Natural Alternatives International Inc (NAII): Edward Borg , 10% owner of Natural Alternatives International Inc sold 76,522 shares on Jun 3, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $11.65 per share for a total value of $891,481.31 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 13, 2016, Edward Borg (10% owner) sold 102,000 shares at $12.74 per share price.On Feb 17, 2016, Lee G Weldon (director) sold 5,600 shares at $10.10 per share price.Also, On Mar 10, 2015, Mark A Ledoux (CEO/Chairman) sold 12,851 shares at $5.48 per share price.
Shares of Natural Alternatives International (NAII) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.89 points or -7.26% at $11.37 with 1,86,017 shares getting traded. Post opening the session at $12.26, the shares hit an intraday low of $11.23 and an intraday high of $12.41 and the price vacillated in this range throughout the day. The company has a market cap of $78 M and the number of outstanding shares has been calculated to be 68,68,627 shares. The 52-week high of Natural Alternatives International is $14.5 and the 52-week low is $5.4042.
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. It offers a range of nutritional products and services including scientific research clinical studies customer-specific nutritional product formulation marketing management and support packaging and delivery system design and international product registration assistance.