Insider Buying: Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Buys $371,093.00 in Stock

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos bought 21,829 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were bought 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 directly owned 20,278,497 shares in the company, valued at approximately $344,734,449. This trade represents a 0.11% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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 stock was bought at an average price of $17.00 per share, for a total transaction of $54,162.00.
• On Friday, July 31st, Luis Campos bought 3,917 shares of Betterware de Mexico SAPI de C stock. The stock was bought 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 shares were purchased at an average price of $16.41 per share, with a total value of $768,480.30.

Betterware de Mexico SAPI de C Stock Up 0.4%

Shares of NYSE BWMX opened at $16.37 on Thursday. The company’s 50 day moving average price is $17.67 and its 200-day moving average price is $17.62. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.57 and a current ratio of 1.11. Betterware de Mexico SAPI de C has a 52-week low of $12.34 and a 52-week high of $19.79. The company has a market capitalization of $610.93 million, a P/E ratio of 8.95 and a beta of 1.05.

Betterware de Mexico SAPI de C (NYSE:BWMX) last posted its quarterly earnings data on Wednesday, July 1st. The company reported $0.57 earnings per share for the quarter. Betterware de Mexico SAPI de C had a net margin of 8.35% and a return on equity of 77.89%. The company had revenue of $237.83 million during the quarter. Equities analysts forecast that Betterware de Mexico SAPI de C will post 2.48 earnings per share for the current year.

Betterware de Mexico SAPI de C Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th will be issued a dividend of $0.3252 per share. This represents a $1.30 dividend on an annualized basis and a yield of 7.9%. The ex-dividend date is Thursday, August 6th. This is an increase from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. Betterware de Mexico SAPI de C’s dividend payout ratio (DPR) is 71.04%.

Institutional Investors Weigh In On Betterware de Mexico SAPI de C

A number of large investors have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio bought a new stake in Betterware de Mexico SAPI de C in the first quarter valued at $29,000. Confluence Investment Management LLC boosted its position in shares of Betterware de Mexico SAPI de C by 17.1% during the 2nd quarter. Confluence Investment Management LLC now owns 12,096 shares of the company’s stock worth $218,000 after purchasing an additional 1,768 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Betterware de Mexico SAPI de C by 88,706.7% in the 1st quarter. NewEdge Advisors LLC now owns 13,321 shares of the company’s stock valued at $225,000 after buying an additional 13,306 shares during the period. Sei Investments Co. acquired a new stake in shares of Betterware de Mexico SAPI de C in the 1st quarter valued at about $613,000. Finally, Lazard Asset Management LLC bought a new stake in Betterware de Mexico SAPI de C in the 1st quarter valued at about $785,000. 12.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BWMX has been the topic of a number of recent analyst reports. Zacks Research downgraded Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 29th. Weiss Ratings upgraded Betterware de Mexico SAPI de C from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued 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”.

About Betterware de Mexico SAPI de C

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.