Herbalife (NYSE:HLF) Trading Down 5.1% – Time to Sell?

Herbalife Ltd (NYSE:HLF)’s stock price traded down 5.1% on Monday . The company traded as low as $16.15 and last traded at $16.1190. 133,063 shares traded hands during trading, a decline of 91% from the average session volume of 1,510,325 shares. The stock had previously closed at $16.99.

Analysts Set New Price Targets

A number of research firms recently issued reports on HLF. Mizuho set a $13.00 price target on Herbalife and gave the stock a “neutral” rating in a report on Thursday, January 8th. Maxim Group assumed coverage on shares of Herbalife in a report on Tuesday, January 6th. They issued a “buy” rating and a $20.00 target price on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Herbalife in a report on Thursday, January 22nd. Wall Street Zen upgraded Herbalife from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. Finally, Argus set a $15.00 price target on shares of Herbalife in a research note on Wednesday, November 26th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Herbalife currently has a consensus rating of “Moderate Buy” and an average target price of $15.80.

Herbalife Price Performance

The company has a 50-day moving average of $14.78 and a two-hundred day moving average of $11.23. The stock has a market capitalization of $1.71 billion, a PE ratio of 5.28 and a beta of 0.84.

Insider Activity

In other news, Director Lynda Cloud purchased 17,000 shares of the stock in a transaction dated Tuesday, November 18th. The stock was acquired at an average cost of $8.97 per share, for a total transaction of $152,490.00. Following the acquisition, the director owned 38,857 shares of the company’s stock, valued at $348,547.29. The trade was a 77.78% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. In the last quarter, insiders have bought 18,200 shares of company stock valued at $167,938. Corporate insiders own 1.73% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. FNY Investment Advisers LLC purchased a new stake in Herbalife in the 2nd quarter worth approximately $29,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Herbalife during the 3rd quarter worth $35,000. GAMMA Investing LLC grew 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 last quarter. Advisory Services Network LLC bought a new position in Herbalife in the 3rd quarter worth $65,000. Finally, Quarry LP lifted its position in Herbalife by 49,105.3% during the 3rd quarter. Quarry LP now owns 9,349 shares of the company’s stock worth $79,000 after acquiring an additional 9,330 shares during the last quarter.

About Herbalife

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.