Natural Alternatives International Inc. (NASDAQ:NAII) Director Lee G. Weldon sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, September 23rd. The stock was sold at an average price of $11.90, for a total value of $23,800.00. Following the completion of the sale, the director now owns 63,961 shares of the company’s stock, valued at approximately $761,135.90. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Shares of Natural Alternatives International Inc. (NASDAQ:NAII) opened at 13.14 on Thursday. The firm has a 50 day moving average price of $10.76 and a 200-day moving average price of $11.47. Natural Alternatives International Inc. has a 12 month low of $5.40 and a 12 month high of $14.50. The company has a market cap of $86.17 million, a P/E ratio of 9.12 and a beta of 0.54.
About Natural Alternatives International
Natural Alternatives International, Inc is a formulator, manufacturer and marketer of nutritional supplements. The Company operates through three segments: private-label contract manufacturing, which provides manufacturing services to companies that market and distribute nutritional supplements and other healthcare products; patent and trademark licensing, which includes direct raw material sales and royalty income from its license and supply agreements associated with the sale and use of beta-alanine under its CarnosSyn trade name, and branded products, which markets and distributes branded nutritional supplements and consists primarily of the products sold under its Pathway to Healing product line.
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