Nature’s Sunshine Products (NASDAQ:NATR) Major Shareholder Prescott Group Capital Managem Acquires 4,513 Shares

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) major shareholder Prescott Group Capital Managem bought 4,513 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was bought at an average price of $16.57 per share, with a total value of $74,780.41. Following the completion of the acquisition, the insider owned 1,787,610 shares in the company, valued at $29,620,697.70. This represents a 0.25% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions 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, with a total value of $647,475.84.
• On Friday, August 7th, Prescott Group Capital Managem purchased 96,000 shares of Nature’s Sunshine Products stock. The shares were purchased at an average cost of $16.63 per share, for a total transaction of $1,596,480.00.

Nature’s Sunshine Products Stock Performance

NATR opened at $15.77 on Tuesday. The stock has a market capitalization of $277.55 million, a PE ratio of 15.61 and a beta of 0.88. Nature’s Sunshine Products, Inc. has a one year low of $12.97 and a one year high of $28.14. The business’s 50 day moving average price is $20.52 and its 200 day moving average price is $23.44.

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

Institutional Trading of Nature’s Sunshine Products

A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in Nature’s Sunshine Products during the second quarter worth approximately $21,561,000. Boston Partners acquired a new position in Nature’s Sunshine Products in the fourth quarter valued at approximately $4,544,000. Manatuck Hill Partners LLC purchased a new position in Nature’s Sunshine Products in the second quarter valued at approximately $1,923,000. Arrowstreet Capital Limited Partnership increased its stake in Nature’s Sunshine Products by 268.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 171,850 shares of the company’s stock valued at $4,123,000 after purchasing an additional 125,264 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in Nature’s Sunshine Products by 15.3% during the third quarter. Vanguard Group Inc. now owns 803,104 shares of the company’s stock worth $12,464,000 after purchasing an additional 106,688 shares in the last quarter. 79.40% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on NATR shares. DA Davidson dropped their target price 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. Weiss Ratings lowered Nature’s Sunshine Products from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. Canaccord Genuity Group dropped their price objective 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. Finally, Wall Street Zen downgraded Nature’s Sunshine Products from a “strong-buy” rating to a “buy” rating in a report on Saturday. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $30.50.

About Nature’s Sunshine Products

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.