State of Wyoming Acquires Shares of 25,053 Nature’s Sunshine Products, Inc. $NATR

State of Wyoming bought a new position in shares of Nature’s Sunshine Products, Inc. (NASDAQ:NATR) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 25,053 shares of the company’s stock, valued at approximately $601,000. State of Wyoming owned 0.14% of Nature’s Sunshine Products as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Boston Partners purchased a new position in Nature’s Sunshine Products in the 4th quarter valued at approximately $4,544,000. Manatuck Hill Partners LLC purchased a new stake in shares of Nature’s Sunshine Products in the second quarter worth about $1,923,000. Vanguard Group Inc. boosted its position in shares of Nature’s Sunshine Products by 15.3% in the third quarter. Vanguard Group Inc. now owns 803,104 shares of the company’s stock valued at $12,464,000 after acquiring an additional 106,688 shares during the period. Hillsdale Investment Management Inc. boosted its position in shares of Nature’s Sunshine Products by 44.4% in the first quarter. Hillsdale Investment Management Inc. now owns 316,867 shares of the company’s stock valued at $7,602,000 after acquiring an additional 97,397 shares during the period. Finally, Kennedy Capital Management LLC grew its stake in Nature’s Sunshine Products by 14.6% during the third quarter. Kennedy Capital Management LLC now owns 675,764 shares of the company’s stock valued at $10,488,000 after acquiring an additional 86,128 shares in the last quarter. Institutional investors own 79.40% of the company’s stock.

Insider Activity at Nature’s Sunshine Products

In other Nature’s Sunshine Products news, EVP Daniel C. Norman sold 9,713 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $20.64, for a total value of $200,476.32. Following the completion of the transaction, the executive vice president owned 47,276 shares of the company’s stock, valued at $975,776.64. The trade was a 17.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Nathan G. Brower sold 12,015 shares of the firm’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $21.84, for a total transaction of $262,407.60. Following the sale, the executive vice president owned 43,438 shares in the company, valued at approximately $948,685.92. This trade represents a 21.67% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 35,696 shares of company stock valued at $742,407. Company insiders own 3.10% of the company’s stock.

Nature’s Sunshine Products Stock Down 0.6%

NASDAQ:NATR opened at $20.40 on Friday. The business’s 50-day moving average price is $20.97 and its two-hundred day moving average price is $23.65. Nature’s Sunshine Products, Inc. has a twelve month low of $12.97 and a twelve month high of $28.14. The stock has a market cap of $358.63 million, a P/E ratio of 18.55 and a beta of 0.87.

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

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on NATR shares. Weiss Ratings lowered shares of Nature’s Sunshine Products from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. Canaccord Genuity Group set a $37.00 price target on shares of Nature’s Sunshine Products in a report on Friday, May 8th. Finally, DA Davidson upgraded shares of Nature’s Sunshine Products to a “strong-buy” rating in a research report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $35.00.

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.