Nature’s Sunshine Products (NASDAQ:NATR) EVP Bryant Yates Sells 11,968 Shares of Stock

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) EVP Bryant Yates sold 11,968 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $19.90, for a total transaction of $238,163.20. Following the completion of the sale, the executive vice president directly owned 77,446 shares of the company’s stock, valued at $1,541,175.40. The trade was a 13.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Nature’s Sunshine Products Stock Performance

Shares of NATR opened at $20.40 on Friday. The company has a 50 day moving average price of $23.84 and a 200-day moving average price of $23.81. Nature’s Sunshine Products, Inc. has a fifty-two week low of $12.97 and a fifty-two week high of $28.14. The stock has a market capitalization of $358.63 million, a PE ratio of 18.55 and a beta of 0.86.

Nature’s Sunshine Products (NASDAQ:NATR) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.20 by $0.10. The firm had revenue of $122.89 million during the quarter, compared to analyst estimates of $122.15 million. Nature’s Sunshine Products had a net margin of 4.06% and a return on equity of 14.67%.

Institutional Trading of Nature’s Sunshine Products

A number of hedge funds have recently added to or reduced their stakes in NATR. Hillsdale Investment Management Inc. increased its position in shares of Nature’s Sunshine Products by 107.9% during the third quarter. Hillsdale Investment Management Inc. now owns 170,804 shares of the company’s stock valued at $2,651,000 after acquiring an additional 88,657 shares during the last quarter. Aristides Capital LLC increased its position in shares of Nature’s Sunshine Products by 11.4% during the fourth quarter. Aristides Capital LLC now owns 40,907 shares of the company’s stock valued at $883,000 after acquiring an additional 4,184 shares during the last quarter. Punch & Associates Investment Management Inc. increased its position in shares of Nature’s Sunshine Products by 9.0% during the fourth quarter. Punch & Associates Investment Management Inc. now owns 340,000 shares of the company’s stock valued at $7,337,000 after acquiring an additional 28,000 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of Nature’s Sunshine Products during the fourth quarter valued at about $201,000. Finally, 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 valued at $42,000 after acquiring an additional 1,923 shares during the last quarter. 79.40% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NATR has been the topic of several recent research reports. Canaccord Genuity Group set a $37.00 price objective on shares of Nature’s Sunshine Products in a report on Friday, May 8th. Weiss Ratings downgraded shares of Nature’s Sunshine Products from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Finally, DA Davidson reaffirmed a “buy” rating and issued a $33.00 price objective on shares of Nature’s Sunshine Products in a report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Nature’s Sunshine Products has an average rating of “Moderate Buy” and an average target price of $35.00.

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.