Insider Buying: Betterware de Mexico SAPI de C (NYSE:BWMX) CEO Buys 30,000 Shares of Stock

Betterware de Mexico SAPI de C (NYSE:BWMX) CEO Andres Campos Chevallier purchased 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The shares were purchased at an average cost of $16.41 per share, for a total transaction of $492,300.00. Following the completion of the purchase, the chief executive officer owned 80,000 shares in the company, valued at $1,312,800. This trade represents a 60.00% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Betterware de Mexico SAPI de C Stock Down 0.8%

NYSE:BWMX traded down $0.14 on Thursday, hitting $15.99. The stock had a trading volume of 47,227 shares, compared to its average volume of 93,942. The company has a quick ratio of 0.57, a current ratio of 1.11 and a debt-to-equity ratio of 2.96. Betterware de Mexico SAPI de C has a 52 week low of $12.34 and a 52 week high of $19.79. The business’s fifty day moving average is $16.64 and its 200 day moving average is $17.17. The company has a market cap of $631.64 million, a PE ratio of 8.74 and a beta of 1.04.

Betterware de Mexico SAPI de C (NYSE:BWMX) last released its quarterly earnings data 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. On average, equities research analysts expect that Betterware de Mexico SAPI de C will post 2.5 EPS for the current fiscal year.

Betterware de Mexico SAPI de C Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th were paid a dividend of $0.3252 per share. This is a boost from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. The ex-dividend date was Thursday, August 6th. This represents a $1.30 dividend on an annualized basis and a yield of 8.1%. Betterware de Mexico SAPI de C’s dividend payout ratio (DPR) is presently 71.04%.

Institutional Trading of Betterware de Mexico SAPI de C

Several institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC grew its stake in shares of Betterware de Mexico SAPI de C by 48.6% in the 2nd quarter. NewEdge Advisors LLC now owns 19,796 shares of the company’s stock worth $356,000 after acquiring an additional 6,475 shares in the last quarter. Confluence Investment Management LLC lifted its position in shares of Betterware de Mexico SAPI de C by 17.1% during the second quarter. Confluence Investment Management LLC now owns 12,096 shares of the company’s stock valued at $218,000 after purchasing an additional 1,768 shares in the last quarter. Lazard Asset Management LLC bought a new position in shares of Betterware de Mexico SAPI de C during the first quarter valued at about $785,000. Public Employees Retirement System of Ohio purchased a new position in Betterware de Mexico SAPI de C during the first quarter worth about $29,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings 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 purchasing an additional 46,452 shares during the last quarter. Institutional investors own 12.72% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a report on Tuesday, September 1st. Wall Street Zen upgraded Betterware de Mexico SAPI de C from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

About Betterware de Mexico SAPI de C

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.