UFP Technologies VP Sells $170,502 in Stock (UFPT)
UFP Technologies (NASDAQ:UFPT) VP Mitchell Rock sold 7,240 shares of UFP Technologies stock on the open market in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $23.55, for a total transaction of $170,502.00. Following the transaction, the vice president now directly owns 63,192 shares in the company, valued at approximately $1,488,172. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
UFP Technologies (NASDAQ:UFPT) traded down 0.09% on Wednesday, hitting $23.50. The stock had a trading volume of 8,284 shares. UFP Technologies has a 52-week low of $18.67 and a 52-week high of $26.80. The stock’s 50-day moving average is $24.64 and its 200-day moving average is $25.15. The company has a market cap of $164.5 million and a P/E ratio of 14.80.
UFP Technologies (NASDAQ:UFPT) last announced its earnings results on Tuesday, May 6th. The company reported $0.29 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.38 by $0.09. The company had revenue of $34.60 million for the quarter, compared to the consensus estimate of $35.38 million. Analysts expect that UFP Technologies will post $1.48 EPS for the current fiscal year.
UFP Technologies, Inc (NASDAQ:UFPT) designs and manufactures engineered packaging solutions utilizing molded and fabricated foams, vacuum-formed plastics, and molded fiber.
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