Insider Buying: Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Acquires 45,000 Shares of Stock

Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Luis Campos purchased 45,000 shares of Betterware de Mexico SAPI de C stock in a transaction that occurred on Tuesday, September 15th. The stock was acquired at an average cost of $16.26 per share, with a total value of $731,700.00. Following the transaction, the chairman owned 20,323,497 shares in the company, valued at $330,460,061.22. This trade represents a 0.22% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Luis Campos also recently made the following trade(s):

• On Wednesday, September 16th, Luis Campos purchased 35,000 shares of Betterware de Mexico SAPI de C stock. The shares were acquired at an average price of $16.44 per share, with a total value of $575,400.00.
• On Tuesday, August 4th, Luis Campos purchased 21,829 shares of Betterware de Mexico SAPI de C stock. The shares were bought at an average price of $17.00 per share, with a total value of $371,093.00.
• On Monday, August 3rd, Luis Campos bought 3,186 shares of Betterware de Mexico SAPI de C stock. The stock was purchased at an average price of $17.00 per share, for a total transaction of $54,162.00.
• On Friday, July 31st, Luis Campos acquired 3,917 shares of Betterware de Mexico SAPI de C stock. The stock was acquired at an average cost of $16.93 per share, with a total value of $66,314.81.
• On Monday, July 27th, Luis Campos acquired 46,830 shares of Betterware de Mexico SAPI de C stock. The stock was acquired at an average price of $16.41 per share, with a total value of $768,480.30.

Betterware de Mexico SAPI de C Stock Performance

BWMX stock traded down $0.14 during midday trading on Thursday, reaching $15.99. 47,227 shares of the company’s stock traded hands, compared to its average volume of 93,942. The firm has a market capitalization of $631.64 million, a PE ratio of 8.74 and a beta of 1.04. The company has a 50-day moving average price of $16.64 and a two-hundred day moving average price of $17.17. 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 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 (NYSE:BWMX) last posted its quarterly earnings results on Wednesday, July 1st. The company reported $0.57 EPS for the quarter. Betterware de Mexico SAPI de C had a return on equity of 77.89% and a net margin of 8.35%.The firm had revenue of $237.83 million during the quarter. As a group, equities analysts anticipate that Betterware de Mexico SAPI de C will post 2.5 EPS for the current year.

Betterware de Mexico SAPI de C Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th were issued a dividend of $0.3252 per share. This represents a $1.30 dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend was Thursday, August 6th. 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 payout ratio is presently 71.04%.

Analyst Ratings Changes

BWMX has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Betterware de Mexico SAPI de C from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 5th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a research note on Tuesday, September 1st. One investment 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 MarketBeat.com, Betterware de Mexico SAPI de C currently has an average rating of “Hold”.

Institutional Investors Weigh In On Betterware de Mexico SAPI de C

Several large investors have recently added to or reduced their stakes in BWMX. Arrowstreet Capital Limited Partnership grew its position in Betterware de Mexico SAPI de C by 177.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 72,582 shares of the company’s stock worth $1,224,000 after buying an additional 46,452 shares in the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Betterware de Mexico SAPI de C in the 1st quarter valued at about $785,000. Sei Investments Co. purchased a new stake in shares of Betterware de Mexico SAPI de C in the 1st quarter valued at about $613,000. NewEdge Advisors LLC boosted its position in shares of Betterware de Mexico SAPI de C by 48.6% during the 2nd quarter. NewEdge Advisors LLC now owns 19,796 shares of the company’s stock valued at $356,000 after acquiring an additional 6,475 shares during the last quarter. Finally, 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 valued at $218,000 after acquiring an additional 1,768 shares during the last quarter. Institutional investors own 12.72% of the company’s stock.

Betterware de Mexico SAPI de C Company Profile

Betterware de México, SAP.I. de C.V. is a Mexico-based direct-to-consumer company that develops, markets and distributes products designed to improve household organization and everyday living. Its product portfolio has included storage and organization solutions, kitchen and cleaning products, home accessories, personal-care items and other consumer goods.

The company primarily reaches customers through an independent sales force and catalog- and digitally supported direct-selling channels.