Hain Celestial Group Inc. (NASDAQ: HAIN) Director Richard Berke bought 1,000 shares of HAIN common stock at $68.02 per share, according to a regulatory filing.
HAIN shares are down sharply in trading today. The stock hit an intra-day low of $64.34 today, and at last check, it was down 1.04% to $64.56 on volume of 577,152. The stock fell more than 4% in the last three trading sessions.
Year-to-date, HAIN shares have gained more than 78%, outperforming the S&P 500.
Based in Melville, New York, Hain Celestial is a manufacturer, marketer, distributor and seller of natural and organic products. The companyâ€™s brands include Earthâ€™s Best, Celestial Seasonings, Terra, Garden of Eatinâ€™, and Sensible Portions among others.
Last month, HAIN reported record results for its fourth quarter and fiscal year ended June 30, 2012. For the quarter ended June 30, 2012, HAIN reported net sales from continuing operations of $350.8 million, representing an increase of 22.3% over the same period in the previous year. The year-over-year increase was driven continued sales momentum in the companyâ€™s natural and organic sector across various classes of trade including natural, grocery, mass-market retailers, club stores and e-tailers, as well as contributions from strategic acquisitions.
HAIN reported earnings of $23.4 million for the fourth quarter, compared to $12.8 million reported for the same period in the previous year.
For fiscal 2012, HAIN reported net sales from continuing operations of $1.378 billion, representing an increase of 24.3% over fiscal 2011. The company reported earnings of $79.2 million for fiscal year 2012, compared to $55 million reported for fiscal year 2011.
Irwin D. Simon, founder and CEO of Hain Celestial, last month said that HAIN finished fiscal year 2012 with strong results across its key performance measures as consumption in the U.S. accelerated during the year to the highest levels in the companyâ€™s history as consumers continued to seek out HAINâ€™s products.