On May 10, 2024, Juan Mendoza, a Director at Herbalife Ltd (HLF, Financial), purchased 15,000 shares of the company, as reported in a recent SEC Filing. This transaction increased the insider's holdings significantly, contributing to a total of 50,000 shares bought over the past year.
Herbalife Ltd is a global nutrition company that manufactures and sells dietary supplements and personal care products. The company operates worldwide, providing meal replacement shakes, vitamins, and sports nutrition products.
The purchase occurred at a stock price of $10.55, valuing the transaction at approximately $158,250. This acquisition comes at a time when Herbalife Ltd's shares are considered Significantly Undervalued according to the GF Value, with a price-to-GF-Value ratio of 0.56.
The market cap of Herbalife Ltd is currently $1.06 billion. The stock's price-earnings ratio stands at 7.76, which is lower than both the industry median and the company’s historical median.
Over the past year, there have been 10 insider buys and only 1 insider sell at Herbalife Ltd, indicating a positive trend in insider confidence.
The GF Value, a measure of intrinsic value, is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates. Currently, the GF Value of Herbalife Ltd is estimated at $18.96 per share.
This insider purchase by Juan Mendoza may signal a belief in the company's potential for growth or undervaluation, as reflected in the GF Value and other financial metrics.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
