Perritt Capital Management Inc. grew its stake in Natural Alternatives International, Inc. (NASDAQ:NAII) by 7.1% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,140 shares of the company’s stock after purchasing an additional 1,140 shares during the quarter. Perritt Capital Management Inc. owned approximately 0.23% of Natural Alternatives International worth $200,000 at the end of the most recent reporting period.
Separately, LSV Asset Management bought a new position in shares of Natural Alternatives International in the second quarter valued at approximately $69,000. Institutional investors own 31.81% of the company’s stock.
Shares of NAII stock traded down $0.59 during trading hours on Thursday, reaching $9.56. Natural Alternatives International, Inc. has a 12-month low of $8.73 and a 12-month high of $14.25. The firm’s 50 day simple moving average is $10.09 and its 200 day simple moving average is $11.58. The company has a market capitalization of $73.20 million, a price-to-earnings ratio of 7.50 and a beta of 0.20.
Natural Alternatives International, Inc engages in formulating, manufacturing, and marketing nutritional supplements in the United States and internationally. It operates through two segments, Private-Label Contract Manufacturing, and Patent and Trademark Licensing. The company offers private-label contract manufacturing services to companies that market and distribute vitamins, minerals, herbal, and other nutritional supplements, as well as other health care products.
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