United Natural Foods Director Gail A. Graham Unloads 2,264 Shares (UNFI)
United Natural Foods (NASDAQ:UNFI) Director Gail A. Graham sold 2,264 shares of the company’s stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $66.85, for a total transaction of $151,348.40. Following the completion of the transaction, the director now directly owns 10,065 shares of the company’s stock, valued at approximately $672,845. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of United Natural Foods (NASDAQ:UNFI) traded down 1.63% on Monday, hitting $65.17. 331,569 shares of the company’s stock traded hands. United Natural Foods has a one year low of $53.80 and a one year high of $79.64. The stock’s 50-day moving average is $66.14 and its 200-day moving average is $69.41. The company has a market cap of $3.236 billion and a price-to-earnings ratio of 26.50.
United Natural Foods (NASDAQ:UNFI) last issued its quarterly earnings data on Tuesday, June 10th. The company reported $0.73 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.73. The company had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.78 billion. During the same quarter in the prior year, the company posted $0.64 earnings per share. The company’s quarterly revenue was up 13.8% on a year-over-year basis. On average, analysts predict that United Natural Foods will post $2.50 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Morgan Stanley initiated coverage on shares of United Natural Foods in a research note on Wednesday, June 25th. They set an “overweight” rating and a $80.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of United Natural Foods in a research note on Monday, June 16th. They now have a $74.00 price target on the stock, down previously from $89.00. Finally, analysts at Jefferies Group upgraded shares of United Natural Foods from a “hold” rating to a “buy” rating in a research note on Wednesday, April 16th. They now have a $78.00 price target on the stock, up previously from $77.00. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $74.30.
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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