Acadian Asset Management LLC Raises Holdings in Nature’s Sunshine Products, Inc. $NATR

Acadian Asset Management LLC raised its holdings in shares of Nature’s Sunshine Products, Inc. (NASDAQ:NATR) by 1.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 473,533 shares of the company’s stock after purchasing an additional 7,281 shares during the period. Acadian Asset Management LLC owned approximately 2.58% of Nature’s Sunshine Products worth $5,933,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Jane Street Group LLC purchased a new position in shares of Nature’s Sunshine Products in the 1st quarter worth $174,000. Russell Investments Group Ltd. boosted its stake in shares of Nature’s Sunshine Products by 351.2% in the 1st quarter. Russell Investments Group Ltd. now owns 12,398 shares of the company’s stock worth $156,000 after buying an additional 9,650 shares during the last quarter. Nuveen LLC purchased a new position in shares of Nature’s Sunshine Products in the 1st quarter worth $437,000. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Nature’s Sunshine Products by 80.1% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 38,602 shares of the company’s stock worth $484,000 after buying an additional 17,168 shares during the last quarter. Finally, Mackenzie Financial Corp bought a new position in Nature’s Sunshine Products in the 1st quarter worth $287,000. 79.40% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NATR has been the topic of a number of recent research reports. Canaccord Genuity Group raised their target price on Nature’s Sunshine Products from $21.00 to $22.00 and gave the stock a “buy” rating in a report on Friday, August 1st. DA Davidson reaffirmed a “buy” rating and issued a $19.00 target price on shares of Nature’s Sunshine Products in a report on Tuesday, June 3rd. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $20.50.

Nature’s Sunshine Products Trading Down 0.5%

NATR opened at $16.96 on Friday. The firm has a market cap of $299.17 million, a P/E ratio of 22.92 and a beta of 1.11. Nature’s Sunshine Products, Inc. has a 12 month low of $11.01 and a 12 month high of $18.06. The stock has a 50-day moving average of $15.97 and a 200 day moving average of $14.39.

Nature’s Sunshine Products (NASDAQ:NATR) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.16 by $0.19. Nature’s Sunshine Products had a return on equity of 10.19% and a net margin of 3.06%.The company had revenue of $114.75 million during the quarter, compared to analyst estimates of $113.10 million. Nature’s Sunshine Products has set its FY 2025 guidance at EPS.

Insider Activity at Nature’s Sunshine Products

In other news, CAO Jonathan David Lanoy sold 5,000 shares of Nature’s Sunshine Products stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $16.51, for a total transaction of $82,550.00. Following the completion of the sale, the chief accounting officer owned 50,051 shares of the company’s stock, valued at approximately $826,342.01. The trade was a 9.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Nathan G. Brower sold 9,996 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $16.54, for a total transaction of $165,333.84. Following the completion of the transaction, the executive vice president directly owned 48,277 shares of the company’s stock, valued at $798,501.58. This trade represents a 17.15% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,879,275 shares of company stock worth $33,123,599. Insiders own 4.70% of the company’s stock.

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.