Key Points
- EVP Bryant Yates sold 1,700 shares on December 12 at an average price of $22.29 for $37,893, leaving him with 98,604 shares — a 1.69% reduction in his ownership.
- Shares were trading down about 3.7% (opened at $22.38); the company reported Q earnings of $0.36 EPS (beat $0.18) while revenue missed at $88.99M versus $119.39M expected.
- The stock has a consensus rating of Moderate Buy with a $22.50 target (DA Davidson raised its target to $23), and roughly 79.4% of the shares are held by institutions.
Nature's Sunshine Products, Inc. (NASDAQ:NATR - Get Free Report) EVP Bryant Yates sold 1,700 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $22.29, for a total value of $37,893.00. Following the sale, the executive vice president directly owned 98,604 shares of the company's stock, valued at $2,197,883.16. The trade was a 1.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Nature's Sunshine Products Trading Down 3.7%
NASDAQ:NATR opened at $22.38 on Wednesday. Nature's Sunshine Products, Inc. has a 12-month low of $11.01 and a 12-month high of $24.12. The stock's 50 day simple moving average is $17.95 and its 200-day simple moving average is $16.45. The firm has a market cap of $391.65 million, a P/E ratio of 27.63 and a beta of 0.98.
Nature's Sunshine Products (NASDAQ:NATR - Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.18. Nature's Sunshine Products had a return on equity of 10.86% and a net margin of 3.18%.The firm had revenue of $88.99 million during the quarter, compared to the consensus estimate of $119.39 million.
Analyst Ratings Changes
NATR has been the topic of several analyst reports. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Nature's Sunshine Products in a report on Monday. DA Davidson raised their price objective on shares of Nature's Sunshine Products from $21.00 to $23.00 and gave the company a "buy" rating in a research report on Monday, November 10th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Nature's Sunshine Products presently has a consensus rating of "Moderate Buy" and a consensus target price of $22.50.
View Our Latest Stock Report on NATR
Hedge Funds Weigh In On Nature's Sunshine Products
A number of institutional investors and hedge funds have recently made changes to their positions in NATR. Russell Investments Group Ltd. boosted its stake in shares of Nature's Sunshine Products by 351.2% during the 1st quarter. Russell Investments Group Ltd. now owns 12,398 shares of the company's stock worth $156,000 after acquiring an additional 9,650 shares in the last quarter. Acadian Asset Management LLC increased its stake in Nature's Sunshine Products by 17.9% in the 2nd quarter. Acadian Asset Management LLC now owns 558,169 shares of the company's stock valued at $8,241,000 after purchasing an additional 84,636 shares in the last quarter. Strs Ohio acquired a new position in Nature's Sunshine Products during the first quarter worth $375,000. AWM Investment Company Inc. acquired a new position in Nature's Sunshine Products during the second quarter worth $5,176,000. Finally, Nuveen LLC purchased a new stake in Nature's Sunshine Products during the first quarter worth $437,000. 79.40% of the stock is owned by institutional investors and hedge funds.
About Nature's Sunshine Products
(
Get Free Report)
Nature's Sunshine Products, Inc, a natural health and wellness company, manufactures and sells nutritional and personal care products in Asia, Europe, North America, Latin America, and internationally. It offers general health products related to blood sugar support, bone health, cellular health, cognitive function, joint health, mood, sexual health, sleep, sports and energy, and vision.
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