Insider Selling: Nature’s Sunshine Products (NASDAQ:NATR) EVP Sells 1,700 Shares of Stock

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) EVP Bryant Yates sold 1,700 shares of Nature’s Sunshine Products 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 sale, the executive vice president directly owned 98,604 shares of the company’s stock, valued at $2,197,883.16. This trade represents a 1.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Nature’s Sunshine Products Trading Down 3.6%

Shares of NATR traded down $0.84 during trading hours on Tuesday, hitting $22.39. 69,380 shares of the stock traded hands, compared to its average volume of 81,557. The business has a fifty day moving average of $17.80 and a 200-day moving average of $16.40. The firm has a market capitalization of $391.84 million, a PE ratio of 27.78 and a beta of 0.97. 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 announced its quarterly earnings data 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 analysts’ expectations of $119.39 million.

Analysts Set New Price Targets

A number of analysts have commented on NATR shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nature’s Sunshine Products in a report on Monday, December 8th. DA Davidson raised their price target on Nature’s Sunshine Products from $21.00 to $23.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $22.50.

Hedge Funds Weigh In On Nature’s Sunshine Products

Hedge funds and other institutional investors have recently made changes to their positions in the company. Russell Investments Group Ltd. raised its holdings in 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 buying an additional 9,650 shares during the period. Acadian Asset Management LLC boosted its holdings in shares of Nature’s Sunshine Products by 17.9% in the second quarter. Acadian Asset Management LLC now owns 558,169 shares of the company’s stock valued at $8,241,000 after buying an additional 84,636 shares during the period. Strs Ohio bought a new stake in shares of Nature’s Sunshine Products during the first quarter worth $375,000. Nuveen LLC acquired a new stake in shares of Nature’s Sunshine Products during the first quarter worth $437,000. Finally, AWM Investment Company Inc. bought a new stake in Nature’s Sunshine Products in the 2nd quarter valued at $5,176,000. 79.40% of the stock is owned by institutional investors.

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.