On September 9, 2024, Tyler Rameson, a Director at Mannatech Inc (MTEX, Financial), purchased 16,288 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 299,197 shares of Mannatech Inc.
Mannatech Inc is involved in the development and sale of health and wellness products, including dietary supplements and skin care products. The company operates globally, providing a range of wellness solutions to consumers.
The shares were acquired at a price of $7.75 per share, valuing the transaction at approximately $125,932. The purchase occurred at a time when the stock is considered significantly undervalued according to the GF Value, with a current price-to-GF-Value ratio of 0.5. The GF Value of $15.60 suggests a potential undervaluation of the stock.
The market cap of Mannatech Inc stands at $14.144 million, reflecting its size and scale within the health and wellness sector. The company's valuation metrics, such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, are calculated based on historical trading multiples, adjustments for past performance, and future business projections.
Over the past year, there has been a total of 1 insider buy and 2 insider sells at Mannatech Inc. The insider's recent purchase marks a notable addition to their holdings, reflecting a potential confidence in the company's future performance.
This insider transaction provides investors with a glimpse into the actions of significant stakeholders within Mannatech Inc, offering insights into their perspective on the stock's value and prospects.
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.
