UFP Technologies Inc. (NASDAQ:UFPT) insider R Jeffrey Bailly sold 900 shares of the firm’s stock in a transaction that occurred on Monday, November 28th. The stock was sold at an average price of $25.53, for a total value of $22,977.00. Following the transaction, the insider now owns 629,968 shares of the company’s stock, valued at approximately $16,083,083.04. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

  • On Friday, November 25th, R Jeffrey Bailly sold 3,950 shares of UFP Technologies stock. The stock was sold at an average price of $25.51, for a total value of $100,764.50.
  • On Tuesday, November 22nd, R Jeffrey Bailly sold 10,348 shares of UFP Technologies stock. The stock was sold at an average price of $25.70, for a total value of $265,943.60.

Shares of UFP Technologies Inc. (NASDAQ:UFPT) opened at 25.15 on Wednesday. The company’s 50-day moving average price is $25.96 and its 200-day moving average price is $24.13. The firm has a market capitalization of $181.03 million, a PE ratio of 22.46 and a beta of 0.58. UFP Technologies Inc. has a 12-month low of $20.40 and a 12-month high of $27.50.

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

COPYRIGHT VIOLATION WARNING: “UFP Technologies Inc. (UFPT) Insider R Jeffrey Bailly Sells 900 Shares of Stock” was first posted by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are reading this article on another domain, it was stolen and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this article can be read at https://www.thecerbatgem.com/2016/11/30/ufp-technologies-inc-ufpt-insider-r-jeffrey-bailly-sells-900-shares-of-stock.html.

Several institutional investors have recently bought and sold shares of the stock. Wells Fargo & Company MN increased its position in UFP Technologies by 420,000.0% in the third quarter. Wells Fargo & Company MN now owns 4,201 shares of the company’s stock valued at $111,000 after buying an additional 4,200 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in UFP Technologies during the third quarter valued at approximately $143,000. Nationwide Fund Advisors purchased a new position in UFP Technologies during the second quarter valued at approximately $190,000. Teachers Advisors Inc. purchased a new position in UFP Technologies during the second quarter valued at approximately $223,000. Finally, Schwab Charles Investment Management Inc. purchased a new position in UFP Technologies during the second quarter valued at approximately $224,000. 66.66% of the stock is currently owned by institutional investors.

A number of research firms recently weighed in on UFPT. Zacks Investment Research cut UFP Technologies from a “hold” rating to a “strong sell” rating in a report on Friday, November 25th. TheStreet raised UFP Technologies from a “hold” rating to a “buy” rating in a report on Friday, August 19th.

About UFP Technologies

UFP Technologies, Inc is a designer and custom converter of foams, plastics, composites and natural fiber materials. The Company is engaged in providing solutions to customers primarily within the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets. It converts these materials using laminating, molding, and fabricating manufacturing technologies.

5 Day Chart for NASDAQ:UFPT

Receive News & Stock Ratings for UFP Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UFP Technologies Inc. and related stocks with our FREE daily email newsletter.