Betterware de Mexico SAPI de C (NYSE:BWMX – Get Free Report) Chairman Luis Campos acquired 21,829 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was acquired at an average cost of $17.00 per share, for a total transaction of $371,093.00. Following the completion of the acquisition, the chairman owned 20,278,497 shares of the company’s stock, valued at $344,734,449. This trade represents a 0.11% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Luis Campos also recently made the following trade(s):
- On Monday, August 3rd, Luis Campos bought 3,186 shares of Betterware de Mexico SAPI de C stock. The shares were acquired at an average cost 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 shares were acquired at an average price of $16.93 per share, for a total transaction of $66,314.81.
- On Monday, July 27th, Luis Campos purchased 46,830 shares of Betterware de Mexico SAPI de C stock. The stock was bought at an average cost of $16.41 per share, for a total transaction of $768,480.30.
Betterware de Mexico SAPI de C Price Performance
NYSE BWMX traded down $0.58 on Monday, hitting $16.14. The company had a trading volume of 122,425 shares, compared to its average volume of 97,040. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.11 and a quick ratio of 0.57. The company’s fifty day moving average price is $17.79 and its 200-day moving average price is $17.67. The company has a market capitalization of $602.34 million, a PE ratio of 8.82 and a beta of 1.05. Betterware de Mexico SAPI de C has a 12-month low of $12.34 and a 12-month high of $19.79.
Betterware de Mexico SAPI de C Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 6th will be paid a $0.3252 dividend. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $1.30 dividend on an annualized basis and a yield of 8.1%. This is a boost 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 71.04%.
Institutional Trading of Betterware de Mexico SAPI de C
Large investors have recently bought and sold shares of the business. Public Employees Retirement System of Ohio purchased a new position in Betterware de Mexico SAPI de C in the 1st quarter worth approximately $29,000. Confluence Investment Management LLC grew its position in shares of Betterware de Mexico SAPI de C by 17.1% in the second quarter. Confluence Investment Management LLC now owns 12,096 shares of the company’s stock valued at $218,000 after purchasing an additional 1,768 shares in the last quarter. State Street Corp grew its position in shares of Betterware de Mexico SAPI de C by 7.0% in the fourth quarter. State Street Corp now owns 90,082 shares of the company’s stock valued at $1,280,000 after purchasing an additional 5,881 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Betterware de Mexico SAPI de C by 11.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 60,663 shares of the company’s stock valued at $862,000 after purchasing an additional 6,274 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of Betterware de Mexico SAPI de C by 88,706.7% in the first 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. Hedge funds and other institutional investors own 12.72% of the company’s stock.
Analysts Set New Price Targets
BWMX has been the subject of a number of research analyst reports. Zacks Research cut Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 29th. Weiss Ratings raised Betterware de Mexico SAPI de C from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Betterware de Mexico SAPI de C currently has an average rating of “Hold”.
Check Out Our Latest Report on Betterware de Mexico SAPI de C
Betterware de Mexico SAPI de C Company Profile
Betterware de Mexico SAPI de C.V. is a Mexico City–based home solutions company that designs, sources and distributes a broad portfolio of organizational and household products. Through a direct-to-consumer model, Betterware offers storage and organization items, kitchenware, cleaning tools, personal care accessories and pet care products. The company leverages both digital channels and a catalog-driven distribution network to reach end customers, pairing an e-commerce platform with an independent sales advisor network.
Founded in 1995, Betterware has built a multi-channel sales infrastructure that relies on regional distribution centers and a large community of independent representatives.
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