Could USANA Health Sciences, Inc. (USNA) See a Reversal After Breaking Its 52-Week High?

April 17, 2018 - By Richard Conner

USANA Health Sciences, Inc. (NYSE:USNA) Logo

Investors sentiment decreased to 1.19 in Q4 2017. Its down 0.06, from 1.25 in 2017Q3. It dived, as 13 investors sold USANA Health Sciences, Inc. shares while 45 reduced holdings. 25 funds opened positions while 44 raised stakes. 10.77 million shares or 5.27% more from 10.23 million shares in 2017Q3 were reported.
Shell Asset Management owns 6,342 shares or 0.01% of their US portfolio. Wellington Mgmt Grp Incorporated Ltd Liability Partnership reported 0% stake. Aqr Mngmt Ltd Liability reported 61,701 shares or 0% of all its holdings. Moreover, Camarda Fincl Advsr Lc has 2.18% invested in USANA Health Sciences, Inc. (NYSE:USNA). Matarin Capital Management Limited Liability Company invested 0.87% of its portfolio in USANA Health Sciences, Inc. (NYSE:USNA). 11,600 are owned by Strs Ohio. Deutsche Bank & Trust Ag has invested 0.01% in USANA Health Sciences, Inc. (NYSE:USNA). Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in USANA Health Sciences, Inc. (NYSE:USNA). Vanguard Group invested in 0% or 1.04M shares. Chicago Equity Prtnrs Llc has 0.03% invested in USANA Health Sciences, Inc. (NYSE:USNA) for 12,305 shares. Invesco Ltd holds 0% or 14,108 shares in its portfolio. Hsbc Holdg Public Limited Com has 42,337 shares for 0% of their portfolio. National Bank & Trust Of America Corporation De has invested 0% of its portfolio in USANA Health Sciences, Inc. (NYSE:USNA). 9,046 were accumulated by Manufacturers Life Insurance The. Jpmorgan Chase Company reported 19,941 shares or 0% of all its holdings.

Since October 26, 2017, it had 0 buys, and 20 sales for $88.23 million activity. On Tuesday, April 3 the insider WENTZ MYRON W sold $3.45M. The insider Jones Paul A. sold $866,376. Noot Walter also sold $236,775 worth of USANA Health Sciences, Inc. (NYSE:USNA) on Thursday, February 15. FULLER GILBERT A sold $114,590 worth of USANA Health Sciences, Inc. (NYSE:USNA) on Thursday, October 26. $196,389 worth of stock was sold by IIEKKING G DOUG on Wednesday, March 7.

The stock of USANA Health Sciences, Inc. (NYSE:USNA) hit a new 52-week high and has $107.77 target or 8.00 % above today’s $99.78 share price. The 9 months bullish chart indicates low risk for the $2.40B company. The 1-year high was reported on Apr, 17 by Barchart.com. If the $107.77 price target is reached, the company will be worth $192.08M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.46% or $1.4328 during the last trading session, reaching $99.7828. About 27,525 shares traded. USANA Health Sciences, Inc. (NYSE:USNA) has risen 44.07% since April 17, 2017 and is uptrending. It has outperformed by 32.52% the S&P500.

USANA Health Sciences, Inc. (NYSE:USNA) Ratings Coverage

Among 2 analysts covering USANA Health Science (NYSE:USNA), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. USANA Health Science had 2 analyst reports since October 25, 2017 according to SRatingsIntel. The firm has “Buy” rating by Pivotal Research given on Wednesday, October 25. The stock of USANA Health Sciences, Inc. (NYSE:USNA) earned “Neutral” rating by Sidoti on Wednesday, January 24.

USANA Health Sciences, Inc. develops, makes, and sells science nutritional and personal care products primarily to reduce the risk of chronic degenerative disease. The company has market cap of $2.40 billion. The firm offers USANA Nutritionals Essentials product line, which includes vitamin and mineral supplements that provide a foundation of total body nutrition for various age groups; optimizers comprising targeted supplements that are designed to meet cardiovascular, skeletal/structural, and digestive health needs; and foods that include low-glycemic meal replacement shakes, snack bars, and other related products, which provide macro-nutrition. It has a 39.44 P/E ratio. It also provides Sensé—beautiful science products, such as personal care products that support healthy skin and hair through topical nourishment, moisturization, and protection; and other products for prenatal, infant, and young child age groups.

USANA Health Sciences, Inc. (NYSE:USNA) Institutional Positions Chart

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