The Hain Celestial Group, Inc. (NASDAQ:HAIN) Insider Chad D. Marquardt Buys 3,200 Shares

The Hain Celestial Group, Inc. (NASDAQ:HAIN - Get Free Report) insider Chad D. Marquardt purchased 3,200 shares of the company's stock in a transaction that occurred on Thursday, February 20th. The stock was bought at an average cost of $4.04 per share, for a total transaction of $12,928.00. Following the purchase, the insider now directly owns 23,025 shares in the company, valued at $93,021. This trade represents a 16.14 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

The Hain Celestial Group Trading Down 0.5 %

Shares of HAIN stock traded down $0.02 on Tuesday, hitting $4.12. 1,469,674 shares of the stock traded hands, compared to its average volume of 1,880,891. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.00 and a current ratio of 1.90. The Hain Celestial Group, Inc. has a twelve month low of $3.28 and a twelve month high of $10.07. The firm's 50-day moving average price is $5.23 and its two-hundred day moving average price is $7.03. The stock has a market capitalization of $371.82 million, a PE ratio of -2.12 and a beta of 0.74.

The Hain Celestial Group (NASDAQ:HAIN - Get Free Report) last posted its earnings results on Monday, February 10th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.04). The Hain Celestial Group had a negative net margin of 10.51% and a positive return on equity of 2.88%. As a group, analysts anticipate that The Hain Celestial Group, Inc. will post 0.4 EPS for the current year.

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Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. reduced their price target on shares of The Hain Celestial Group from $8.00 to $6.00 and set a "neutral" rating for the company in a research report on Monday, February 3rd. Piper Sandler decreased their target price on The Hain Celestial Group from $8.00 to $7.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. Maxim Group dropped their price target on The Hain Celestial Group from $15.00 to $10.00 and set a "buy" rating for the company in a research report on Tuesday, February 11th. Stifel Nicolaus reduced their price objective on The Hain Celestial Group from $7.00 to $6.00 and set a "hold" rating for the company in a research note on Tuesday, February 11th. Finally, Mizuho lowered their target price on shares of The Hain Celestial Group from $7.00 to $4.50 and set a "neutral" rating on the stock in a research note on Tuesday, February 11th. Seven analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $6.56.

Institutional Investors Weigh In On The Hain Celestial Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Allworth Financial LP increased its position in shares of The Hain Celestial Group by 433.5% during the 3rd quarter. Allworth Financial LP now owns 2,982 shares of the company's stock worth $26,000 after purchasing an additional 2,423 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. increased its position in shares of The Hain Celestial Group by 225.5% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,954 shares of the company's stock valued at $43,000 after acquiring an additional 3,432 shares during the last quarter. Van ECK Associates Corp raised its stake in shares of The Hain Celestial Group by 49.0% in the 4th quarter. Van ECK Associates Corp now owns 10,805 shares of the company's stock valued at $66,000 after acquiring an additional 3,554 shares during the period. Virtu Financial LLC acquired a new position in shares of The Hain Celestial Group in the 4th quarter worth approximately $73,000. Finally, Grace & White Inc. NY acquired a new position in shares of The Hain Celestial Group in the 4th quarter worth approximately $86,000. Hedge funds and other institutional investors own 97.01% of the company's stock.

The Hain Celestial Group Company Profile

The Hain Celestial Group, Inc manufactures, markets, and sells organic and natural products in United States, United Kingdom, Europe, and internationally. It operates through two segments: North America and International. The company offers infant formula; infant, toddler, and kids' food; plant-based beverages and frozen desserts, such as soy, rice, oat, and spelt; and condiments.