United Natural Foods, Inc. (NASDAQ:UNFI) insider John Michael Hummel sold 1,773 shares of United Natural Foods stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $49.42, for a total value of $87,621.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

John Michael Hummel also recently made the following trade(s):

  • On Thursday, October 12th, John Michael Hummel sold 1,407 shares of United Natural Foods stock. The shares were sold at an average price of $40.72, for a total value of $57,293.04.

Shares of United Natural Foods, Inc. (NASDAQ UNFI) traded down $0.46 during trading on Thursday, hitting $50.97. The stock had a trading volume of 741,324 shares, compared to its average volume of 806,425. United Natural Foods, Inc. has a 1-year low of $29.53 and a 1-year high of $52.69. The firm has a market capitalization of $2,555.83, a P/E ratio of 19.43, a PEG ratio of 3.48 and a beta of 1.46. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.82 and a current ratio of 2.25.

United Natural Foods (NASDAQ:UNFI) last announced its quarterly earnings data on Thursday, December 7th. The company reported $0.60 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.60. United Natural Foods had a return on equity of 8.04% and a net margin of 1.39%. The business had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.39 billion. During the same period in the previous year, the company posted $0.58 earnings per share. analysts forecast that United Natural Foods, Inc. will post 2.74 EPS for the current year.

United Natural Foods announced that its board has authorized a stock repurchase program on Friday, October 6th that allows the company to buyback $200.00 million in shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

UNFI has been the subject of several research reports. Royal Bank of Canada set a $34.00 target price on United Natural Foods and gave the company a “hold” rating in a research report on Tuesday, August 29th. Pivotal Research reaffirmed a “sell” rating and issued a $32.00 target price on shares of United Natural Foods in a research report on Tuesday, September 12th. BidaskClub raised United Natural Foods from a “hold” rating to a “buy” rating in a research report on Saturday, December 2nd. BMO Capital Markets set a $38.00 target price on United Natural Foods and gave the company a “hold” rating in a research report on Tuesday, August 29th. Finally, Argus raised United Natural Foods from a “hold” rating to a “buy” rating and set a $49.00 target price for the company in a research report on Monday, September 25th. Five analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $43.33.

A number of hedge funds have recently bought and sold shares of the stock. CS Mckee LP lifted its stake in United Natural Foods by 0.4% during the second quarter. CS Mckee LP now owns 24,700 shares of the company’s stock worth $906,000 after purchasing an additional 100 shares during the last quarter. Amalgamated Bank lifted its stake in United Natural Foods by 2.8% during the second quarter. Amalgamated Bank now owns 7,179 shares of the company’s stock worth $263,000 after purchasing an additional 196 shares during the last quarter. Suntrust Banks Inc. lifted its stake in United Natural Foods by 2.5% during the second quarter. Suntrust Banks Inc. now owns 8,628 shares of the company’s stock worth $316,000 after purchasing an additional 214 shares during the last quarter. Arizona State Retirement System lifted its stake in United Natural Foods by 1.4% during the second quarter. Arizona State Retirement System now owns 21,300 shares of the company’s stock worth $782,000 after purchasing an additional 300 shares during the last quarter. Finally, Texas Permanent School Fund lifted its stake in United Natural Foods by 0.9% during the second quarter. Texas Permanent School Fund now owns 36,938 shares of the company’s stock worth $1,356,000 after purchasing an additional 315 shares during the last quarter.

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About United Natural Foods

United Natural Foods, Inc is a distributor and retailer of natural, organic and specialty products. The Company’s segments include Wholesale and Other. The Wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada.

Insider Buying and Selling by Quarter for United Natural Foods (NASDAQ:UNFI)

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