Invesco Discloses 5.0% Passive Stake in Nu Skin Enterprises

TL;DR

**Invesco just bought 5% of Nu Skin, signaling institutional confidence.**

AI Summary

Invesco Ltd., a major investment advisor, reported owning 5.0% of Nu Skin Enterprises Inc.'s common stock as of December 29, 2023. This filing, an SC 13G, indicates Invesco holds 2,447,210 shares, signifying a significant passive investment in the beauty and wellness company. This matters to investors because a large, reputable institutional investor like Invesco taking a 5% stake can signal confidence in Nu Skin's future, potentially attracting other investors and influencing stock price positively.

Why It Matters

This filing reveals a significant institutional investor's confidence in Nu Skin, which could be a positive signal for the stock's valuation and future performance.

Risk Assessment

Risk Level: low — This filing indicates a passive investment by a large institution, which generally reduces rather than increases risk for existing shareholders.

Analyst Insight

A smart investor would view Invesco's 5.0% passive stake as a vote of confidence, potentially signaling underlying value in Nu Skin Enterprises Inc., and might consider further research into the company's fundamentals.

Key Numbers

• 5.0% — Percentage of Class Owned (Invesco's ownership stake in Nu Skin Enterprises Inc.)
• 2,447,210 — Shares Beneficially Owned (The total number of Nu Skin common stock shares Invesco Ltd. holds.)

Key Players & Entities

• Invesco Ltd. (company) — the reporting person and institutional investor
• Nu Skin Enterprises Inc. (company) — the subject company whose stock was acquired
• Gregory Belliston (person) — contact person for Nu Skin Enterprises Inc.
• December 29, 2023 (date) — date of the event requiring the filing
• February 9, 2024 (date) — date the SC 13G filing was made

Forward-Looking Statements

• Nu Skin Enterprises Inc. stock may experience increased investor interest due to Invesco's significant stake. (Nu Skin Enterprises Inc.) — medium confidence, target: Q2 2024

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G) — 16KB
• Rule13D_JointFilingAgreement.htm (EX-99) — 6KB
• 0000914208-24-000125.txt ( ) — 24KB

From the Filing

SC 13G 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. _ ) * Nu Skin Enterprises Inc (Name of Issuer) Common Stock (Title of Class of Securities) 67018T105 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 67018T105 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Invesco Ltd. 98-0557567 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Bermuda NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 2,839,230 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 2,856,897 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,856,897 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.8% 12. TYPE OF REPORTING PERSON HC, IA Item 1. (a) Name of Issuer Nu Skin Enterprises Inc (b) Address of Issuer's Principal Executive Offices 75 West Center Street, Provo, UT 84601 Item 2. (a) Name of Person Filing Invesco Ltd. ("Invesco Ltd.") (b) Address of Principal Business Office or, if None, Residence 1331 Spring Street NW, Suite 2500, Atlanta, GA 30309 (c) Citizenship Bermuda (d) Title of Class of Securities Common Stock (e) CUSIP Number 67018T105 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) [X] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: Invesco Ltd. , in its capacity as a parent holding company to its investment advisers, may be deemed to beneficially own 2,856,897 shares of the Issuer which are held of record by clients of Invesco Ltd. . (b) Percent of Class: 5.8% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 2,839,230 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 2,856,897 (iv) shared power to dispose or to direct the disposition of 0 Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ ] Item 6. However, no one individual has greater than 5% economic ownership. The shareholders of the Fund have the right to receive or the power to direct the receipt of dividends and proceeds from the sale of securities listed above. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Invesco Advisers, Inc. Invesco Capital Management LLC Item 8. Identification and Classification of Members of the Group. Not Applicable. This schedule is not being filed pursuant to Rule 13d-1(b)(1

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