Insider Selling: Nature’s Sunshine Products (NASDAQ:NATR) CAO Sells $98,800.00 in Stock

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) CAO Jonathan David Lanoy sold 4,000 shares of Nature’s Sunshine Products stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $24.70, for a total value of $98,800.00. Following the completion of the sale, the chief accounting officer directly owned 46,405 shares in the company, valued at approximately $1,146,203.50. The trade was a 7.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Nature’s Sunshine Products Stock Down 4.1%

Nature’s Sunshine Products stock opened at $23.00 on Thursday. Nature’s Sunshine Products, Inc. has a 52-week low of $11.01 and a 52-week high of $28.14. The firm’s fifty day moving average is $25.25 and its 200 day moving average is $20.64. The company has a market cap of $402.73 million, a price-to-earnings ratio of 21.70 and a beta of 0.94.

Nature’s Sunshine Products (NASDAQ:NATR) last issued its quarterly earnings data on Tuesday, March 10th. The company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.11. The business had revenue of $123.81 million during the quarter, compared to analysts’ expectations of $121.62 million. Nature’s Sunshine Products had a net margin of 4.07% and a return on equity of 14.36%.

Analyst Ratings Changes

A number of brokerages have issued reports on NATR. Canaccord Genuity Group upped their price objective on Nature’s Sunshine Products from $22.00 to $29.00 and gave the company a “buy” rating in a research report on Tuesday, March 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nature’s Sunshine Products in a research report on Monday, December 29th. Finally, DA Davidson boosted their price target on Nature’s Sunshine Products from $23.00 to $33.00 and gave the company a “buy” rating in a report on Thursday, March 12th. Two equities research 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, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $31.00.

Hedge Funds Weigh In On Nature’s Sunshine Products

Hedge funds have recently modified their holdings of the stock. First Trust Advisors LP increased its stake in Nature’s Sunshine Products by 1.7% during the 4th quarter. First Trust Advisors LP now owns 44,803 shares of the company’s stock valued at $967,000 after purchasing an additional 736 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Nature’s Sunshine Products by 1.4% in the second quarter. Ameriprise Financial Inc. now owns 54,008 shares of the company’s stock worth $799,000 after acquiring an additional 753 shares during the period. R Squared Ltd increased its stake in shares of Nature’s Sunshine Products by 9.2% in the fourth quarter. R Squared Ltd now owns 14,248 shares of the company’s stock worth $307,000 after acquiring an additional 1,199 shares during the period. CWM LLC raised its holdings in shares of Nature’s Sunshine Products by 147.0% during the third quarter. CWM LLC now owns 2,075 shares of the company’s stock worth $32,000 after purchasing an additional 1,235 shares during the last quarter. Finally, Strs Ohio lifted its position in Nature’s Sunshine Products by 4.2% during the third quarter. Strs Ohio now owns 35,100 shares of the company’s stock valued at $545,000 after purchasing an additional 1,400 shares during the period. Institutional investors and hedge funds own 79.40% of the company’s stock.

Nature’s Sunshine Products Company Profile

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.