Insider Selling: R Jeffrey Bailly Sells 13,524 Shares of UFP Technologies Stock (UFPT)
UFP Technologies (NASDAQ:UFPT) CEO R Jeffrey Bailly sold 13,524 shares of the company’s stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $25.04, for a total transaction of $338,640.96. Following the sale, the chief executive officer now directly owns 637,679 shares of the company’s stock, valued at approximately $15,967,482. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
UFP Technologies (NASDAQ:UFPT) traded down 0.40% during mid-day trading on Tuesday, hitting $24.87. 1,465 shares of the company’s stock traded hands. UFP Technologies has a one year low of $18.67 and a one year high of $26.80. The stock’s 50-day moving average is $24.58 and its 200-day moving average is $25.14. The company has a market cap of $174.1 million and a P/E ratio of 15.71.
UFP Technologies (NASDAQ:UFPT) last released its earnings data on Tuesday, May 6th. The company reported $0.29 earnings per share for the quarter, missing the analysts’ 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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