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

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) EVP Bryant Yates sold 1,700 shares of the firm’s stock in a transaction that occurred 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 owned 98,604 shares of the company’s stock, valued at approximately $2,197,883.16. The trade was a 1.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Nature’s Sunshine Products Price Performance

NASDAQ:NATR opened at $22.37 on Thursday. The firm’s 50-day moving average price is $18.09 and its 200-day moving average price is $16.49. The company has a market capitalization of $391.48 million, a PE ratio of 27.62 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 posted its quarterly earnings data on Thursday, November 6th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.18 by $0.18. The business had revenue of $88.99 million for the quarter, compared to analyst estimates of $119.39 million. Nature’s Sunshine Products had a net margin of 3.18% and a return on equity of 10.86%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in NATR. Ameriprise Financial Inc. raised its position in Nature’s Sunshine Products by 1.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 54,008 shares of the company’s stock valued at $799,000 after purchasing an additional 753 shares during the last quarter. CWM LLC grew its position in Nature’s Sunshine Products by 147.0% during the 3rd quarter. CWM LLC now owns 2,075 shares of the company’s stock worth $32,000 after purchasing an additional 1,235 shares during the last quarter. First Trust Advisors LP increased its stake in Nature’s Sunshine Products by 3.4% in the second quarter. First Trust Advisors LP now owns 39,099 shares of the company’s stock valued at $578,000 after purchasing an additional 1,271 shares during the period. Strs Ohio raised its holdings in shares of Nature’s Sunshine Products by 4.2% in the third quarter. Strs Ohio now owns 35,100 shares of the company’s stock valued at $545,000 after buying an additional 1,400 shares during the last quarter. Finally, Rhumbline Advisers raised its holdings in shares of Nature’s Sunshine Products by 9.7% in the second quarter. Rhumbline Advisers now owns 21,180 shares of the company’s stock valued at $313,000 after buying an additional 1,875 shares during the last quarter. 79.40% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on NATR. Weiss Ratings restated a “hold (c+)” rating on shares of Nature’s Sunshine Products in a research note on Monday. DA Davidson increased their target price on Nature’s Sunshine Products from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Monday, November 10th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.50.

About Nature’s Sunshine Products

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.