Bryant Yates Sells 11,968 Shares of Nature’s Sunshine Products (NASDAQ:NATR) Stock

Nature’s Sunshine Products, Inc. (NASDAQ:NATRGet Free Report) EVP Bryant Yates sold 11,968 shares of the business’s stock in a transaction 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 owned 77,446 shares in the company, valued at approximately $1,541,175.40. The trade was a 13.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Nature’s Sunshine Products Stock Performance

NATR opened at $20.51 on Friday. The business’s fifty day moving average is $23.76 and its two-hundred day moving average is $23.79. The company has a market cap of $360.57 million, a price-to-earnings ratio of 18.65 and a beta of 0.86. Nature’s Sunshine Products, Inc. has a one year low of $12.97 and a one year high of $28.14.

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

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Report on Nature’s Sunshine Products

Hedge Funds Weigh In On Nature’s Sunshine Products

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 first quarter valued at $174,000. Geode Capital Management LLC increased its stake in Nature’s Sunshine Products by 9.4% in the second quarter. Geode Capital Management LLC now owns 317,731 shares of the company’s stock valued at $4,700,000 after purchasing an additional 27,300 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Nature’s Sunshine Products by 16.1% in the second quarter. JPMorgan Chase & Co. now owns 228,698 shares of the company’s stock valued at $3,382,000 after purchasing an additional 31,696 shares during the last quarter. Rhumbline Advisers increased its stake in Nature’s Sunshine Products by 9.7% in the second quarter. Rhumbline Advisers now owns 21,180 shares of the company’s stock valued at $313,000 after purchasing an additional 1,875 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in Nature’s Sunshine Products by 91.9% in the second quarter. Russell Investments Group Ltd. now owns 23,787 shares of the company’s stock valued at $348,000 after purchasing an additional 11,389 shares during the last quarter. 79.40% of the stock is currently owned by institutional investors and hedge funds.

About Nature’s Sunshine Products

(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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Insider Buying and Selling by Quarter for Nature's Sunshine Products (NASDAQ:NATR)

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