Skylands Capital LLC Sells 128,100 Shares of Nature’s Sunshine Products, Inc. $NATR

Skylands Capital LLC lessened its position in shares of Nature’s Sunshine Products, Inc. (NASDAQ:NATR) by 70.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,650 shares of the company’s stock after selling 128,100 shares during the quarter. Skylands Capital LLC owned approximately 0.30% of Nature’s Sunshine Products worth $1,263,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. State of Alaska Department of Revenue bought a new position in Nature’s Sunshine Products in the fourth quarter worth $31,000. Raymond James Financial Inc. bought a new stake in Nature’s Sunshine Products in the 2nd quarter valued at $37,000. Clearstead Advisors LLC increased its holdings in Nature’s Sunshine Products by 16,025.0% in the 4th quarter. Clearstead Advisors LLC now owns 1,935 shares of the company’s stock valued at $42,000 after buying an additional 1,923 shares during the period. SG Americas Securities LLC acquired a new position in shares of Nature’s Sunshine Products in the 4th quarter valued at $121,000. Finally, Centiva Capital LP acquired a new position in shares of Nature’s Sunshine Products in the 3rd quarter valued at $157,000. 79.40% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Nature’s Sunshine Products news, EVP Daniel C. Norman sold 9,713 shares of the business’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $20.64, for a total value of $200,476.32. Following the transaction, the executive vice president owned 47,276 shares of the company’s stock, valued at approximately $975,776.64. The trade was a 17.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kevin R. Herbert sold 2,000 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $20.68, for a total value of $41,360.00. Following the sale, the executive vice president owned 48,866 shares in the company, valued at $1,010,548.88. The trade was a 3.93% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 35,696 shares of company stock worth $742,407. 3.10% of the stock is owned by company insiders.

Nature’s Sunshine Products Stock Performance

Shares of NASDAQ:NATR opened at $21.02 on Friday. The company’s fifty day moving average is $22.68 and its 200-day moving average is $23.76. Nature’s Sunshine Products, Inc. has a 52 week low of $12.97 and a 52 week high of $28.14. The company has a market capitalization of $369.53 million, a PE ratio of 19.11 and a beta of 0.86.

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

Analyst Ratings Changes

NATR has been the topic of several recent research reports. Canaccord Genuity Group set a $37.00 target price on shares of Nature’s Sunshine Products in a research report on Friday, May 8th. Weiss Ratings lowered shares of Nature’s Sunshine Products from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. Finally, DA Davidson reaffirmed a “buy” rating and set a $33.00 price objective on shares of Nature’s Sunshine Products in a report on Monday, May 11th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Nature’s Sunshine Products presently has an average rating of “Moderate Buy” and a consensus price target of $35.00.

Nature’s Sunshine Products 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.