R Jeffrey Bailly Sells 2,214 Shares of UFP Technologies, Inc. (UFPT) Stock

UFP Technologies, Inc. (NASDAQ:UFPT) CEO R Jeffrey Bailly sold 2,214 shares of the firm’s stock in a transaction dated Thursday, November 29th. The stock was sold at an average price of $36.59, for a total value of $81,010.26. Following the completion of the sale, the chief executive officer now directly owns 497,305 shares in the company, valued at $18,196,389.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Tuesday, November 27th, R Jeffrey Bailly sold 3,488 shares of UFP Technologies stock. The stock was sold at an average price of $36.58, for a total value of $127,591.04.
  • On Friday, November 23rd, R Jeffrey Bailly sold 305 shares of UFP Technologies stock. The stock was sold at an average price of $36.67, for a total value of $11,184.35.
  • On Wednesday, November 21st, R Jeffrey Bailly sold 2,990 shares of UFP Technologies stock. The stock was sold at an average price of $36.69, for a total value of $109,703.10.
  • On Monday, November 19th, R Jeffrey Bailly sold 698 shares of UFP Technologies stock. The stock was sold at an average price of $36.54, for a total value of $25,504.92.
  • On Friday, September 14th, R Jeffrey Bailly sold 2,194 shares of UFP Technologies stock. The stock was sold at an average price of $36.45, for a total value of $79,971.30.
  • On Monday, September 10th, R Jeffrey Bailly sold 3,443 shares of UFP Technologies stock. The stock was sold at an average price of $35.61, for a total value of $122,605.23.
  • On Friday, September 7th, R Jeffrey Bailly sold 15,110 shares of UFP Technologies stock. The stock was sold at an average price of $35.52, for a total value of $536,707.20.
  • On Tuesday, September 4th, R Jeffrey Bailly sold 5,083 shares of UFP Technologies stock. The stock was sold at an average price of $35.71, for a total value of $181,513.93.

UFP Technologies stock traded up $0.02 during trading hours on Friday, hitting $36.29. 18,827 shares of the stock traded hands, compared to its average volume of 15,396. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.80 and a current ratio of 2.74. The stock has a market cap of $267.43 million, a price-to-earnings ratio of 29.03 and a beta of 0.12. UFP Technologies, Inc. has a one year low of $26.02 and a one year high of $39.98.

UFP Technologies (NASDAQ:UFPT) last posted its quarterly earnings data on Thursday, November 1st. The industrial products company reported $0.56 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.01. The business had revenue of $47.81 million for the quarter, compared to analysts’ expectations of $49.80 million. UFP Technologies had a return on equity of 10.74% and a net margin of 7.13%. On average, analysts predict that UFP Technologies, Inc. will post 2.12 earnings per share for the current year.

UFPT has been the topic of several recent analyst reports. BidaskClub raised UFP Technologies from a “hold” rating to a “buy” rating in a research note on Wednesday, October 3rd. Zacks Investment Research raised UFP Technologies from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a research note on Saturday, September 1st. ValuEngine raised UFP Technologies from a “hold” rating to a “buy” rating in a research note on Wednesday, October 31st. Finally, Taglich Brothers reissued a “buy” rating on shares of UFP Technologies in a research note on Wednesday, August 29th.

A number of institutional investors have recently bought and sold shares of the business. Cove Street Capital LLC boosted its position in UFP Technologies by 5.8% during the 2nd quarter. Cove Street Capital LLC now owns 711,072 shares of the industrial products company’s stock valued at $21,936,000 after acquiring an additional 39,090 shares in the last quarter. Renaissance Technologies LLC boosted its position in UFP Technologies by 1.1% during the 2nd quarter. Renaissance Technologies LLC now owns 569,100 shares of the industrial products company’s stock valued at $17,557,000 after acquiring an additional 6,300 shares in the last quarter. Vanguard Group Inc. boosted its position 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 valued at $13,854,000 after acquiring an additional 59,576 shares in the last quarter. BlackRock Inc. boosted its position in UFP Technologies by 1.7% during the 3rd quarter. BlackRock Inc. now owns 346,505 shares of the industrial products company’s stock valued at $12,733,000 after acquiring an additional 5,669 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in UFP Technologies by 7.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 264,570 shares of the industrial products company’s stock valued at $9,722,000 after acquiring an additional 17,916 shares in the last quarter. 69.01% of the stock is currently owned by institutional investors and hedge funds.

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About UFP Technologies

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. The company offers medical devices and components, disposable wound care components, automotive interior trims, athletic paddings, abrasive nail files and other beauty aids, air filtration products, high-temperature insulations, military uniform and gear components, and cushion packaging products.

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