Herbalife (NYSE:HLF) Insider Frank Lamberti Sells 7,937 Shares of Stock

Herbalife Ltd (NYSE:HLF) insider Frank Lamberti sold 7,937 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $13.86, for a total value of $110,006.82. Following the completion of the sale, the insider owned 171,606 shares of the company’s stock, valued at approximately $2,378,459.16. This trade represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Tuesday, May 12th, Frank Lamberti sold 134,982 shares of Herbalife stock. The shares were sold at an average price of $13.50, for a total value of $1,822,257.00.

Herbalife Stock Performance

Shares of HLF stock opened at $13.02 on Thursday. The stock’s 50-day simple moving average is $15.46 and its 200-day simple moving average is $14.41. The firm has a market capitalization of $1.35 billion, a PE ratio of 5.71, a P/E/G ratio of 0.81 and a beta of 0.98. Herbalife Ltd has a fifty-two week low of $6.62 and a fifty-two week high of $20.40.

Herbalife (NYSE:HLF) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.30 billion. Herbalife had a negative return on equity of 41.47% and a net margin of 4.67%.The company’s revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.59 earnings per share. Sell-side analysts forecast that Herbalife Ltd will post 2.47 earnings per share for the current year.

Institutional Trading of Herbalife

Several hedge funds and other institutional investors have recently bought and sold shares of HLF. Caitong International Asset Management Co. Ltd acquired a new stake in Herbalife during the fourth quarter worth about $32,000. Aster Capital Management DIFC Ltd acquired a new stake in Herbalife during the third quarter worth about $35,000. KBC Group NV acquired a new stake in Herbalife in the first quarter valued at approximately $44,000. Advisory Services Network LLC acquired a new stake in Herbalife in the third quarter valued at approximately $65,000. Finally, Quarry LP grew its holdings in Herbalife by 49,105.3% in the third quarter. Quarry LP now owns 9,349 shares of the company’s stock valued at $79,000 after purchasing an additional 9,330 shares during the period.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on HLF. Mizuho set a $17.00 price objective on Herbalife in a report on Monday, May 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of Herbalife in a report on Friday, May 8th. Royal Bank Of Canada cut their price objective on Herbalife from $17.00 to $16.00 and set a “sector perform” rating on the stock in a report on Tuesday, April 28th. Citigroup reissued a “buy” rating and issued a $21.00 price objective (up from $17.00) on shares of Herbalife in a report on Thursday, February 19th. Finally, Zacks Research lowered Herbalife from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Herbalife currently has a consensus rating of “Hold” and an average target price of $17.80.

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.