Nature’s Sunshine Products (NASDAQ:NATR) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $17.61 and traded as high as $24.13. Nature’s Sunshine Products shares last traded at $24.07, with a volume of 182,857 shares changing hands.

Wall Street Analyst Weigh In

NATR has been the subject of a number of analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nature’s Sunshine Products in a research note on Monday, December 29th. DA Davidson increased their price target on shares of Nature’s Sunshine Products from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Monday, November 10th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $22.50.

Nature’s Sunshine Products Stock Up 6.3%

The business has a 50-day simple moving average of $21.48 and a 200-day simple moving average of $17.62. The stock has a market cap of $421.13 million, a P/E ratio of 29.72 and a beta of 0.93.

Nature’s Sunshine Products (NASDAQ:NATR) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.18. The company had revenue of $88.99 million during the quarter, compared to analysts’ expectations of $119.39 million. Nature’s Sunshine Products had a net margin of 3.18% and a return on equity of 10.86%.

Insider Activity at Nature’s Sunshine Products

In other news, CAO Jonathan David Lanoy sold 5,000 shares of the business’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $20.45, for a total transaction of $102,250.00. Following the transaction, the chief accounting officer owned 46,233 shares in the company, valued at approximately $945,464.85. The trade was a 9.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Nathan G. Brower sold 3,800 shares of the company’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $20.81, for a total transaction of $79,078.00. Following the transaction, the executive vice president directly owned 46,735 shares of the company’s stock, valued at $972,555.35. This represents a 7.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 19,384 shares of company stock worth $400,988. Insiders own 4.70% of the company’s stock.

Institutional Trading of Nature’s Sunshine Products

Institutional investors and hedge funds have recently modified their holdings of the company. SG Americas Securities LLC acquired a new position in shares of Nature’s Sunshine Products in the fourth quarter valued at $121,000. Jacobs Levy Equity Management Inc. raised its stake in shares of Nature’s Sunshine Products by 49.7% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 109,768 shares of the company’s stock valued at $1,704,000 after buying an additional 36,450 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Nature’s Sunshine Products by 2,113.6% during the 3rd quarter. NewEdge Advisors LLC now owns 15,606 shares of the company’s stock worth $242,000 after acquiring an additional 14,901 shares during the period. Verition Fund Management LLC acquired a new stake in shares of Nature’s Sunshine Products during the 3rd quarter valued at about $210,000. Finally, Qube Research & Technologies Ltd boosted its position in shares of Nature’s Sunshine Products by 459.8% during the 3rd quarter. Qube Research & Technologies Ltd now owns 66,454 shares of the company’s stock valued at $1,031,000 after acquiring an additional 54,582 shares in the last quarter. 79.40% of the stock is currently owned by institutional investors.

About Nature’s Sunshine Products

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.