United Natural Foods, Inc. (NYSE:UNFI) Insider Sells $200,005.00 in Stock

United Natural Foods, Inc. (NYSE:UNFI) insider Danielle Benedict sold 9,050 shares of the company’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $22.10, for a total value of $200,005.00. Following the completion of the sale, the insider now directly owns 88,218 shares of the company’s stock, valued at approximately $1,949,617.80. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Danielle Benedict also recently made the following trade(s):

• On Friday, October 4th, Danielle Benedict sold 15,152 shares of United Natural Foods stock. The stock was sold at an average price of $19.78, for a total value of $299,706.56.

United Natural Foods Stock Performance

Shares of NYSE UNFI traded down $0.53 during midday trading on Friday, hitting $21.52. 599,327 shares of the company’s stock were exchanged, compared to its average volume of 701,162. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.44 and a quick ratio of 0.52. The stock’s 50 day moving average price is $16.47 and its 200-day moving average price is $13.56. The firm has a market cap of $1.28 billion, a P/E ratio of -8.93 and a beta of 0.63. United Natural Foods, Inc. has a twelve month low of $8.58 and a twelve month high of $23.15.

United Natural Foods (NYSE:UNFI) last released its earnings results on Tuesday, October 1st. The company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.09. The firm had revenue of $8.16 billion during the quarter, compared to the consensus estimate of $7.94 billion. United Natural Foods had a positive return on equity of 0.54% and a negative net margin of 0.36%. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.25) earnings per share. Equities research analysts anticipate that United Natural Foods, Inc. will post 0.64 EPS for the current year.

Institutional Trading of United Natural Foods

Large investors have recently added to or reduced their stakes in the company. nVerses Capital LLC boosted its holdings in United Natural Foods by 85.7% in the third quarter. nVerses Capital LLC now owns 3,900 shares of the company’s stock worth $66,000 after purchasing an additional 1,800 shares in the last quarter. Creative Planning raised its position in shares of United Natural Foods by 7.6% during the third quarter. Creative Planning now owns 13,506 shares of the company’s stock valued at $227,000 after buying an additional 953 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of United Natural Foods during the third quarter valued at about $548,000. Susquehanna Fundamental Investments LLC raised its position in shares of United Natural Foods by 12.8% during the second quarter. Susquehanna Fundamental Investments LLC now owns 162,402 shares of the company’s stock valued at $2,127,000 after buying an additional 18,400 shares during the last quarter. Finally, Dark Forest Capital Management LP acquired a new position in United Natural Foods in the second quarter worth about $233,000. 87.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Northcoast Research raised United Natural Foods from a “neutral” rating to a “buy” rating in a report on Friday, October 11th. BMO Capital Markets raised their price target on United Natural Foods from $14.00 to $23.00 and gave the stock a “market perform” rating in a research report on Wednesday, October 2nd. The Goldman Sachs Group raised their price objective on United Natural Foods from $15.00 to $22.00 and gave the stock a “neutral” rating in a report on Monday, October 7th. Finally, UBS Group raised their price objective on United Natural Foods from $16.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $18.40.

United Natural Foods Company Profile

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.