Insider Buying: Wynnefield Partners Small Cap Buys 7,200 Shares of Nature’s Sunshine Products Stock (NATR)
Nature’s Sunshine Products (NASDAQ:NATR) major shareholder Wynnefield Partners Small Cap acquired 7,200 shares of the stock on the open market in a transaction dated Thursday, August 7th. The shares were purchased at an average price of $15.57 per share, for a total transaction of $112,104.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Separately, analysts at Singular Research initiated coverage on shares of Nature’s Sunshine Products in a research note on Monday, June 2nd. They set a “buy” rating and a $20.00 price target on the stock.
Shares of Nature’s Sunshine Products (NASDAQ:NATR) traded down 0.69% during mid-day trading on Tuesday, hitting $15.77. The stock had a trading volume of 6,976 shares. Nature’s Sunshine Products has a 1-year low of $12.91 and a 1-year high of $19.94. The stock’s 50-day moving average is $16.16 and its 200-day moving average is $15.00. The company has a market cap of $255.5 million and a price-to-earnings ratio of 13.43.
Nature’s Sunshine Products (NASDAQ:NATR) last released its earnings data on Wednesday, August 6th. The company reported $0.20 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.27 by $0.07. Analysts expect that Nature’s Sunshine Products will post $1.35 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, August 29th. Shareholders of record on Monday, August 18th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend is Thursday, August 14th.
Nature’s Sunshine Products, Inc along with its subsidiaries, is a natural health and wellness company primarily engaged in the manufacturing and direct selling of nutritional and personal care products.
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