Nature’s Sunshine Products (NASDAQ:NATR) EVP Bryant Yates Sells 1,700 Shares

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) EVP Bryant Yates sold 1,700 shares of the stock in a transaction on Friday, December 12th. The shares were sold at an average price of $22.29, for a total value of $37,893.00. Following the completion of the transaction, the executive vice president directly owned 98,604 shares in the company, valued at $2,197,883.16. This trade represents a 1.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Nature’s Sunshine Products Price Performance

Shares of NASDAQ NATR opened at $22.38 on Wednesday. The business has a 50-day moving average of $17.95 and a two-hundred day moving average of $16.45. The company has a market capitalization of $391.65 million, a price-to-earnings ratio of 27.63 and a beta of 0.98. Nature’s Sunshine Products, Inc. has a 1 year low of $11.01 and a 1 year high of $24.12.

Nature’s Sunshine Products (NASDAQ:NATR) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.18. The business had revenue of $88.99 million for the quarter, compared to the consensus estimate of $119.39 million. Nature’s Sunshine Products had a return on equity of 10.86% and a net margin of 3.18%.

Institutional Investors Weigh In On Nature’s Sunshine Products

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Nature’s Sunshine Products by 80.1% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 38,602 shares of the company’s stock valued at $484,000 after acquiring an additional 17,168 shares during the period. Nuveen LLC acquired a new position in shares of Nature’s Sunshine Products in the 1st quarter valued at $437,000. Russell Investments Group Ltd. raised its position in Nature’s Sunshine Products by 351.2% in the 1st quarter. Russell Investments Group Ltd. now owns 12,398 shares of the company’s stock valued at $156,000 after purchasing an additional 9,650 shares during the last quarter. Jane Street Group LLC purchased a new stake in Nature’s Sunshine Products in the 1st quarter valued at $174,000. Finally, Acadian Asset Management LLC boosted its stake in Nature’s Sunshine Products by 1.6% during the 1st quarter. Acadian Asset Management LLC now owns 473,533 shares of the company’s stock worth $5,933,000 after purchasing an additional 7,281 shares during the period. Hedge funds and other institutional investors own 79.40% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. DA Davidson raised their price objective on shares of Nature’s Sunshine Products from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, November 10th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nature’s Sunshine Products in a research report on Monday. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.50.

Nature’s Sunshine Products Company Profile

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.