NAII
Natural Alternatives International, Inc.
NasdaqGMUSDEQUITY
Consumer Defensive
DELAYED
Strong sell
-74/100
Last price
1.33
▼ 0.10 (6.99%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Overlay another symbol
Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
—
Prev close
1.43
Day high
1.53
Day low
1.31
Volume
24.41K
Market cap
$8.33M
P/E (TTM)
—
52W range
1.28 – 4.96
Trailing performance
Returnvs SPY
1W
-9.52%
-11.5%
1M
-36.06%
-37.2%
3M
-41.67%
-46.2%
6M
-50.37%
-68.6%
YTD
-62.85%
-77.1%
1Y
-52.84%
-69.3%
3Y
-79.51%
-161.8%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on NAII open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
1.30M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Mar 6, 26 | LEDOUX MARK A Chief Executive Officer |
STOCK | 20.00K | $0 | Direct |
| Mar 6, 26 | DUNN ALAN G Director |
STOCK | 8.00K | $0 | Direct |
| Mar 6, 26 | WOLF KENNETH EUGENE President |
STOCK | 15.00K | $0 | Direct |
| Mar 6, 26 | RAMANATHAN GURU P Director |
STOCK | 8.00K | $0 | Direct |
| Mar 6, 26 | FORTIN MICHAEL E. Chief Financial Officer |
STOCK | 12.00K | $0 | Direct |
| Mar 6, 26 | MATHERLY LAURA KAY Director |
STOCK | 8.00K | $0 | Direct |
| Mar 6, 26 | LEDOUX MARK A Chief Executive Officer |
BUY | 1.25K | $3.47K | Direct |
| Mar 2, 26 | LEDOUX MARK A Chief Executive Officer |
BUY | 1.00K | $2.82K | Direct |
| Feb 27, 26 | LEDOUX MARK A Chief Executive Officer |
BUY | 1.25K | $3.53K | Direct |
| Feb 24, 26 | LEDOUX MARK A Chief Executive Officer |
BUY | 2.00K | $5.40K | Direct |
| Feb 19, 26 | LEDOUX MARK A Chief Executive Officer |
BUY | 4.50K | $11.60K | Direct |
| Dec 23, 25 | LEDOUX MARK A Chief Executive Officer |
STOCK | 10.00K | $0 | Direct |
| Mar 7, 25 | DUNN ALAN G Director |
STOCK | 8.00K | $0 | Direct |
| Mar 7, 25 | RAMANATHAN GURU P Director |
STOCK | 8.00K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
DUNN ALAN G |
Director | 99.21K | Stock Award(Grant) |
FORTIN MICHAEL E. |
Chief Financial Officer | 58.74K | Stock Award(Grant) |
LEDOUX MARK A |
Chief Executive Officer | 743.56K | Stock Award(Grant) |
MATHERLY LAURA KAY |
Director | 42.00K | Stock Award(Grant) |
RAMANATHAN GURU P |
Director | 38.00K | Stock Award(Grant) |
WOLF KENNETH EUGENE |
President | 141.83K | Stock Award(Grant) |
Fundamentals
Market cap$8.33M
Enterprise value$50.66M
Revenue (TTM)$142.52M
Gross profit$9.00M
EBITDA$-3.59M
Net income$-20.70M
EPS (TTM)$-3.43
Free cash flow$-13.27M
Total cash$7.39M
Total debt$49.97M
Book value / share$10.34
Shares outstanding6.26M
Float4.73M
Short % of float0.26%
Dividend yield0.00%
Beta (5Y)0.35
Valuation & profitability ratios
Trailing P/E—
Forward P/E—
PEG ratio5.41
Price / sales—
Price / book0.13
EV / revenue0.36
EV / EBITDA-14.11
Gross margin6.31%
Operating margin-7.89%
Profit margin-14.52%
Return on equity-34.96%
Return on assets-3.73%
Debt / equity100.03
Current ratio1.74
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $129.86M | $113.80M | $154.01M | $170.97M | +14.1% |
