The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Nu Skin Enterprises, Inc. shares valued at $24,640 were sold by LIPMAN ANDREW D on Mar 25 ’24. At $12.32 per share, LIPMAN ANDREW D sold 2,000 shares. The insider’s holdings dropped to 27,225 shares worth approximately $0.34 million following the completion of this transaction.
Also, LIPMAN ANDREW D sold 2,000 shares, netting a total of over 24,920 in proceeds. Following the sale of shares at $12.46 each, the insider now holds 29,225 shares.
Before that, LIPMAN ANDREW D had sold 2,000 shares from its account. In a trade valued at $37,100, the Director traded Nu Skin Enterprises, Inc. shares for $18.55 each. Upon closing the transaction, the insider’s holdings decreased to 2,000 shares, worth approximately $0.39 million.
As published in a research note from Jefferies on January 31, 2023, Nu Skin Enterprises, Inc. [NUS] has been rated down from a Buy to a Hold and the price target has been revised to $39 from $43. Analysts at DA Davidson downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid February. As of October 02, 2020, BofA Securities has increased its “an Underperform” rating to a “Neutral” for NUS. Earlier on July 02, 2020, Jefferies upgraded its rating. Their new recommendation was “a Buy” for NUS stock which previously was a “a Hold”.
Analyzing NUS Stock Performance
During the last five days, there has been a surge of approximately 1.31%. Over the course of the year, Nu Skin Enterprises, Inc. shares have dropped approximately -36.35%. Shares of the company reached a 52-week high of $20.75 on 01/02/24 and a 52-week low of $11.84 on 04/15/24. A 50-day SMA is recorded $13.46, while a 200-day SMA reached $19.58. Nevertheless, trading volume fell to 0.5 million shares from 0.8 million shares the previous day.
Support And Resistance Levels for Nu Skin Enterprises, Inc. (NUS)
According to the 24-hour chart, there is a support level at 12.23, which, if violated, would cause prices to drop to 12.10. In the upper region, resistance lies at 12.56. The next price resistance is at 12.76. RSI (Relative Strength Index) is 42.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.43, which suggests the price will decrease in the coming days. Percent R is at 76.36%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
