Nature’s Sunshine Products (NASDAQ:NATR) Major Shareholder Prescott Group Capital Managem Purchases 20,000 Shares of Stock

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) major shareholder Prescott Group Capital Managem bought 20,000 shares of Nature’s Sunshine Products stock in a transaction dated Monday, August 17th. The stock was purchased at an average cost of $14.69 per share, with a total value of $293,800.00. Following the completion of the acquisition, the insider directly owned 1,944,486 shares in the company, valued at approximately $28,564,499.34. The trade was a 1.04% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Prescott Group Capital Managem also recently made the following trade(s):

• On Monday, August 10th, Prescott Group Capital Managem purchased 40,876 shares of Nature’s Sunshine Products stock. The shares were purchased at an average price of $15.84 per share, for a total transaction of $647,475.84.
• On Friday, August 7th, Prescott Group Capital Managem acquired 96,000 shares of Nature’s Sunshine Products stock. The stock was purchased at an average cost of $16.63 per share, with a total value of $1,596,480.00.
• On Thursday, August 6th, Prescott Group Capital Managem bought 4,513 shares of Nature’s Sunshine Products stock. The stock was acquired at an average cost of $16.57 per share, for a total transaction of $74,780.41.

Nature’s Sunshine Products Trading Down 0.6%

NATR stock traded down $0.09 on Wednesday, hitting $14.56. The company’s stock had a trading volume of 150,459 shares, compared to its average volume of 131,563. Nature’s Sunshine Products, Inc. has a 1 year low of $12.97 and a 1 year high of $28.14. The stock has a market cap of $256.26 million, a price-to-earnings ratio of 14.42 and a beta of 0.88. The firm has a 50 day moving average of $19.94 and a two-hundred day moving average of $23.05.

Nature’s Sunshine Products (NASDAQ:NATR) last announced its earnings results on Thursday, August 6th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.06). Nature’s Sunshine Products had a return on equity of 12.88% and a net margin of 3.68%.The business had revenue of $116.99 million for the quarter, compared to analyst estimates of $123.70 million.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on NATR shares. Canaccord Genuity Group cut their target price on Nature’s Sunshine Products from $37.00 to $36.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Weiss Ratings downgraded Nature’s Sunshine Products from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. Wall Street Zen cut shares of Nature’s Sunshine Products from a “buy” rating to a “hold” rating in a research note on Sunday. Finally, DA Davidson cut their price target on shares of Nature’s Sunshine Products from $33.00 to $25.00 and set a “buy” rating for the company in a report on Monday, August 10th. 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, Nature’s Sunshine Products has an average rating of “Moderate Buy” and an average target price of $30.50.

Institutional Trading of Nature’s Sunshine Products

Large investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Nature’s Sunshine Products in the second quarter valued at approximately $21,561,000. Punch & Associates Investment Management Inc. acquired a new position in shares of Nature’s Sunshine Products during the 2nd quarter worth approximately $7,412,000. Boston Partners acquired a new stake in shares of Nature’s Sunshine Products during the fourth quarter valued at $4,544,000. Manatuck Hill Partners LLC acquired a new position in shares of Nature’s Sunshine Products in the second quarter valued at approximately $1,923,000. Finally, Man Group plc purchased a new position in shares of Nature’s Sunshine Products during the 2nd quarter worth $2,766,000. Institutional investors and hedge funds own 79.40% of the company’s stock.

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.