Herbalife Ltd. (HLF) Execs Buy More Stock

HFA Padded
Mark Melin
Published on
Updated on

Herbalife Ltd. (NYSE:HLF) executives might be thinking that Bill Ackman’s “epic” presentation that was supposed to put a nail in the coffin of the nutritional supplement company has put a dent in Ackman’s short position. John Desimone buying Herbalife shares Insiders at Herbalife Ltd. (NYSE:HLF), including Chief Financial Officer John Desimone, are putting their money where their mouth is and buying Herbalife shares. As Barrons reported over the weekend, Desimone purchased 10,000 shares for just over half a million dollars. Three other top executives chipped in and purchased over 30,000 shares. Shares in the stock have tumbled, down nearly 20 percent since an earnings…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.