Nature's Sunshine Products (NASDAQ:NATR) Major Shareholder Acquires 4,513 Shares of Stock

Key Points

• Prescott Group Capital Management increased its Nature’s Sunshine Products stake by purchasing 4,513 shares at $16.57 each, following additional purchases of 40,876 and 96,000 shares. Its holdings totaled 1.79 million shares after the transaction.
• Nature’s Sunshine reported quarterly EPS of $0.21, below the $0.27 analyst consensus, while revenue of $116.99 million also missed expectations of $123.70 million.
• NATR shares traded at $15.77, well below their 50-day and 200-day moving averages. Analysts maintained an overall “Moderate Buy” consensus with a $30.50 target price, despite recent target-price reductions.

Nature's Sunshine Products, Inc. (NASDAQ:NATR - Get Free Report) major shareholder Prescott Group Capital Managem bought 4,513 shares of the firm's stock in a transaction on Thursday, August 6th. The stock was acquired at an average price of $16.57 per share, for a total transaction of $74,780.41. Following the transaction, the insider owned 1,787,610 shares of the company's stock, valued at approximately $29,620,697.70. The trade was a 0.25% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 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 bought 40,876 shares of Nature's Sunshine Products stock. The stock was bought at an average cost of $15.84 per share, with a total value of $647,475.84.
• On Friday, August 7th, Prescott Group Capital Managem bought 96,000 shares of Nature's Sunshine Products stock. The stock was bought at an average cost of $16.63 per share, with a total value of $1,596,480.00.

Nature's Sunshine Products Stock Performance

Shares of NATR traded down $0.61 during mid-day trading on Monday, reaching $15.77. The company had a trading volume of 426,791 shares, compared to its average volume of 139,474. The company has a market capitalization of $277.55 million, a price-to-earnings ratio of 15.61 and a beta of 0.88. The company's 50 day simple moving average is $20.52 and its 200 day simple moving average is $23.44. Nature's Sunshine Products, Inc. has a 1-year low of $12.97 and a 1-year high of $28.14.

Nature's Sunshine Products (NASDAQ:NATR - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by ($0.06). The company had revenue of $116.99 million for the quarter, compared to analyst estimates of $123.70 million. Nature's Sunshine Products had a return on equity of 12.88% and a net margin of 3.68%.

Wall Street Analyst Weigh In

NATR has been the subject of several research analyst reports. Weiss Ratings downgraded shares of Nature's Sunshine Products from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, June 9th. Wall Street Zen downgraded Nature's Sunshine Products from a "strong-buy" rating to a "buy" rating in a report on Saturday. Canaccord Genuity Group reduced their price objective on Nature's Sunshine Products from $37.00 to $36.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Finally, DA Davidson lowered their target price on Nature's Sunshine Products from $33.00 to $25.00 and set a "buy" rating for the company in a report on Monday. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, Nature's Sunshine Products has a consensus rating of "Moderate Buy" and a consensus target price of $30.50.

Institutional Investors Weigh In On Nature's Sunshine Products

A number of institutional investors have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue acquired a new position in Nature's Sunshine Products in the 4th quarter valued at approximately $31,000. New York State Teachers Retirement System acquired a new position in shares of Nature's Sunshine Products during the first quarter worth $37,000. Raymond James Financial Inc. bought a new stake in shares of Nature's Sunshine Products in the second quarter worth $37,000. Clearstead Advisors LLC grew its stake in shares of Nature's Sunshine Products by 16,025.0% in the fourth quarter. Clearstead Advisors LLC now owns 1,935 shares of the company's stock worth $42,000 after purchasing an additional 1,923 shares during the last quarter. Finally, McIlrath & Eck LLC acquired a new stake in Nature's Sunshine Products in the first quarter valued at $48,000. 79.40% of the stock is owned by institutional investors.

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.

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