Herbalife Ltd (NYSE:HLF – Get Free Report) saw unusually large options trading activity on Monday. Stock traders acquired 11,789 call options on the company. This is an increase of approximately 332% compared to the typical daily volume of 2,730 call options.
Insider Buying and Selling at Herbalife
In related news, Director Lynda Cloud acquired 17,000 shares of Herbalife stock in a transaction dated Tuesday, November 18th. The stock was acquired at an average price of $8.97 per share, for a total transaction of $152,490.00. Following the transaction, the director owned 38,857 shares of the company’s stock, valued at $348,547.29. This represents a 77.78% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.73% of the company’s stock.
Institutional Trading of Herbalife
Hedge funds have recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC acquired a new position in shares of Herbalife in the second quarter valued at approximately $29,000. Aster Capital Management DIFC Ltd purchased a new position in Herbalife in the 3rd quarter valued at $35,000. Caitong International Asset Management Co. Ltd increased its stake in Herbalife by 4,406.4% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 4,912 shares of the company’s stock valued at $42,000 after buying an additional 4,803 shares during the period. GAMMA Investing LLC increased its stake in Herbalife by 115.6% in the 3rd quarter. GAMMA Investing LLC now owns 7,024 shares of the company’s stock valued at $59,000 after buying an additional 3,766 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in shares of Herbalife in the 3rd quarter worth $65,000.
Herbalife Stock Performance
Herbalife (NYSE:HLF – Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.04. Herbalife had a net margin of 6.59% and a negative return on equity of 27.36%. The business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same period in the prior year, the company earned $0.57 earnings per share. The business’s revenue was up 4.8% compared to the same quarter last year. Herbalife has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities research analysts forecast that Herbalife will post 1.57 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts recently commented on the stock. Wall Street Zen lowered shares of Herbalife from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th. Mizuho lifted their target price on Herbalife from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Monday, July 28th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Herbalife in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Herbalife presently has an average rating of “Moderate Buy” and an average target price of $11.33.
Get Our Latest Research Report on Herbalife
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.
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