Icahn stocks up on shares of Hain Celestial

Activist investor Carl Icahn continued to add to his ownership stake in Melville-based Hain Celestial Group with three new purchases totaling 150,000.

He now owns 14.31 percent of the natural foods company with 6.1 million shares.

Monday he bought 69,900 shares, at $23.72. That followed his purchases of 75,000 shares on Sept. 10 at $23.90; and 4,700 shares Sept. 9 at $24.33.

Hain shares this week have closed at a steady price of just under $24.

Icahn has said he believes Hain's shares are undervalued. Hain in July disclosed that it made a deal with Icahn -- his support for the company's new slate of directors in exchange for Hain creating two new board seats for Icahn, including one for his son Brett.