Nature’s Sunshine Products CEO Acquires $158,500 in Stock (NATR)
Nature’s Sunshine Products (NASDAQ:NATR) CEO Gregory Probert bought 10,000 shares of the company’s stock on the open market in a transaction dated Monday, August 18th. The shares were purchased at an average price of $15.85 per share, with a total value of $158,500.00. Following the completion of the purchase, the chief executive officer now directly owns 37,000 shares of the company’s stock, valued at approximately $586,450. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Nature’s Sunshine Products (NASDAQ:NATR) opened at 16.52 on Thursday. Nature’s Sunshine Products has a one year low of $12.91 and a one year high of $19.92. The stock has a 50-day moving average of $16.04 and a 200-day moving average of $14.99. The company has a market cap of $267.7 million and a price-to-earnings ratio of 13.82.
Nature’s Sunshine Products (NASDAQ:NATR) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by $0.07. Analysts expect that Nature’s Sunshine Products will post $1.29 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, August 29th. Stockholders 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 2.46%. The ex-dividend date of this dividend is Thursday, August 14th.
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.
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.