Nature’s Sunshine Products (NASDAQ:NATR) Major Shareholder Acquires $74,780.41 in Stock

Nature’s Sunshine Products, Inc. (NASDAQ:NATRGet Free Report) major shareholder Prescott Group Capital Managem purchased 4,513 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The shares were acquired at an average cost of $16.57 per share, with a total value of $74,780.41. Following the completion of the purchase, the insider owned 1,787,610 shares of the company’s stock, valued at $29,620,697.70. The trade was a 0.25% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Prescott Group Capital Managem also recently made the following trade(s):

  • On Monday, August 10th, Prescott Group Capital Managem purchased 40,876 shares of Nature’s Sunshine Products stock. The stock was bought at an average cost of $15.84 per share, for a total transaction of $647,475.84.
  • On Friday, August 7th, Prescott Group Capital Managem acquired 96,000 shares of Nature’s Sunshine Products stock. The stock was bought at an average price of $16.63 per share, with a total value of $1,596,480.00.

Nature’s Sunshine Products Price Performance

Shares of NASDAQ:NATR opened at $15.51 on Thursday. Nature’s Sunshine Products, Inc. has a fifty-two week low of $12.97 and a fifty-two week high of $28.14. The company has a market capitalization of $272.98 million, a price-to-earnings ratio of 15.36 and a beta of 0.88. The firm’s 50 day simple moving average is $20.33 and its 200 day simple moving average is $23.32.

Nature’s Sunshine Products (NASDAQ:NATRGet Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.06). The firm had revenue of $116.99 million for the quarter, compared to the consensus estimate of $123.70 million. Nature’s Sunshine Products had a return on equity of 12.88% and a net margin of 3.68%.

Institutional Investors Weigh In On Nature’s Sunshine Products

A number of hedge funds have recently made changes to their positions in the stock. State of Alaska Department of Revenue acquired a new stake in Nature’s Sunshine Products in the fourth quarter valued at approximately $31,000. New York State Teachers Retirement System bought a new stake in shares of Nature’s Sunshine Products in the 1st quarter valued at about $37,000. Raymond James Financial Inc. acquired a new stake in Nature’s Sunshine Products during the 2nd quarter valued at approximately $37,000. Clearstead Advisors LLC increased its position in shares of Nature’s Sunshine Products by 16,025.0% during the fourth quarter. Clearstead Advisors LLC now owns 1,935 shares of the company’s stock worth $42,000 after buying an additional 1,923 shares during the period. Finally, McIlrath & Eck LLC bought a new stake in Nature’s Sunshine Products during the first quarter valued at $48,000. 79.40% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

NATR has been the topic of several recent research reports. DA Davidson dropped their price target on Nature’s Sunshine Products from $33.00 to $25.00 and set a “buy” rating on the stock in a research note on Monday. 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, June 9th. Canaccord Genuity Group cut their price objective on Nature’s Sunshine Products from $37.00 to $36.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Finally, Wall Street Zen cut shares of Nature’s Sunshine Products from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $30.50.

Read Our Latest Analysis on Nature’s Sunshine Products

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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