Stock Worth Watching: Is Mannatech Inc (NASDAQ:MTEX) Going to Burn These Institutional Investors?

November 17, 2016 - By Marie Mckinney   ·   0 Comments

Stock Worth Watching: Is Mannatech Inc (NASDAQ:MTEX) Going to Burn These Institutional Investors?

Sentiment for Mannatech Inc (NASDAQ:MTEX)

Mannatech Inc (NASDAQ:MTEX) institutional sentiment decreased to 1.4 in Q2 2016. Its down -0.27, from 1.67 in 2016Q1. The ratio has dropped, as 7 active investment managers started new and increased holdings, while 5 reduced and sold stakes in Mannatech Inc. The active investment managers in our partner’s database now own: 541,308 shares, up from 527,421 shares in 2016Q1. Also, the number of active investment managers holding Mannatech Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 4 Increased: 5 New Position: 2.

Mannatech, Incorporated is a wellness solution provider. The company has a market cap of $45.82 million. The Firm develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products. It has a 22.88 P/E ratio. The Firm operates through the segment of sale of nutritional supplements, skin care and anti-aging products, and weight management and fitness products through network marketing distribution channels in approximately 20 countries.

About 440 shares traded hands. Mannatech, Inc. (NASDAQ:MTEX) has declined 18.85% since April 15, 2016 and is downtrending. It has underperformed by 23.48% the S&P500.

According to Zacks Investment Research, “Mannatech Inc is a wellness solution provider that sells its products through a global network-marketing system throughout the United States and the international markets of Canada, Australia, the United Kingdom, Japan and New Zealand.”

Spark Investment Management Llc holds 0.03% of its portfolio in Mannatech, Inc. for 18,000 shares. Bridgeway Capital Management Inc owns 57,200 shares or 0.02% of their US portfolio. Moreover, Eagle Global Advisors Llc has 0.01% invested in the company for 22,670 shares. The New York-based Renaissance Technologies Llc has invested 0.01% in the stock. Acadian Asset Management Llc, a Massachusetts-based fund reported 785 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 1 sale for $22,622 net activity.

MTEX Company Profile

Mannatech, Incorporated, incorporated on November 4, 1993, is a wellness solution provider. The Firm develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products that target optimal health and wellness. The Firm operates through the segment of sale of nutritional supplements, skin care and anti-aging products, and weight management and fitness products through network marketing distribution channels in approximately 20 countries. The Firm sells its products in three regions: North America/South America (the United States, Canada, Colombia and Mexico); Europe/the Middle East/Africa (EMEA) (Austria, the Czech Republic, Denmark, Estonia, Finland, Germany, the Republic of Ireland, Namibia, the Netherlands, Norway, South Africa, Spain, Sweden and the United Kingdom), and Asia/Pacific (Australia, Japan, New Zealand, the Republic of Korea, Singapore, Taiwan and Hong Kong).

More notable recent Mannatech, Inc. (NASDAQ:MTEX) news were published by: Marketwatch.com which released: “Mannatech Inc.” on December 21, 2009, also Blogs.Wsj.com with their article: “A Mystery in Ben Carson’s Ties With Supplement Maker Mannatech” published on October 08, 2015, Quotes.Wsj.com published: “Mannatech Inc. MTEX (US: Nasdaq)” on February 11, 2011. More interesting news about Mannatech, Inc. (NASDAQ:MTEX) were released by: Businesswire.com and their article: “Mannatech Reports Third Quarter 2016 Financial Results” published on November 08, 2016 as well as Nasdaq.com‘s news article titled: “Mannatech Inc. Reveals 1743% Rise In Q3 Earnings” with publication date: November 08, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Marie Mckinney


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>