United Natural Foods SVP Eric Dorne Unloads 2,573 Shares (UNFI)
United Natural Foods (NASDAQ:UNFI) SVP Eric Dorne unloaded 2,573 shares of United Natural Foods stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $68.04, for a total value of $175,066.92. Following the completion of the sale, the senior vice president now directly owns 1,789 shares in the company. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
UNFI has been the subject of a number of recent research reports. Analysts at Cantor Fitzgerald raised their price target on shares of United Natural Foods (NASDAQ:UNFI) from $36.00 to $52.00 in a research note to investors on Monday. They now have a “sell” rating on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of United Natural Foods (NASDAQ:UNFI) in a research note to investors on Monday. They now have a $80.00 price target on the stock, up previously from $64.00. Finally, analysts at Zacks reiterated a “hold” rating on shares of United Natural Foods (NASDAQ:UNFI) in a research note to investors on Friday, September 13th. They now have a $63.00 price target on the stock.
One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. United Natural Foods currently has a consensus rating of “Hold” and an average price target of $64.22.
Shares of United Natural Foods (NASDAQ:UNFI) traded up 0.76% on Wednesday, hitting $68.55. 191,514 shares of the company’s stock traded hands. United Natural Foods has a one year low of $47.20 and a one year high of $69.35. The stock’s 50-day moving average is $61.10 and its 200-day moving average is $54.63. The company has a market cap of $3.382 billion and a price-to-earnings ratio of 31.21.
United Natural Foods (NASDAQ:UNFI) last posted its quarterly earnings results on Thursday, September 12th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.05. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the previous year, the company posted $0.51 earnings per share. The company’s revenue for the quarter was up 22.2% on a year-over-year basis. On average, analysts predict that United Natural Foods will post $2.51 earnings per share for the current fiscal year.
United Natural Foods, Inc is a distributor of natural, organic and specialty foods and non-food products in the United States and Canada.
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