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

Shares of Nature’s Sunshine Products, Inc. (NASDAQ:NATR) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $23.80 and traded as low as $21.20. Nature’s Sunshine Products shares last traded at $21.28, with a volume of 302,096 shares traded.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on NATR. Weiss Ratings lowered Nature’s Sunshine Products from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday. Canaccord Genuity Group set a $37.00 price target on Nature’s Sunshine Products in a report on Friday, May 8th. Finally, DA Davidson reiterated a “buy” rating and set a $33.00 price target on shares of Nature’s Sunshine Products in a report on Monday, May 11th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $35.00.

Nature’s Sunshine Products Stock Down 2.6%

The firm has a market capitalization of $374.21 million, a P/E ratio of 19.35 and a beta of 0.95. The business has a 50-day moving average price of $24.50 and a 200-day moving average price of $23.80.

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

Insider Buying and Selling

In other Nature’s Sunshine Products news, EVP Bryant J. Yates sold 19,516 shares of the company’s stock in a transaction on Friday, March 13th. The stock was 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 $2,073,499.90. This represents a 18.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Jonathan David Lanoy sold 4,000 shares of the company’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $24.70, for a total value of $98,800.00. Following the completion of the sale, the chief accounting officer owned 46,405 shares in the company, valued at $1,146,203.50. This trade represents a 7.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 50,914 shares of company stock valued at $1,213,613. 3.10% of the stock is currently owned by insiders.

Institutional Trading of Nature’s Sunshine Products

Large investors have recently bought and sold shares of the stock. State of Alaska Department of Revenue bought a new stake in Nature’s Sunshine Products in the fourth quarter valued at $31,000. New York State Teachers Retirement System bought a new stake in Nature’s Sunshine Products in the first quarter valued at $37,000. Raymond James Financial Inc. bought a new stake in Nature’s Sunshine Products in the second quarter valued at $37,000. Clearstead Advisors LLC grew its position in 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 valued at $42,000 after acquiring an additional 1,923 shares during the period. Finally, McIlrath & Eck LLC bought a new stake in Nature’s Sunshine Products in the first quarter valued at $48,000. 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.