Nature’s Sunshine Prod. (NASDAQ:NATR), saw an insider raise his exposure to the company through a transaction officially filed today, August 19th. Chief Executive Operator Gregory Probert bought 10,000 shares at prices ranging from $15.615 to $16.08 per share. Following this transaction, Probert now holds a total of 37,000 shares directly in the corporation. A $261.52 million market cap company, Nature’s Sunshine Prod. (NASDAQ:NATR), 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.
In addition, there are multiple hedge funds involved with the company. Red Mountain Capital, the hedge fund run by Willem Mesdag reported a 2% decrease in its activity last quarter, now holding 2.4 million shares with a market value of nearly $41 million; while Phil Frohlich‘s Prescott Group Capital Management has 1.87 million shares worth approximately 31.6 million invested in Nature’s Sunshine Prod. (NASDAQ:NATR).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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