Vanguard Group Inc. grew its position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 2.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 233,946 shares of the company’s stock after acquiring an additional 6,600 shares during the quarter. Vanguard Group Inc. owned 3.55% of Natural Alternatives International worth $2,339,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in NAII. Municipal Employees Retirement System of Michigan raised its stake in shares of Natural Alternatives International by 24.4% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 34,060 shares of the company’s stock worth $341,000 after purchasing an additional 6,690 shares in the last quarter. Wedbush Securities Inc. raised its stake in shares of Natural Alternatives International by 5.1% during the 2nd quarter. Wedbush Securities Inc. now owns 41,467 shares of the company’s stock worth $413,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of Natural Alternatives International by 4.4% during the 2nd quarter. Wells Fargo & Company MN now owns 186,530 shares of the company’s stock worth $1,856,000 after purchasing an additional 7,812 shares in the last quarter. 28.74% of the stock is owned by hedge funds and other institutional investors.
In other news, Director Lee G. Weldon sold 3,000 shares of the company’s stock in a transaction that occurred on Sunday, October 1st. The stock was sold at an average price of $10.65, for a total transaction of $31,950.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 29.51% of the company’s stock.
Natural Alternatives International (NASDAQ:NAII) last announced its quarterly earnings data on Monday, November 13th. The company reported $0.21 earnings per share (EPS) for the quarter. Natural Alternatives International had a return on equity of 10.18% and a net margin of 5.33%. The company had revenue of $28.07 million for the quarter.
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Natural Alternatives International Company Profile
Natural Alternatives International, Inc is a formulator, manufacturer and marketer of nutritional supplements. The Company operates through three segments: private-label contract manufacturing, patent and trademark licensing, and branded products. The private-label contract manufacturing segment primarily relates to the provision of private-label contract manufacturing services to companies that market and distribute nutritional supplements and other healthcare products.
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