Susquehanna Fundamental Investments LLC Purchases New Holdings in UFP Technologies, Inc. $UFPT

Susquehanna Fundamental Investments LLC purchased a new stake in UFP Technologies, Inc. (NASDAQ:UFPT) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,347 shares of the industrial products company’s stock, valued at approximately $887,000.

Other institutional investors have also recently made changes to their positions in the company. Global Retirement Partners LLC acquired a new stake in shares of UFP Technologies in the 4th quarter valued at approximately $28,000. Silvant Capital Management LLC bought a new position in shares of UFP Technologies in the second quarter valued at $29,000. Transamerica Financial Advisors LLC acquired a new position in UFP Technologies during the second quarter worth $32,000. Smartleaf Asset Management LLC increased its holdings in UFP Technologies by 1,500.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 176 shares of the industrial products company’s stock worth $41,000 after buying an additional 165 shares during the last quarter. Finally, Versant Capital Management Inc raised its position in UFP Technologies by 1,291.7% during the second quarter. Versant Capital Management Inc now owns 167 shares of the industrial products company’s stock worth $44,000 after acquiring an additional 155 shares in the last quarter. Institutional investors and hedge funds own 87.28% of the company’s stock.

Insider Buying and Selling

In related news, Director Marc D. Kozin sold 7,000 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $304.50, for a total value of $2,131,500.00. Following the completion of the transaction, the director owned 21,112 shares of the company’s stock, valued at $6,428,604. The trade was a 24.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Symeria Hudson sold 1,926 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $324.58, for a total transaction of $625,141.08. Following the completion of the transaction, the director directly owned 1,225 shares in the company, valued at approximately $397,610.50. This represents a 61.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 27,119 shares of company stock valued at $8,460,232 over the last 90 days. 4.59% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Wall Street Zen raised shares of UFP Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Weiss Ratings upgraded UFP Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, UFP Technologies presently has a consensus rating of “Hold”.

UFP Technologies Trading Down 1.3%

UFPT stock opened at $294.06 on Wednesday. UFP Technologies, Inc. has a one year low of $173.86 and a one year high of $338.71. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of 31.69 and a beta of 1.08. The company has a fifty day moving average price of $277.71 and a two-hundred day moving average price of $236.42. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.00 and a quick ratio of 1.72.

UFP Technologies (NASDAQ:UFPT) last issued its quarterly earnings data on Monday, August 3rd. The industrial products company reported $2.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.31 by $0.61. UFP Technologies had a return on equity of 18.42% and a net margin of 11.45%.The company had revenue of $173.96 million during the quarter, compared to analysts’ expectations of $159.38 million. Equities analysts anticipate that UFP Technologies, Inc. will post 10.54 EPS for the current year.

UFP Technologies Company Profile

UFP Technologies, Inc (NASDAQ: UFPT) is a global designer and manufacturer of custom-engineered products using plastics, foams and adhesives. The company partners with customers to develop application-specific solutions through a range of in-house processes, including foam fabrication, die cutting, sheet processing, lamination, machining and assembly services. Its components find use in industries requiring precise material properties, such as medical devices, aerospace, defense, electronics and transportation.

Building on its origins as a specialty foam converter, UFP Technologies has expanded its capabilities to include advanced material technologies, such as thermal management and electromagnetic interference (EMI) shielding solutions.