Danielle Benedict Sells 4,807 Shares of United Natural Foods (NYSE:UNFI) Stock

United Natural Foods, Inc. (NYSE:UNFI) insider Danielle Benedict sold 4,807 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $52.00, for a total value of $249,964.00. Following the transaction, the insider directly owned 98,470 shares in the company, valued at $5,120,440. This trade represents a 4.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

United Natural Foods Stock Performance

UNFI stock opened at $52.23 on Friday. The company has a 50-day simple moving average of $43.97 and a 200 day simple moving average of $39.04. The company has a market capitalization of $3.17 billion, a P/E ratio of -40.18 and a beta of 0.82. The company has a quick ratio of 0.52, a current ratio of 1.33 and a debt-to-equity ratio of 1.11. United Natural Foods, Inc. has a fifty-two week low of $20.78 and a fifty-two week high of $52.68.

United Natural Foods (NYSE:UNFI) last released its earnings results on Tuesday, March 10th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.51 by $0.11. The firm had revenue of $7.95 billion for the quarter, compared to analysts’ expectations of $8.11 billion. United Natural Foods had a negative net margin of 0.25% and a positive return on equity of 6.05%. United Natural Foods’s quarterly revenue was down 2.6% on a year-over-year basis. During the same quarter last year, the company earned $0.22 EPS. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. Sell-side analysts predict that United Natural Foods, Inc. will post 2.52 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. acquired a new stake in shares of United Natural Foods during the 4th quarter valued at $26,000. Quarry LP acquired a new position in shares of United Natural Foods in the 3rd quarter worth $29,000. Larson Financial Group LLC grew its holdings in shares of United Natural Foods by 4,266.7% in the 3rd quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock worth $30,000 after acquiring an additional 768 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of United Natural Foods during the fourth quarter worth $31,000. Finally, Farther Finance Advisors LLC lifted its holdings in shares of United Natural Foods by 60.7% during the fourth quarter. Farther Finance Advisors LLC now owns 993 shares of the company’s stock valued at $33,000 after purchasing an additional 375 shares during the last quarter. Institutional investors and hedge funds own 87.63% of the company’s stock.

Analyst Upgrades and Downgrades

UNFI has been the subject of a number of research analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a research report on Wednesday, April 8th. Zacks Research downgraded United Natural Foods from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. BMO Capital Markets upped their price objective on United Natural Foods from $48.00 to $52.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Wells Fargo & Company raised United Natural Foods from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $40.00 to $56.00 in a research note on Thursday, March 26th. Finally, UBS Group lifted their target price on United Natural Foods from $42.00 to $44.00 and gave the stock a “neutral” rating in a report on Wednesday, March 11th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $43.63.

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.