Nature’s Sunshine Products (NASDAQ:NATR) EVP Kevin Herbert Sells 2,000 Shares

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) EVP Kevin Herbert sold 2,000 shares of Nature’s Sunshine Products stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $20.68, for a total transaction of $41,360.00. Following the sale, the executive vice president owned 48,866 shares of the company’s stock, valued at approximately $1,010,548.88. The trade was a 3.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Nature’s Sunshine Products Price Performance

Shares of Nature’s Sunshine Products stock opened at $20.04 on Tuesday. Nature’s Sunshine Products, Inc. has a 1 year low of $12.97 and a 1 year high of $28.14. The company has a market capitalization of $352.30 million, a P/E ratio of 18.22 and a beta of 0.86. The business has a 50 day moving average price of $23.68 and a 200 day moving average price of $23.81.

Nature’s Sunshine Products (NASDAQ:NATR) last issued its quarterly earnings data 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. 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.

Institutional Trading of Nature’s Sunshine Products

Several institutional investors have recently made changes to their positions in the stock. First Trust Advisors LP grew its stake in shares of Nature’s Sunshine Products by 1.7% during the 4th quarter. First Trust Advisors LP now owns 44,803 shares of the company’s stock valued at $967,000 after buying an additional 736 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Nature’s Sunshine Products by 1.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 54,008 shares of the company’s stock valued at $799,000 after buying an additional 753 shares during the period. R Squared Ltd grew its stake in shares of Nature’s Sunshine Products by 7.7% during the 1st quarter. R Squared Ltd now owns 15,340 shares of the company’s stock valued at $368,000 after buying an additional 1,092 shares during the period. State of Alaska Department of Revenue purchased a new stake in shares of Nature’s Sunshine Products during the 4th quarter valued at $31,000. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Nature’s Sunshine Products by 3.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 49,798 shares of the company’s stock valued at $1,075,000 after buying an additional 1,513 shares during the period. 79.40% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on NATR shares. Canaccord Genuity Group set a $37.00 target price on shares of Nature’s Sunshine Products in a research note on Friday, May 8th. DA Davidson reaffirmed 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. Finally, Weiss Ratings cut shares of Nature’s Sunshine Products from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target 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.