R Jeffrey Bailly Sells 27,090 Shares of UFP Technologies, Inc. (NASDAQ:UFPT) Stock

UFP Technologies, Inc. (NASDAQ:UFPTGet Free Report) CEO R Jeffrey Bailly sold 27,090 shares of the company’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $209.48, for a total transaction of $5,674,813.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Thursday, December 14th, R Jeffrey Bailly sold 20,249 shares of UFP Technologies stock. The shares were sold at an average price of $180.78, for a total transaction of $3,660,614.22.
  • On Wednesday, November 29th, R Jeffrey Bailly sold 1 shares of UFP Technologies stock. The shares were sold at an average price of $173.00, for a total transaction of $173.00.

UFP Technologies Stock Performance

Shares of UFPT opened at $208.26 on Thursday. The business’s fifty day moving average price is $176.63 and its 200 day moving average price is $167.23. UFP Technologies, Inc. has a 12-month low of $103.64 and a 12-month high of $220.82. The stock has a market capitalization of $1.59 billion, a PE ratio of 35.60 and a beta of 0.77. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.48 and a quick ratio of 1.25.

UFP Technologies (NASDAQ:UFPTGet Free Report) last posted its earnings results on Wednesday, February 21st. The industrial products company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.41. The company had revenue of $101.50 million for the quarter, compared to analysts’ expectations of $94.80 million. UFP Technologies had a return on equity of 26.12% and a net margin of 11.23%. Equities research analysts forecast that UFP Technologies, Inc. will post 6.19 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. MetLife Investment Management LLC grew its holdings in UFP Technologies by 57.2% during the first quarter. MetLife Investment Management LLC now owns 3,189 shares of the industrial products company’s stock worth $211,000 after acquiring an additional 1,161 shares during the period. Rothschild & Co. Asset Management US Inc. lifted its holdings in shares of UFP Technologies by 0.9% during the 1st quarter. Rothschild & Co. Asset Management US Inc. now owns 23,735 shares of the industrial products company’s stock valued at $1,571,000 after buying an additional 211 shares during the last quarter. Loomis Sayles & Co. L P lifted its holdings in shares of UFP Technologies by 36.0% during the 1st quarter. Loomis Sayles & Co. L P now owns 108,739 shares of the industrial products company’s stock valued at $7,195,000 after buying an additional 28,768 shares during the last quarter. State Street Corp raised its stake in shares of UFP Technologies by 8.4% in the 1st quarter. State Street Corp now owns 136,040 shares of the industrial products company’s stock valued at $9,002,000 after acquiring an additional 10,555 shares in the last quarter. Finally, Wellington Management Group LLP raised its stake in shares of UFP Technologies by 6.5% in the 1st quarter. Wellington Management Group LLP now owns 219,674 shares of the industrial products company’s stock valued at $14,536,000 after acquiring an additional 13,479 shares in the last quarter. 84.57% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

UFPT has been the subject of a number of research analyst reports. StockNews.com raised shares of UFP Technologies from a “sell” rating to a “hold” rating in a research report on Thursday, February 22nd. KeyCorp initiated coverage on UFP Technologies in a research note on Tuesday, February 6th. They set a “sector weight” rating for the company.

Check Out Our Latest Analysis on UFP Technologies

UFP Technologies Company Profile

(Get Free Report)

UFP Technologies, Inc designs, engineers, and manufactures solutions for medical devices, sterile packaging, and other highly engineered custom products. The company offers protective drapes for robotic surgery, single patient use surfaces, advanced wound care, infection prevention, disposables for surgical and endoscopic procedures, packaging for orthopedic implants, orthopedic appliances, biopharma drug manufacturing, and coils for catheters; and molded components for applications in acoustic insulation, interior trim, load floors, sunshades, SUV cargo cover handles, driveshaft damping, engine and manifold covers, quarter panels, and wheel liners.

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Insider Buying and Selling by Quarter for UFP Technologies (NASDAQ:UFPT)

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