Natural Alternatives International Inc. (NASDAQ:NAII) Director Lee G. Weldon sold 2,000 shares of the business’s stock in a transaction dated Friday, September 23rd. The stock was sold at an average price of $11.90, for a total transaction of $23,800.00. Following the sale, the director now directly owns 63,961 shares in the company, valued at approximately $761,135.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shares of Natural Alternatives International Inc. (NASDAQ:NAII) opened at 12.91 on Friday. The company has a market cap of $84.66 million, a price-to-earnings ratio of 8.97 and a beta of 0.54. Natural Alternatives International Inc. has a 1-year low of $5.40 and a 1-year high of $14.50. The company’s 50-day moving average is $10.84 and its 200 day moving average is $11.48.
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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