In a recent transaction on May 7, Gilbert A. Fuller, a director at USANA Health (NYSE:USNA) Sciences Inc. (NYSE:USNA), sold 490 shares of the company's common stock. The sale was executed at a weighted average price of $44.589, with the transaction totaling over $21,848.
Investors following USANA Health Sciences may note that the price range for these transactions varied slightly, with shares being sold at prices between $44.572 and $44.63. This sale has brought Fuller's ownership in the company down to zero shares, according to the latest filing.
USANA Health Sciences, based in Salt Lake City, Utah, operates in the medicinal chemicals and botanical products industry. The company's stock transactions are closely watched by investors who track insider selling and buying as indicators of confidence and potential future performance.
For those interested in the specifics of the company's stock movements, USANA Health Sciences trades under the ticker symbol NYSE:USNA. The company continues to be a subject of interest for those invested in the healthcare sector, particularly in the niche of nutritional products and supplements.
The details of this transaction are publicly available due to regulatory requirements, providing transparency into the trading activities of the company's directors and other insiders.
InvestingPro Insights
Following the recent insider transaction at USANA Health Sciences Inc . (NYSE:USNA), investors may find additional context through several key financial metrics and expert analysis. As of the latest data, USANA boasts an impressive gross profit margin of 80.98% over the last twelve months as of Q1 2024, reflecting a strong ability to control costs relative to revenue.
The company's valuation also presents an interesting picture, with a Price/Earnings (P/E) ratio of 13.87, and an adjusted P/E ratio for the same period standing at 13.95. This suggests that USANA's stock is trading at a low earnings multiple, which could be attractive to value-oriented investors.
Investors may also be reassured by USANA's financial stability, as the company holds more cash than debt on its balance sheet, providing a cushion against market volatility and unforeseen expenses.
For those considering a deeper dive into USANA's financial health and market potential, InvestingPro offers additional insights. In total, there are 9 InvestingPro Tips available, which include perspectives on earnings revisions by analysts and the company's ability to cover interest payments with its cash flows. These insights can be accessed by visiting https://www.investing.com/pro/USNA, and readers can use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription, offering a more comprehensive understanding of USANA's investment profile.
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