter. CWM LLC now owns 7,969 shares of the company’s stock worth $69,000 after purchasing an additional 5,310 shares during the last quarter. Mackenzie Financial Corp boosted its position in shares of Herbalife by 25.8% during the first quarter. Mackenzie Financial Corp now owns 180,520 shares of the company’s stock valued at $1,558,000 after buying an additional 37,003 shares during the period. Harvest Fund Management Co. Ltd bought a new position in shares of Herbalife during the first quarter valued at approximately $147,000. Finally, Vanguard Group Inc. lifted its stake in shares of Herbalife by 10.9% during the 1st quarter. Vanguard Group Inc. now owns 12,495,374 shares of the company’s stock worth $107,835,000 after acquiring an additional 1,223,957 shares during the last quarter.

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.