Is Buying USANA Health Sciences, Inc. (USNA) Here a Winning Strategy?

April 16, 2018 - By Hazel Jackson

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 dropped, 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.
Enterprise Service stated it has 403 shares or 0.01% of all its holdings. Nordea Investment Management Ab holds 0.06% in USANA Health Sciences, Inc. (NYSE:USNA) or 344,143 shares. Blackrock holds 725,965 shares. Oakworth Capital owns 170 shares for 0% of their portfolio. Focused Wealth Mgmt holds 112 shares. 11 were reported by Assetmark. Old Mutual Glob Investors (Uk) Ltd has invested 0.16% in USANA Health Sciences, Inc. (NYSE:USNA). Moreover, American Grp Incorporated has 0% invested in USANA Health Sciences, Inc. (NYSE:USNA) for 7,645 shares. Lucus Advsrs Limited Company holds 4,524 shares or 0.49% of its portfolio. Wellington Mgmt Grp Inc Llp reported 86,724 shares. Alliancebernstein L P reported 45,830 shares. Moreover, Millennium Mgmt Ltd Liability has 0% invested in USANA Health Sciences, Inc. (NYSE:USNA) for 20,367 shares. Rhumbline Advisers invested 0% of its portfolio in USANA Health Sciences, Inc. (NYSE:USNA). Moreover, United Services Automobile Association has 0% invested in USANA Health Sciences, Inc. (NYSE:USNA) for 17,510 shares. Schroder Invest Grp reported 495,576 shares or 0.06% of all its holdings.

Since October 26, 2017, it had 0 insider purchases, and 20 insider sales for $88.23 million activity. Another trade for 93,443 shares valued at $6.27M was made by WENTZ MYRON W on Thursday, October 26. On Thursday, October 26 FULLER GILBERT A sold $114,590 worth of USANA Health Sciences, Inc. (NYSE:USNA) or 1,710 shares. The insider Noot Walter sold $236,775. $866,376 worth of USANA Health Sciences, Inc. (NYSE:USNA) was sold by Jones Paul A. on Thursday, March 8. IIEKKING G DOUG had sold 2,423 shares worth $196,389.

The stock of USANA Health Sciences, Inc. (NYSE:USNA) reached all time high today, Apr, 16 and still has $105.23 target or 7.00 % above today’s $98.35 share price. This indicates more upside for the $2.37B company. This technical setup was reported by Barchart.com. If the $105.23 PT is reached, the company will be worth $165.69 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 1.86% or $1.8 during the last trading session, reaching $98.35. About 67,148 shares traded. USANA Health Sciences, Inc. (NYSE:USNA) has risen 44.07% since April 16, 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 rating was maintained by Pivotal Research on Wednesday, October 25 with “Buy”. The firm earned “Neutral” rating on Wednesday, January 24 by Sidoti.

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 $2.37 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 38.87 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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