Betterware de Mexico SAPI de C (NYSE:BWMX – Get Free Report) Chairman Luis Campos purchased 35,000 shares of the firm’s stock in a transaction dated Wednesday, September 16th. The stock was purchased at an average cost of $16.44 per share, with a total value of $575,400.00. Following the acquisition, the chairman directly owned 20,358,497 shares in the company, valued at $334,693,690.68. This trade represents a 0.17% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Luis Campos also recently made the following trade(s):
- On Tuesday, September 15th, Luis Campos acquired 45,000 shares of Betterware de Mexico SAPI de C stock. The stock was purchased at an average price of $16.26 per share, with a total value of $731,700.00.
- On Tuesday, August 4th, Luis Campos acquired 21,829 shares of Betterware de Mexico SAPI de C stock. The shares were acquired at an average cost of $17.00 per share, for a total transaction of $371,093.00.
- On Monday, August 3rd, Luis Campos bought 3,186 shares of Betterware de Mexico SAPI de C stock. The shares were acquired 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 acquired at an average cost of $16.93 per share, with a total value of $66,314.81.
- On Monday, July 27th, Luis Campos purchased 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 Trading Up 8.2%
NYSE BWMX opened at $17.29 on Friday. The firm has a market cap of $682.58 million, a P/E ratio of 9.45 and a beta of 1.04. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.11 and a quick ratio of 0.57. The stock’s 50-day moving average is $16.58 and its 200-day moving average is $17.16. Betterware de Mexico SAPI de C has a one year low of $12.34 and a one year high of $19.79.
Betterware de Mexico SAPI de C Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th were paid a $0.3252 dividend. The ex-dividend date of this dividend was Thursday, August 6th. This is an increase from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. This represents a $1.30 dividend on an annualized basis and a yield of 7.5%. Betterware de Mexico SAPI de C’s payout ratio is presently 71.04%.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. Wall Street Zen upgraded 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 report on Tuesday, September 1st. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold”.
Read Our Latest Research Report on BWMX
Key Stories Impacting Betterware de Mexico SAPI de C
Here are the key news stories impacting Betterware de Mexico SAPI de C this week:
- Positive Sentiment: Company insiders purchased a combined 125,000 shares for approximately $2.05 million. CEO Andres Campos Chevallier bought 30,000 shares, Chairman Luis Campos purchased 80,000 shares across two transactions, and Santiago Campos Chevallier acquired 15,000 shares. The purchases increase insiders’ existing ownership and may signal confidence that the stock is undervalued. Insider buying report
- Positive Sentiment: Betterware recently raised its quarterly dividend to $0.3252 per share from $0.31, equivalent to an annualized $1.30 dividend and an indicated yield of about 8.1%. The increase could attract income-focused investors, though the 71% payout ratio limits the margin for further increases. Betterware dividend and stock report
- Positive Sentiment: Several institutional investors increased their positions, including NewEdge Advisors, Confluence Investment Management and Arrowstreet Capital. Institutional and hedge-fund investors own approximately 12.7% of the company, providing some additional support for the shares.
- Neutral Sentiment: Analyst opinion remains mixed: one analyst rates BWMX Strong Buy, another rates it Hold and another rates it Sell. The overall consensus rating is Hold, limiting the impact of the recent upgrade by Wall Street Zen.
- Negative Sentiment: The company’s balance sheet remains a risk, with a quick ratio of 0.57 and debt-to-equity ratio of 2.96. Investors may also view the stock’s recent trading below its 200-day moving average as a sign of continued caution despite its low earnings multiple.
Institutional Trading of Betterware de Mexico SAPI de C
A number of institutional investors have recently made changes to their positions in BWMX. Public Employees Retirement System of Ohio acquired a new stake in Betterware de Mexico SAPI de C in the 1st quarter valued at $29,000. Confluence Investment Management LLC lifted its position in 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 buying an additional 1,768 shares in the last quarter. NewEdge Advisors LLC boosted its stake 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 worth $356,000 after buying an additional 6,475 shares during the last quarter. Sei Investments Co. acquired a new position in shares of Betterware de Mexico SAPI de C during the 1st quarter worth about $613,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Betterware de Mexico SAPI de C by 177.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 72,582 shares of the company’s stock valued at $1,224,000 after acquiring an additional 46,452 shares in 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.
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