Nature’s Sunshine Products, Inc. (NASDAQ:NATR) Shares Bought by Wasatch Advisors LP

Wasatch Advisors LP boosted its holdings in shares of Nature’s Sunshine Products, Inc. (NASDAQ:NATR) by 20.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 518,161 shares of the company’s stock after buying an additional 88,433 shares during the quarter. Wasatch Advisors LP owned 2.75% of Nature’s Sunshine Products worth $10,762,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hillsdale Investment Management Inc. raised its holdings in shares of Nature’s Sunshine Products by 50.3% in the 4th quarter. Hillsdale Investment Management Inc. now owns 198,730 shares of the company’s stock valued at $3,436,000 after purchasing an additional 66,500 shares in the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of Nature’s Sunshine Products in the 4th quarter valued at $410,000. Jump Financial LLC acquired a new stake in shares of Nature’s Sunshine Products in the 4th quarter valued at $208,000. Williams & Novak LLC acquired a new stake in Nature’s Sunshine Products during the 4th quarter worth $201,000. Finally, Allspring Global Investments Holdings LLC acquired a new stake in Nature’s Sunshine Products during the 4th quarter worth $139,000. 79.40% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, DA Davidson lifted their price target on shares of Nature’s Sunshine Products from $21.50 to $24.00 and gave the stock a “buy” rating in a research note on Wednesday, March 13th.

Nature’s Sunshine Products Stock Up 0.1 %

NASDAQ:NATR traded up $0.02 during midday trading on Tuesday, hitting $15.02. 35,777 shares of the company were exchanged, compared to its average volume of 57,672. The company has a fifty day simple moving average of $16.10 and a 200 day simple moving average of $17.55. Nature’s Sunshine Products, Inc. has a fifty-two week low of $13.02 and a fifty-two week high of $21.72. The company has a current ratio of 2.33, a quick ratio of 1.42 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $281.32 million, a PE ratio of 17.67 and a beta of 0.87.

Nature’s Sunshine Products (NASDAQ:NATR) last announced its quarterly earnings results on Tuesday, May 7th. The company reported $0.12 EPS for the quarter. Nature’s Sunshine Products had a net margin of 3.69% and a return on equity of 10.59%. The firm had revenue of $110.99 million for the quarter.

Insiders Place Their Bets

In other Nature’s Sunshine Products news, EVP Bryant J. Yates sold 3,068 shares of the firm’s stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $15.30, for a total transaction of $46,940.40. Following the transaction, the executive vice president now directly owns 98,852 shares of the company’s stock, valued at approximately $1,512,435.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 4.90% of the stock is currently owned by insiders.

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.