United Natural Foods (NYSE:UNFI) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

United Natural Foods, Inc. (NYSE:UNFI)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $33.11 and traded as high as $39.26. United Natural Foods shares last traded at $39.0530, with a volume of 913,955 shares.

Analyst Ratings Changes

UNFI has been the topic of several research analyst reports. Zacks Research upgraded United Natural Foods from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. BMO Capital Markets restated an “outperform” rating on shares of United Natural Foods in a research note on Thursday, December 11th. Roth Mkm reaffirmed a “neutral” rating and set a $35.00 price target on shares of United Natural Foods in a report on Thursday, December 11th. Jefferies Financial Group increased their price objective on shares of United Natural Foods from $27.00 to $40.00 and gave the company a “hold” rating in a research report on Wednesday, October 1st. Finally, Wells Fargo & Company cut their target price on shares of United Natural Foods from $37.00 to $35.00 and set an “equal weight” rating for the company in a research note on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, United Natural Foods currently has an average rating of “Hold” and an average target price of $38.78.

United Natural Foods Stock Up 7.8%

The company has a current ratio of 1.38, a quick ratio of 0.50 and a debt-to-equity ratio of 1.25. The firm has a market cap of $2.38 billion, a price-to-earnings ratio of -23.53 and a beta of 0.86. The firm’s 50 day simple moving average is $34.33 and its two-hundred day simple moving average is $33.11.

United Natural Foods (NYSE:UNFI) last announced its earnings results on Tuesday, December 2nd. The company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.39 by $0.17. The company had revenue of $7.84 billion for the quarter, compared to analysts’ expectations of $7.91 billion. United Natural Foods had a negative net margin of 0.32% and a positive return on equity of 4.35%. The business’s revenue for the quarter was down .4% on a year-over-year basis. During the same period last year, the firm earned $0.16 earnings per share. 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 EPS for the current year.

Insider Activity

In other news, CAO Richard Eric Esper sold 4,261 shares of the stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $33.08, for a total transaction of $140,953.88. Following the sale, the chief accounting officer directly owned 37,369 shares of the company’s stock, valued at approximately $1,236,166.52. This represents a 10.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Louis Anthony Martin sold 9,439 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $34.67, for a total value of $327,250.13. Following the completion of the transaction, the insider directly owned 81,234 shares of the company’s stock, valued at approximately $2,816,382.78. This trade represents a 10.41% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 2.40% of the company’s stock.

Institutional Trading of United Natural Foods

A number of institutional investors and hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC increased its stake in United Natural Foods by 12,660.4% in the fourth quarter. SG Americas Securities LLC now owns 678,979 shares of the company’s stock valued at $22,861,000 after acquiring an additional 673,658 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in United Natural Foods by 196.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 925,927 shares of the company’s stock worth $21,583,000 after purchasing an additional 613,790 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of United Natural Foods by 721.3% in the 3rd quarter. Victory Capital Management Inc. now owns 615,889 shares of the company’s stock valued at $23,170,000 after purchasing an additional 540,897 shares in the last quarter. Invesco Ltd. increased its stake in shares of United Natural Foods by 20.7% in the 2nd quarter. Invesco Ltd. now owns 2,544,315 shares of the company’s stock valued at $59,308,000 after purchasing an additional 436,680 shares during the last quarter. Finally, Towle & Co. acquired a new position in shares of United Natural Foods during the 3rd quarter worth $13,724,000. Institutional investors own 87.63% of the company’s stock.

About United Natural Foods

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.