R Jeffrey Bailly Sells 1,966 Shares of UFP Technologies, Inc. (NASDAQ:UFPT) Stock

UFP Technologies, Inc. (NASDAQ:UFPT) CEO R Jeffrey Bailly sold 1,966 shares of the firm’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of $38.57, for a total transaction of $75,828.62. Following the completion of the sale, the chief executive officer now directly owns 476,879 shares in the company, valued at approximately $18,393,223.03. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

R Jeffrey Bailly also recently made the following trade(s):

  • On Wednesday, June 5th, R Jeffrey Bailly sold 7,680 shares of UFP Technologies stock. The stock was sold at an average price of $38.70, for a total transaction of $297,216.00.
  • On Wednesday, May 22nd, R Jeffrey Bailly sold 6,573 shares of UFP Technologies stock. The stock was sold at an average price of $38.53, for a total transaction of $253,257.69.

NASDAQ:UFPT opened at $40.15 on Wednesday. UFP Technologies, Inc. has a 12 month low of $27.80 and a 12 month high of $40.00. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.90 and a quick ratio of 1.88. The stock has a market capitalization of $291.82 million, a PE ratio of 19.12 and a beta of 0.44.



UFP Technologies (NASDAQ:UFPT) last posted its earnings results on Tuesday, May 7th. The industrial products company reported $0.50 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.10. UFP Technologies had a net margin of 8.35% and a return on equity of 11.79%. The firm had revenue of $47.33 million during the quarter, compared to analysts’ expectations of $45.10 million. As a group, research analysts forecast that UFP Technologies, Inc. will post 2.13 earnings per share for the current year.

Large investors have recently bought and sold shares of the company. Cove Street Capital LLC raised its stake in UFP Technologies by 1.0% during the first quarter. Cove Street Capital LLC now owns 720,344 shares of the industrial products company’s stock valued at $26,941,000 after purchasing an additional 7,480 shares in the last quarter. Vanguard Group Inc. grew its holdings in UFP Technologies by 18.8% during the 3rd quarter. Vanguard Group Inc. now owns 376,971 shares of the industrial products company’s stock worth $13,854,000 after acquiring an additional 59,576 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of UFP Technologies by 1.2% in the 1st quarter. BlackRock Inc. now owns 358,039 shares of the industrial products company’s stock valued at $13,392,000 after buying an additional 4,144 shares in the last quarter. Wellington Management Group LLP boosted its stake in UFP Technologies by 9.4% in the 1st quarter. Wellington Management Group LLP now owns 356,319 shares of the industrial products company’s stock worth $13,326,000 after purchasing an additional 30,500 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in UFP Technologies by 4.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 291,926 shares of the industrial products company’s stock worth $10,917,000 after purchasing an additional 13,714 shares in the last quarter. 70.74% of the stock is owned by hedge funds and other institutional investors.

UFPT has been the topic of a number of recent analyst reports. BidaskClub lowered shares of UFP Technologies from a “hold” rating to a “sell” rating in a report on Thursday, April 25th. Zacks Investment Research cut shares of UFP Technologies from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 28th. Finally, ValuEngine raised shares of UFP Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, May 9th.

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UFP Technologies Company Profile

UFP Technologies, Inc designs and converts foams, plastics, composites, and natural fiber materials for the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets in the United States. It offers single patient use surfaces, advanced wound care, infection prevention, and disposables for surgical procedures, endoscopic procedures, orthopedic implants, orthopedic appliances, biopharma drug manufacturing, etc.; molded components automotive, aerospace, and defense markets; recycled protective packaging for B2C brands; and reusable cases and custom inserts.

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