Nature’s Sunshine Products (NASDAQ:NATR) EVP Sells $238,163.20 in Stock

by · The Markets Daily

Nature’s Sunshine Products, Inc. (NASDAQ:NATR – Get Free Report) EVP Bryant Yates sold 11,968 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $19.90, for a total value of $238,163.20. Following the sale, the executive vice president directly owned 77,446 shares in the company, valued at $1,541,175.40. This trade represents a 13.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Nature’s Sunshine Products Price Performance

Shares of NASDAQ:NATR opened at $20.51 on Friday. The business’s 50 day simple moving average is $23.76 and its 200-day simple moving average is $23.79. The firm has a market capitalization of $360.67 million, a price-to-earnings ratio of 18.65 and a beta of 0.86. Nature’s Sunshine Products, Inc. has a 12 month low of $12.97 and a 12 month high of $28.14.

Nature’s Sunshine Products (NASDAQ:NATR – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.20 by $0.10. Nature’s Sunshine Products had a net margin of 4.06% and a return on equity of 14.67%. The business had revenue of $122.89 million for the quarter, compared to analyst estimates of $122.15 million.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in NATR. Jane Street Group LLC acquired a new position in Nature’s Sunshine Products in the 1st quarter valued at about $174,000. Geode Capital Management LLC increased its stake in shares of Nature’s Sunshine Products by 9.4% during the 2nd quarter. Geode Capital Management LLC now owns 317,731 shares of the company’s stock valued at $4,700,000 after acquiring an additional 27,300 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Nature’s Sunshine Products by 16.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 228,698 shares of the company’s stock valued at $3,382,000 after acquiring an additional 31,696 shares during the last quarter. Rhumbline Advisers increased its stake in shares of Nature’s Sunshine Products by 9.7% during the 2nd quarter. Rhumbline Advisers now owns 21,180 shares of the company’s stock valued at $313,000 after acquiring an additional 1,875 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in shares of Nature’s Sunshine Products by 91.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 23,787 shares of the company’s stock valued at $348,000 after acquiring an additional 11,389 shares during the last quarter. Institutional investors and hedge funds own 79.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on NATR. DA Davidson reiterated a “buy” rating and issued a $33.00 price objective on shares of Nature’s Sunshine Products in a research report on Monday, May 11th. Weiss Ratings lowered shares of Nature’s Sunshine Products from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Finally, Canaccord Genuity Group set a $37.00 price objective on shares of Nature’s Sunshine Products in a research report on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $35.00.

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Nature’s Sunshine Products Company Profile

(Get Free Report)

Nature’s Sunshine Products, Inc is a global manufacturer and direct seller of nutritional supplements, herbal remedies, and personal care products. The company’s core business centers on research, development and distribution of vitamins, minerals, botanicals and essential oil-based formulations designed to support overall health and wellness. Operating under a network-marketing model, Nature’s Sunshine works through a network of independent distributors who promote and sell its product line directly to consumers.

The company’s product portfolio spans dietary supplements such as single-ingredient vitamins, proprietary herbal blends, sports nutrition formulas and weight-management solutions, along with skin and hair care items based on botanical extracts and essential oils.

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