Is The Time Right To Buy Nature’s Sunshine Prod. (NATR)? Wynnefield Buying More On Macroeconomic Weakness

Wynnefield has held a position in Landec Corporation (NASDAQ:LNDC) since the fourth quarter of 2003. The fund currently holds some 2.65 million shares valued at $36.97 million. The holding represents 9.83% of the $388.04 million company’s outstanding shares and 16.34% of Wynnefield’s portfolio value. Over the past year Landec Corporation (NASDAQ:LNDC) has appreciated by nearly 23%. Landec sells polymer products for food & agricultural products and medical devices. For its fiscal third quarter ended March 1, 2015, the company delivered an EPS which was in line with the estimates while revenues beat expectations. After Wynnefield, John W. Rogers‘ Ariel Investments is the largest stockholder of Landec Corporation (NASDAQ:LNDC) within our database, holding about 1.78 million shares valued at $24.87 million.

During the first quarter, Wynnefield’s holding in Breeze-Eastern Corp (NYSEMKT:BZC) remained unchanged at 2.12 million shares valued at $21.72 million. The stake represents 21.58% of the company’s outstanding common stock and constitutes 9.6% of Wynnefield’s portfolio value. So far this year, the stock of the $118.16 million manufacturer of equipment for aerospace and defense applications has surged by more than 25%. Breeze Eastern is also one of Wynnefield’s long-term picks, as it has held a position in the company since the second quarter of 2007. In order to stir its backlog back into life, Breeze-Eastern Corp (NYSEMKT:BZC) is preparing a new product, Mission View. The company’s four major customers include the U.S. Government, United Technologies Corporation, Airbus Defense & Space, and Finmeccanica SpA, with the firms contributing 19%, 16%, 16% and 12% respectively to the company’s top line so far in fiscal year 2015. Jim Simons’ Renaissance Technologies is the second largest stockholder of Breeze-Eastern Corp (NYSEMKT:BZC) after Wynnefield, among the investors that we track, owning some 29,000 shares valued at $297,000.

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