UFP Technologies CEO Sells $230,625 in Stock (UFPT)
UFP Technologies (NASDAQ:UFPT) CEO R Jeffrey Bailly sold 9,225 shares of the company’s stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $25.00, for a total value of $230,625.00. Following the completion of the sale, the chief executive officer now directly owns 603,957 shares of the company’s stock, valued at approximately $15,098,925. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
UFP Technologies (NASDAQ:UFPT) traded down 0.16% on Monday, hitting $24.88. The stock had a trading volume of 12,956 shares. UFP Technologies has a 1-year low of $19.86 and a 1-year high of $27.43. The stock’s 50-day moving average is $24.80 and its 200-day moving average is $25.03. The company has a market cap of $174.8 million and a P/E ratio of 17.44.
UFP Technologies (NASDAQ:UFPT) last announced its earnings results on Tuesday, August 5th. The company reported $26.00 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.39 by $25.61. The company had revenue of $34.00 million for the quarter, compared to the consensus estimate of $37.00 million. On average, analysts predict that UFP Technologies will post $1.49 earnings per share 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.