Nature’s Sunshine Products (NASDAQ:NATR) Share Price Passes Below 200 Day Moving Average – Should You Sell?

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $23.81 and traded as low as $19.73. Nature’s Sunshine Products shares last traded at $19.76, with a volume of 104,963 shares trading hands.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on NATR shares. Canaccord Genuity Group set a $37.00 price target on shares of Nature’s Sunshine Products in a report on Friday, May 8th. DA Davidson reissued a “buy” rating and set a $33.00 price target on shares of Nature’s Sunshine Products in a report on Monday, May 11th. Finally, Weiss Ratings downgraded shares of Nature’s Sunshine Products from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, May 26th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Nature’s Sunshine Products presently has a consensus rating of “Buy” and a consensus price target of $35.00.

Nature’s Sunshine Products Stock Down 0.2%

The business’s 50 day moving average is $24.06 and its two-hundred day moving average is $23.81. The firm has a market capitalization of $347.38 million, a P/E ratio of 17.96 and a beta of 0.86.

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

Insider Activity at Nature’s Sunshine Products

In other Nature’s Sunshine Products news, EVP Bryant J. Yates sold 19,516 shares of the business’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $24.35, for a total value of $475,214.60. Following the sale, the executive vice president directly owned 85,154 shares in the company, valued at approximately $2,073,499.90. The trade was a 18.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Daniel C. Norman sold 9,713 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $20.64, for a total transaction of $200,476.32. Following the completion of the sale, the executive vice president owned 47,276 shares in the company, valued at approximately $975,776.64. This trade represents a 17.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 60,627 shares of company stock valued at $1,414,090 in the last ninety days. Company insiders own 3.10% of the company’s stock.

Institutional Investors Weigh In On Nature’s Sunshine Products

Hedge funds and other institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its stake in Nature’s Sunshine Products by 2.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 913,791 shares of the company’s stock worth $14,181,000 after purchasing an additional 20,037 shares in the last quarter. Vanguard Group Inc. grew its stake in Nature’s Sunshine Products by 15.3% during the 3rd quarter. Vanguard Group Inc. now owns 803,104 shares of the company’s stock valued at $12,464,000 after acquiring an additional 106,688 shares in the last quarter. Kennedy Capital Management LLC grew its stake in Nature’s Sunshine Products by 14.6% during the 3rd quarter. Kennedy Capital Management LLC now owns 675,764 shares of the company’s stock valued at $10,488,000 after acquiring an additional 86,128 shares in the last quarter. Renaissance Technologies LLC grew its stake in Nature’s Sunshine Products by 1.5% during the 1st quarter. Renaissance Technologies LLC now owns 531,924 shares of the company’s stock valued at $12,761,000 after acquiring an additional 7,827 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Nature’s Sunshine Products by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 360,546 shares of the company’s stock valued at $7,782,000 after buying an additional 1,980 shares in the last quarter. 79.40% of the stock is currently 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.