Mannatech Inc Q2 2016 Institutional Investor Sentiment Better Than Expected

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 investment professionals increased or started new stock positions, while 5 decreased and sold their equity positions in Mannatech Inc. The investment professionals in our partner’s database now hold: 541,308 shares, up from 527,421 shares in 2016Q1. Also, the number of investment professionals holding Mannatech Inc in their top 10 stock positions 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 $46.99 million. The Firm develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products. It has a 55.9 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 100 shares traded hands. Mannatech, Inc. (NASDAQ:MTEX) has declined 4.38% since February 1, 2016 and is downtrending. It has underperformed by 16.79% the S&P500.

Analysts await Mannatech, Inc. (NASDAQ:MTEX) to report earnings on November, 8.

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.

Article Source: http://presstelegraph.com/