| Operating revenue | $129.86M | $113.80M | $154.01M | $170.97M | +14.1% |
| Cost of revenue | $120.57M | $106.93M | $135.86M | $140.46M | +12.8% |
| Gross profit | $9.29M | $6.87M | $18.16M | $30.51M | +35.3% |
| Selling, general & admin | $16.55M | $15.40M | $14.87M | $16.95M | +7.5% |
| Total operating expense | $16.55M | $15.40M | $13.45M | $16.83M | +7.5% |
| Operating income | -$7.26M | -$8.53M | $4.71M | $13.68M | +14.9% |
| Net interest income | -$747.00K | -$185.00K | -$418.00K | -$83.00K | -303.8% |
| Pre-tax income | -$10.74M | -$9.46M | $3.56M | $13.66M | -13.5% |
| Tax provision | $2.83M | -$2.25M | $1.03M | $2.95M | +226.2% |
| Net income | -$13.57M | -$7.22M | $2.52M | $10.71M | -88.1% |
| Net income to common | -$13.57M | -$7.22M | $2.52M | $10.71M | -88.1% |
| Basic EPS | -2.28 | -1.23 | 0.43 | 1.75 | -85.4% |
| Diluted EPS | -2.28 | -1.23 | 0.43 | 1.74 | -85.4% |
| EBIT | -$9.82M | -$9.10M | $4.01M | $13.74M | -7.9% |
| EBITDA | -$5.26M | -$4.46M | $8.26M | $17.91M | -18.2% |
| Basic shares | 5.95M | 5.87M | 5.86M | 6.12M | +1.3% |
| Diluted shares | 5.95M | 5.87M | 5.88M | 6.16M | +1.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $12.32M | $11.98M | $13.60M | $21.83M | +2.9% |
| Cash & short-term investments | $12.32M | $11.98M | $13.60M | $21.83M | +2.9% |
| Accounts receivable | $14.64M | $16.89M | $7.02M | $17.42M | -13.3% |
| Inventory | $24.87M | $24.25M | $29.69M | $32.48M | +2.6% |
| Total current assets | $59.28M | $61.61M | $57.01M | $76.75M | -3.8% |
| Property, plant & equipment | $91.94M | $95.75M | $74.21M | $66.27M | -4.0% |
| Total assets | $151.94M | $162.34M | $134.15M | $146.00M | -6.4% |
| Total current liabilities | $28.80M | $23.46M | $15.88M | $23.89M | +22.8% |
| Current debt | $2.21M | $3.70M | $312.00K | $302.00K | -40.3% |
| Long-term debt | $8.63M | $8.93M | $9.21M | $9.49M | -3.4% |
| Total debt | $59.03M | $60.29M | $30.93M | $31.84M | -2.1% |
| Total liabilities | $83.51M | $79.75M | $45.38M | $57.48M | +4.7% |
| Retained earnings | $59.39M | $72.97M | $80.18M | $77.66M | -18.6% |
| Shareholder equity | $68.43M | $82.59M | $88.77M | $88.52M | -17.2% |
| Working capital | $30.47M | $38.15M | $41.13M | $52.85M | -20.1% |
| Net tangible assets | $68.43M | $82.59M | $88.77M | $88.52M | -17.2% |
| Shares issued | 9.50M | 9.48M | 9.31M | 9.19M | +0.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$13.57M | -$7.22M | $2.52M | $10.71M | -88.1% |
| Depreciation & amortisation | $4.56M | $4.65M | $4.25M | $4.17M | -1.9% |
| Stock-based compensation | $977.00K | $1.20M | $1.01M | $968.00K | -18.6% |
| Change in working capital | $1.57M | -$3.35M | -$1.23M | -$7.43M | +147.0% |
| Operating cash flow | $5.93M | -$1.50M | $7.02M | $11.87M | +496.3% |
| Capital expenditure | -$3.61M | -$3.02M | -$13.52M | -$26.49M | -19.8% |
| Investing cash flow | -$3.61M | -$3.02M | -$13.47M | -$26.46M | -19.8% |
| Share buybacks | -$178.00K | -$221.00K | -$1.50M | -$5.50M | +19.5% |
| Financing cash flow | -$1.97M | $2.89M | -$1.78M | $4.29M | -168.3% |
