Insider Selling: Mannatech, Incorporated (MTEX) Director Sells $21,270.00 in Stock
Mannatech, Incorporated (NASDAQ:MTEX) Director Larry A. Jobe sold 1,500 shares of Mannatech, stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $14.18, for a total transaction of $21,270.00. Following the sale, the director now owns 52,500 shares of the company’s stock, valued at $744,450. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shares of Mannatech, Incorporated (NASDAQ:MTEX) traded down $0.10 during midday trading on Friday, hitting $14.10. 2,400 shares of the stock were exchanged, compared to its average volume of 4,149. The stock has a market capitalization of $38.37, a P/E ratio of 52.59 and a beta of 1.14. Mannatech, Incorporated has a 1-year low of $12.51 and a 1-year high of $23.80. The company has a current ratio of 1.63, a quick ratio of 1.33 and a debt-to-equity ratio of 0.01.
Mannatech, (NASDAQ:MTEX) last issued its quarterly earnings results on Tuesday, November 7th. The company reported $0.50 EPS for the quarter. The business had revenue of $42.00 million during the quarter. Mannatech, had a net margin of 0.48% and a return on equity of 2.05%.
A hedge fund recently bought a new stake in Mannatech, stock. JBF Capital Inc. bought a new position in Mannatech, Incorporated (NASDAQ:MTEX) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 16,014 shares of the company’s stock, valued at approximately $250,000. JBF Capital Inc. owned about 0.59% of Mannatech, as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 19.47% of the company’s stock.
Mannatech, Incorporated is a wellness solution provider. The Company develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products. The Company operates through the segment of sale of nutritional supplements, skin care and anti-aging products, and weight management and fitness products through network marketing distribution channels in approximately 20 countries.
Receive News & Ratings for Mannatech Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mannatech Incorporated and related companies with Analyst Ratings Network's FREE daily email newsletter.