Nature’s Sunshine Products (NASDAQ:NATR) EVP Sells $262,407.60 in Stock

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) EVP Nathan Brower sold 12,015 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $21.84, for a total value of $262,407.60. Following the completion of the sale, the executive vice president directly owned 43,438 shares of the company’s stock, valued at $948,685.92. The trade was a 21.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Nature’s Sunshine Products Stock Up 0.0%

NASDAQ:NATR traded up $0.01 during trading hours on Friday, hitting $21.87. 20,495 shares of the company traded hands, compared to its average volume of 115,660. The firm’s 50-day simple moving average is $24.80 and its 200-day simple moving average is $23.57. Nature’s Sunshine Products, Inc. has a one year low of $12.97 and a one year high of $28.14. The company has a market cap of $384.39 million, a PE ratio of 19.88 and a beta of 0.95.

Nature’s Sunshine Products (NASDAQ:NATR) last posted its earnings results on Thursday, May 7th. The company reported $0.30 earnings per share (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%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Weiss Ratings raised shares of Nature’s Sunshine Products from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Canaccord Genuity Group set a $37.00 target price on shares of Nature’s Sunshine Products in a research report on Friday, May 8th. Finally, DA Davidson restated a “buy” rating and issued a $33.00 target price on shares of Nature’s Sunshine Products in a research note on Monday, May 11th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Nature’s Sunshine Products has an average rating of “Buy” and a consensus price target of $35.00.

Institutional Investors Weigh In On Nature’s Sunshine Products

Hedge funds have recently made changes to their positions in the business. State of Alaska Department of Revenue purchased a new position in shares of Nature’s Sunshine Products in the 4th quarter worth about $31,000. New York State Teachers Retirement System purchased a new stake in Nature’s Sunshine Products during the first quarter worth about $37,000. Clearstead Advisors LLC increased its holdings in 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 worth $42,000 after buying an additional 1,923 shares during the last quarter. McIlrath & Eck LLC bought a new stake in Nature’s Sunshine Products in the first quarter worth about $48,000. Finally, CWM LLC raised its position in Nature’s Sunshine Products by 147.0% in the third quarter. CWM LLC now owns 2,075 shares of the company’s stock worth $32,000 after acquiring an additional 1,235 shares during the period. 79.40% of the stock is currently owned by institutional investors.

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.