| Free cash flow | $2.32M | -$4.51M | -$6.50M | -$14.62M | +151.4% |
| End cash position | $12.32M | $11.98M | $13.60M | $21.83M | +2.9% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $35.48M | $34.80M | $37.73M | $33.87M | $28.77M | +2.0% |
| Operating revenue | $35.48M | $34.80M | $37.73M | $33.87M | $28.77M | +2.0% |
| Cost of revenue | $35.10M | $32.30M | $33.33M | $30.33M | $26.94M | +8.7% |
| Gross profit | $383.00K | $2.49M | $4.40M | $3.54M | $1.83M | -84.6% |
| Selling, general & admin | $4.40M | $4.34M | $4.11M | $4.08M | $3.93M | +1.4% |
| Total operating expense | $4.40M | $4.34M | $4.11M | $4.08M | $3.93M | +1.4% |
| Operating income | -$4.01M | -$1.85M | $284.00K | -$544.00K | -$2.10M | -117.3% |
| Net interest income | -$270.00K | -$224.00K | -$196.00K | -$169.00K | -$195.00K | -20.5% |
| Pre-tax income | -$4.24M | -$2.33M | -$199.00K | -$2.82M | -$2.64M | -82.2% |
| Tax provision | $68.00K | $224.00K | $92.00K | $4.40M | -$456.00K | -69.6% |
| Net income | -$4.31M | -$2.55M | -$291.00K | -$7.22M | -$2.19M | -68.9% |
| Net income to common | -$4.31M | -$2.55M | -$291.00K | -$7.22M | -$2.19M | -68.9% |
| Basic EPS | -0.72 | -0.42 | -0.05 | — | -0.37 | -71.4% |
| Diluted EPS | -0.72 | -0.42 | -0.05 | — | -0.37 | -71.4% |
| EBIT | -$3.97M | -$2.10M | $27.00K | -$2.61M | -$2.40M | -88.7% |
| EBITDA | -$2.78M | -$939.00K | $1.19M | -$1.45M | -$1.26M | -196.0% |
| Basic shares | 6.03M | 6.01M | 6.01M | — | 5.94M | +0.3% |
| Diluted shares | 6.03M | 6.01M | 6.01M | — | 5.94M | +0.3% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $9.20M | $3.75M | $7.74M | $12.32M | $10.61M | +145.0% |
| Cash & short-term investments | $9.20M | $3.75M | $7.74M | $12.32M | $10.61M | +145.0% |
| Accounts receivable | $20.59M | $17.76M | $18.91M | $14.64M | $11.65M | +15.9% |
| Inventory | $29.93M | $33.43M | $30.65M | $24.87M | $26.99M | -10.5% |
| Total current assets | $63.99M | $61.52M | $65.05M | $59.28M | $58.52M | +4.0% |
| Property, plant & equipment | $89.94M | $91.04M | $91.21M | $91.94M | $92.25M | -1.2% |
| Total assets | $154.88M | $153.30M | $156.94M | $151.94M | $154.94M | +1.0% |
| Total current liabilities | $39.13M | $32.85M | $33.90M | $28.80M | $23.31M | +19.1% |
| Current debt | $10.31M | $6.11M | $2.76M | $2.21M | $2.30M | +68.7% |
| Long-term debt | $8.39M | $8.47M | $8.55M | $8.63M | $8.70M | -0.9% |
| Total debt | $65.17M | $61.71M | $58.93M | $59.03M | $58.43M | +5.6% |
| Total liabilities | $91.77M | $86.25M | $87.92M | $83.51M | $78.33M | +6.4% |
| Retained earnings | $52.24M | $56.55M | $59.10M | $59.39M | $66.61M | -7.6% |
| Shareholder equity | $63.11M | $67.05M | $69.02M | $68.43M | $76.62M | -5.9% |
| Working capital | $24.87M | $28.67M | $31.15M | $30.47M | $35.21M | -13.3% |
| Net tangible assets | $63.11M | $67.05M | $69.02M | $68.43M | $76.62M | -5.9% |
| Shares issued | 9.64M | 9.50M | 9.50M | 9.50M | 9.50M | +1.5% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$4.31M | -$2.55M | -$291.00K | -$7.22M | -$2.19M | -68.9% |
