Insider Buying: Betterware de Mexico SAPI de C (NYSE:BWMX) Chairman Acquires $54,162.00 in Stock

Key Points

• Chairman Luis Campos purchased 3,186 Betterware shares at $17 each, investing $54,162 and raising his direct stake to 20.26 million shares. He also made three additional purchases recently, totaling more than $1.2 million.
• Betterware shares traded at $16.14, with a market capitalization of about $602 million and a price-to-earnings ratio of 8.82. The company reported quarterly EPS of $0.57 on revenue of $237.83 million.
• The company increased its quarterly dividend to $0.3252 per share, implying an annualized yield of approximately 8.1%. Analysts’ consensus rating remains “Hold,” while institutional investors own 12.72% of the stock.

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) Chairman Luis Campos acquired 3,186 shares of the firm's stock in a transaction dated Monday, August 3rd. The stock was bought at an average price of $17.00 per share, with a total value of $54,162.00. Following the purchase, the chairman directly owned 20,256,668 shares in the company, valued at approximately $344,363,356. This trade represents a 0.02% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Luis Campos also recently made the following trade(s):

• On Tuesday, August 4th, Luis Campos bought 21,829 shares of Betterware de Mexico SAPI de C stock. The shares were acquired at an average price of $17.00 per share, with a total value of $371,093.00.
• On Friday, July 31st, Luis Campos acquired 3,917 shares of Betterware de Mexico SAPI de C stock. The shares were purchased at an average cost of $16.93 per share, for a total transaction of $66,314.81.
• On Monday, July 27th, Luis Campos purchased 46,830 shares of Betterware de Mexico SAPI de C stock. The shares were acquired at an average price of $16.41 per share, with a total value of $768,480.30.

Betterware de Mexico SAPI de C Stock Performance

Shares of Betterware de Mexico SAPI de C stock traded down $0.58 during trading hours on Monday, hitting $16.14. 122,425 shares of the company were exchanged, compared to its average volume of 97,040. The stock has a market capitalization of $602.34 million, a price-to-earnings ratio of 8.82 and a beta of 1.05. The business has a 50-day moving average of $17.79 and a 200-day moving average of $17.67. The company has a current ratio of 1.11, a quick ratio of 0.57 and a debt-to-equity ratio of 2.96. Betterware de Mexico SAPI de C has a 1 year low of $12.34 and a 1 year high of $19.79.

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) last released its quarterly earnings data on Wednesday, July 1st. The company reported $0.57 earnings per share (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. As a group, analysts expect that Betterware de Mexico SAPI de C will post 2.48 EPS for the current fiscal year.

Betterware de Mexico SAPI de C Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th will be paid a dividend of $0.3252 per share. 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 8.1%. The ex-dividend date of this dividend is Thursday, August 6th. Betterware de Mexico SAPI de C's payout ratio is 71.04%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio acquired a new position in shares of Betterware de Mexico SAPI de C during the 1st quarter worth $29,000. Confluence Investment Management LLC boosted its holdings in Betterware de Mexico SAPI de C by 17.1% in the 2nd 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 during the period. NewEdge Advisors LLC increased its stake in Betterware de Mexico SAPI de C by 88,706.7% during the first quarter. NewEdge Advisors LLC now owns 13,321 shares of the company's stock valued at $225,000 after acquiring an additional 13,306 shares during the period. Sei Investments Co. bought a new position in Betterware de Mexico SAPI de C in the first quarter worth $613,000. Finally, Lazard Asset Management LLC acquired a new stake in shares of Betterware de Mexico SAPI de C during the 1st quarter valued at about $785,000. 12.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on BWMX shares. Weiss Ratings upgraded Betterware de Mexico SAPI de C from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, June 4th. Zacks Research cut Betterware de Mexico SAPI de C from a "hold" rating to a "strong sell" rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

Betterware de Mexico SAPI de C Company Profile

Betterware de Mexico SAPI de C.V. is a Mexico City–based home solutions company that designs, sources and distributes a broad portfolio of organizational and household products. Through a direct-to-consumer model, Betterware offers storage and organization items, kitchenware, cleaning tools, personal care accessories and pet care products. The company leverages both digital channels and a catalog-driven distribution network to reach end customers, pairing an e-commerce platform with an independent sales advisor network.

Founded in 1995, Betterware has built a multi-channel sales infrastructure that relies on regional distribution centers and a large community of independent representatives.

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