Herbalife Chairman and CEO, Michael Johnson, Purchased Nearly $500K Worth of Shares
Portfolio Pulse from Benzinga Newsdesk
Herbalife Ltd.'s Chairman and CEO, Michael Johnson, bought 61,725 shares at an average price of $8.07 each, totaling nearly $500,000, on February 16, 2024.

February 20, 2024 | 12:15 pm
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Herbalife's CEO purchased 61,725 shares at an average price of $8.07, totaling nearly $500,000.
Insider purchases, especially of this magnitude, are often viewed positively by the market as they can indicate the leadership's confidence in the company's future prospects. This could lead to increased investor confidence and potentially a short-term uptick in HLF's stock price.
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