| Depreciation & amortisation | $1.19M | $1.17M | $1.17M | $1.16M | $1.14M | +2.4% |
| Stock-based compensation | $140.00K | $178.00K | $177.00K | $179.00K | $245.00K | -21.3% |
| Change in working capital | $4.25M | -$6.53M | -$6.39M | $1.50M | $5.74M | +165.1% |
| Operating cash flow | $2.50M | -$6.33M | -$4.02M | $3.35M | $5.99M | +139.5% |
| Capital expenditure | -$1.10M | -$934.00K | -$1.03M | -$1.46M | -$802.00K | -17.8% |
| Investing cash flow | -$1.10M | -$934.00K | -$1.03M | -$1.46M | -$802.00K | -17.8% |
| Share buybacks | -$82.00K | $0 | -$5.00K | -$2.00K | -$168.00K | — |
| Financing cash flow | $4.04M | $3.27M | $472.00K | -$176.00K | -$3.24M | +23.4% |
| Free cash flow | $1.40M | -$7.26M | -$5.05M | $1.89M | $5.19M | +119.3% |
| End cash position | $9.20M | $3.75M | $7.74M | $12.32M | $10.61M | +145.0% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Mar 2026 | — | -0.72 | — |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | — | — | $0 | — |
| Next year | — | — | $0 | — |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders21.40%
Held by institutions36.40%
Institutions holding24
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
1.57
-15.34% from price
SMA 20
1.76
-24.30% from price
SMA 50
2.01
-33.97% from price
SMA 100
2.23
-40.29% from price
SMA 200
2.69
-50.50% from price
EMA 12
1.59
-16.27% from price
EMA 26
1.77
-24.85% from price
EMA 50
1.95
-31.72% from price
RSI (14)
16.9
Oversold
MACD (12,26,9)
-0.18
Hist -0.04
ATR (14)
0.18
13.21% of price
Realised vol 30D
57.4%
Annualised
Bollinger upper
2.20
20, 2σ
Bollinger lower
1.31
20, 2σ
50 / 200 cross
Death
2.01 vs 2.69
Trend bias
Below 200
-50.50%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.94
Less volatile than market
Correlation to SPY
0.19
Largely independent
Realised vol 30D
57.4%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-72.5%
Peak to trough
Max drawdown 5Y
-90.8%
Peak to trough
ATR 14
0.18
13.21% of price
Beta (reported)
0.35
5Y monthly, from filing
Short interest
Shares short
13.14K
Prior 24.89K
Change vs prior
-47.2%
Shorts covering
% of float
0.26%
Normal
% of shares out
0.21%
Against total outstanding
Days to cover
0.6
Liquid
Float
4.73M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split—
Split date—
SEC filings
Periodic Financial Reports
10-K · 2026-09-28
Offering Registrations
S-8 · 2026-05-21
Periodic Financial Reports
10-Q · 2026-05-19
Periodic Financial Reports
NT 10-Q · 2026-05-18
Corporate Changes & Voting Matters
8-K · 2026-05-01
Corporate Changes & Voting Matters
8-K · 2026-03-20
Periodic Financial Reports
10-Q · 2026-02-13
Corporate Changes & Voting Matters
8-K · 2025-12-17
Headlines
Natural Alternatives Q4 Loss Widens Y/Y on Margin Pressure
Zacks · 8d ago
Natural Alternatives: Fiscal Q4 Earnings Snapshot
Associated Press · 9d ago
Natural Alternatives International, Inc. Announces Fiscal 2026 Q4 and YTD Results
GlobeNewswire · 9d ago
Top Premarket Decliners
MT Newswires · 50d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.