Herbalife Ltd. (HLF): Richard P Bermingham , director of Herbalife Ltd. sold 7,753 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were sold at $66.00 per share for a total value of $511,698.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 22, 2016, Shin-shing Bosco Chiu (Principal Accounting Officer) sold 2,000 shares at $63.00 per share price.On Aug 11, 2015, Edi Hienrich (SVP/Managing Director EMEA) sold 8,855 shares at $59.94 per share price.
Herbalife Ltd.: On Friday, May 6, 2016 heightened volatility was witnessed in Herbalife Ltd. which led to swings in the share price. The shares opened for trading at $63.75 and hit $66.26 on the upside , eventually ending the session at $63.62, with a gain of 9.09% or 5.3 points. The heightened volatility saw the trading volume jump to 67,26,293 shares. The 52-week high of the share price is $66.26 and the company has a market cap of $5,904 M . The 52-week low of the share price is at $42.26.
Herbalife Ltd. is a holding company. The Company is a global nutrition company that develops and sells weight management healthy meals and snacks sports and fitness energy and targeted nutritional products as well as personal care products. The Companys products are often sold as part of a program. The Company categorizes its products into five groups: weight management which includes meal replacement protein shakes drink mixes weight loss enhancers and healthy snacks; targeted nutrition dietary and nutritional supplements containing quality herbs vitamins minerals and other natural ingredients; energy sports & fitness consists of products that support a healthy active lifestyle; outer nutrition consists of facial skin care body care and hair care products and literature promotional and other includes Start-up kits sales tools and educational materials. As of December 31 2014 the Company sold its products in 91 countries.