Herbalife Ltd. (HLF) Execs Buy More Stock

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...