Key Points
- Nature's Sunshine Products EVP Nathan Brower sold 12,015 shares on May 21 at an average price of $21.84, totaling about $262,408. After the sale, he still owned 43,438 shares, a 21.67% reduction in his stake.
- The company’s stock was essentially flat at $21.85 and remains below both its 50-day and 200-day moving averages. Nature's Sunshine has a market cap of about $384 million and a P/E ratio of 19.86.
- Nature's Sunshine recently reported strong quarterly results, with EPS of $0.30 beating estimates by $0.10 and revenue of $122.89 million slightly above expectations. Analysts remain upbeat, with a consensus Buy rating and average price target of $35.00.
Nature's Sunshine Products, Inc. (NASDAQ:NATR - Get Free Report) EVP Nathan Brower sold 12,015 shares of the business's stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $21.84, for a total value of $262,407.60. Following the sale, the executive vice president owned 43,438 shares of the company's stock, valued at approximately $948,685.92. This represents a 21.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Nature's Sunshine Products Stock Down 0.0%
Nature's Sunshine Products stock opened at $21.85 on Friday. The business has a 50-day simple moving average of $24.74 and a two-hundred day simple moving average of $23.55. The company has a market cap of $384.23 million, a P/E ratio of 19.86 and a beta of 0.95. Nature's Sunshine Products, Inc. has a 52-week low of $12.97 and a 52-week high of $28.14.
Nature's Sunshine Products (NASDAQ:NATR - Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.20 by $0.10. The business had revenue of $122.89 million during 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
A number of equities research analysts have issued reports on NATR shares. Weiss Ratings upgraded Nature's Sunshine Products from a "buy (b-)" rating to a "buy (b)" rating in a research note on Monday, May 11th. Canaccord Genuity Group set a $37.00 price target on Nature's Sunshine Products in a research note on Friday, May 8th. Finally, DA Davidson restated a "buy" rating and set a $33.00 price target on shares of Nature's Sunshine Products in a research note on Monday, May 11th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $35.00.
Get Our Latest Stock Analysis on NATR
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in NATR. Hillsdale Investment Management Inc. boosted its stake in Nature's Sunshine Products by 107.9% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 170,804 shares of the company's stock worth $2,651,000 after purchasing an additional 88,657 shares during the period. SummerHaven Investment Management LLC bought a new position in Nature's Sunshine Products in the 3rd quarter worth approximately $843,000. Strs Ohio boosted its position in shares of Nature's Sunshine Products by 4.2% during the 3rd quarter. Strs Ohio now owns 35,100 shares of the company's stock valued at $545,000 after acquiring an additional 1,400 shares during the last quarter. Ritholtz Wealth Management bought a new position in shares of Nature's Sunshine Products during the 3rd quarter valued at approximately $186,000. Finally, CWM LLC boosted its position in shares of Nature's Sunshine Products by 147.0% during the 3rd quarter. CWM LLC now owns 2,075 shares of the company's stock valued at $32,000 after acquiring an additional 1,235 shares during the last quarter. 79.40% of the stock is currently owned by institutional investors.
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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