Herbalife (NYSE:HLF) Insider Sells $1,822,257.00 in Stock

Herbalife Ltd (NYSE:HLF) insider Frank Lamberti sold 134,982 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $13.50, for a total transaction of $1,822,257.00. Following the transaction, the insider directly owned 36,624 shares of the company’s stock, valued at $494,424. The trade was a 78.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Frank Lamberti also recently made the following trade(s):

• On Monday, May 11th, Frank Lamberti sold 7,937 shares of Herbalife stock. The stock was sold at an average price of $13.86, for a total transaction of $110,006.82.

Herbalife Stock Performance

NYSE:HLF opened at $13.05 on Friday. The stock has a market capitalization of $1.35 billion, a P/E ratio of 5.72, a PEG ratio of 0.77 and a beta of 0.98. The company has a 50 day moving average price of $15.36 and a 200 day moving average price of $14.45. Herbalife Ltd has a fifty-two week low of $6.63 and a fifty-two week high of $20.40.

Herbalife (NYSE:HLF) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.61 by $0.03. Herbalife had a net margin of 4.67% and a negative return on equity of 41.47%. The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter last year, the company posted $0.59 EPS. The firm’s revenue 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 fiscal year.

Institutional Investors Weigh In On Herbalife

A number of hedge funds and other institutional investors have recently modified their holdings of HLF. AQR Capital Management LLC raised its holdings in shares of Herbalife by 236.8% in the 1st quarter. AQR Capital Management LLC now owns 133,245 shares of the company’s stock valued at $1,150,000 after purchasing an additional 93,686 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Herbalife by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,964 shares of the company’s stock valued at $517,000 after purchasing an additional 2,523 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Herbalife by 12.9% in the 1st quarter. Empowered Funds LLC now owns 30,301 shares of the company’s stock valued at $261,000 after purchasing an additional 3,474 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Herbalife by 3.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 210,904 shares of the company’s stock valued at $1,820,000 after purchasing an additional 6,747 shares in the last quarter. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of Herbalife in the 2nd quarter valued at $118,000.

Analyst Ratings Changes

Several brokerages have commented on HLF. Wall Street Zen raised shares of Herbalife from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th. Zacks Research cut shares of Herbalife from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Weiss Ratings reissued a “hold (c+)” rating on shares of Herbalife in a research report on Friday, May 8th. Royal Bank Of Canada decreased their price target on shares of Herbalife from $17.00 to $16.00 and set a “sector perform” rating for the company in a research report on Tuesday, April 28th. Finally, Citigroup reissued a “buy” rating and issued a $21.00 price target (up from $17.00) on shares of Herbalife in a research report on Thursday, February 19th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Herbalife has an average rating of “Hold” and an average price target 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.