United Natural Foods (NYSE:UNFI) Director Purchases $506,400.00 in Stock

United Natural Foods, Inc. (NYSE:UNFIGet Free Report) Director James Pappas acquired 15,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were bought at an average price of $33.76 per share, with a total value of $506,400.00. Following the completion of the transaction, the director owned 192,178 shares in the company, valued at $6,487,929.28. This represents a 8.47% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

United Natural Foods Stock Performance

Shares of United Natural Foods stock opened at $33.01 on Friday. The company’s 50 day moving average price is $35.10 and its two-hundred day moving average price is $31.88. The firm has a market capitalization of $2.01 billion, a P/E ratio of -19.89 and a beta of 0.86. United Natural Foods, Inc. has a fifty-two week low of $20.78 and a fifty-two week high of $43.29. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.38 and a quick ratio of 0.50.

United Natural Foods (NYSE:UNFIGet Free Report) last announced its quarterly earnings results on Tuesday, December 2nd. The company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.17. United Natural Foods had a positive return on equity of 4.35% and a negative net margin of 0.32%.The company had revenue of $7.84 billion during the quarter, compared to analysts’ expectations of $7.91 billion. During the same period in the prior year, the company earned $0.16 EPS. United Natural Foods’s revenue was down .4% compared to the same quarter last year. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. On average, equities analysts forecast that United Natural Foods, Inc. will post 0.76 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. CIBC Bancorp USA Inc. acquired a new stake in United Natural Foods in the third quarter worth $241,000. CANADA LIFE ASSURANCE Co boosted its position in shares of United Natural Foods by 3.6% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 60,651 shares of the company’s stock worth $2,282,000 after purchasing an additional 2,106 shares in the last quarter. Caxton Associates LLP grew its stake in shares of United Natural Foods by 36.9% in the 3rd quarter. Caxton Associates LLP now owns 130,234 shares of the company’s stock valued at $4,899,000 after buying an additional 35,127 shares during the period. XTX Topco Ltd acquired a new stake in shares of United Natural Foods in the 3rd quarter valued at about $883,000. Finally, Quarry LP bought a new stake in United Natural Foods in the 3rd quarter valued at about $29,000. Institutional investors and hedge funds own 87.63% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on UNFI. Deutsche Bank Aktiengesellschaft set a $40.00 price objective on United Natural Foods in a research note on Thursday. The Goldman Sachs Group lifted their price target on shares of United Natural Foods from $29.00 to $40.00 and gave the stock a “neutral” rating in a report on Wednesday, October 1st. BMO Capital Markets reissued an “outperform” rating on shares of United Natural Foods in a research note on Thursday, December 11th. UBS Group raised their target price on United Natural Foods from $29.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, October 1st. Finally, Roth Capital reaffirmed a “neutral” rating and set a $35.00 target price on shares of United Natural Foods in a report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, United Natural Foods has a consensus rating of “Hold” and a consensus target price of $38.78.

Read Our Latest Stock Analysis on UNFI

About United Natural Foods

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United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.

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