November 29, 2016 - By Linda Rogers
In a legal document which was filled with the D.C. based-SEC, we discovered that the President and CEO of Ufp Technologies Inc Jeffrey Bailly, an insider in question, made a stock market transaction for 900 shares of the Massachusetts-based Ufp Technologies Inc, having a market value near $22,977 U.S Dollars using the average stock value of $25.5 U.S Dollars. In the last month, he also sold 14,298 shares worth $366,709 USD. This transaction decreased his ownership of the company to 8.73% stock market capitalization or 629,968 shares.
Insitutional Activity: The institutional sentiment decreased to 1.53 in 2016 Q2. Its down 0.17, from 1.7 in 2016Q1. The ratio dived, as 9 funds sold all UFP Technologies, Inc. shares owned while 11 reduced positions. 12 funds bought stakes while 22 increased positions. They now own 4.28 million shares or 1.71% less from 4.35 million shares in 2016Q1.
Moreover, Renaissance Technologies Ltd Limited Liability Company has 0.02% invested in UFP Technologies, Inc. (NASDAQ:UFPT) for 536,700 shares. Wellington Management Group Llp holds 0% or 387,954 shares in its portfolio. Blackrock Fund Advsrs holds 0% or 165,676 shares in its portfolio. Thomson Horstmann Bryant last reported 317,104 shares in the company. Cna owns 10,061 shares or 0.06% of their US portfolio. Deutsche Bank & Trust Ag accumulated 0% or 19,523 shares. Boston Prtn accumulated 188,550 shares or 0.01% of the stock. Cubic Asset Lc owns 53,019 shares or 0.41% of their US portfolio. Moreover, Citigroup has 0% invested in UFP Technologies, Inc. (NASDAQ:UFPT) for 676 shares. Morgan Stanley owns 115 shares or 0% of their US portfolio. Nationwide Fund Advsrs has invested 0% of its portfolio in UFP Technologies, Inc. (NASDAQ:UFPT). Us Bankshares De, a Minnesota-based fund reported 20,265 shares. Euclidean Technologies Mngmt Ltd Liability has 1.55% invested in the company for 64,217 shares. Wcm Investment Management Ca last reported 0.09% of its portfolio in the stock. Panagora Asset Mngmt Inc owns 624 shares or 0% of their US portfolio.
Insider Transactions: Since June 9, 2016, the stock had 0 buys, and 2 insider sales for $345,144 net activity. 3,600 UFP Technologies, Inc. (NASDAQ:UFPT) shares with value of $79,200 were sold by SHAW DANIEL J. BAILLY R JEFFREY also sold $265,944 worth of UFP Technologies, Inc. (NASDAQ:UFPT) shares.
About 4,261 shares traded hands. UFP Technologies, Inc. (NASDAQ:UFPT) has risen 3.42% since April 26, 2016 and is uptrending. It has underperformed by 1.84% the S&P500.
UFP Technologies, Inc. is a designer and custom converter of foams, plastics, composites and natural fiber materials. The company has a market cap of $179.65 million. The Firm is engaged in providing solutions to clients primarily within the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets. It has a 22.53 P/E ratio. It converts these materials using laminating, molding, and fabricating manufacturing technologies.
According to Zacks Investment Research, “UFP TECH., INC. designs and manufactures a range of high-performance cushion packaging and specialty foam and plastic prods. for the industrial and consumer markets. UFP also designs precision moulded fibre packaging prods. made from recycled paper.”
Analysts await UFP Technologies, Inc. (NASDAQ:UFPT) to report earnings on March, 7. They expect $0.35 earnings per share, up 16.67% or $0.05 from last year’s $0.3 per share. UFPT’s profit will be $2.49 million for 18.04 P/E if the $0.35 EPS becomes a reality. After $0.22 actual earnings per share reported by UFP Technologies, Inc. for the previous quarter, Wall Street now forecasts 59.09% EPS growth.
More news for UFP Technologies, Inc. (NASDAQ:UFPT) were recently published by: Streetinsider.com, which released: “Form 4 UFP TECHNOLOGIES INC For: Nov 23 Filed by: BAILLY R JEFFREY” on November 28, 2016. Businesswire.com‘s article titled: “UFP Technologies Appoints Dan Croteau to its Board” and published on December 16, 2015 is yet another important article.
UFP Technologies, Inc., incorporated on October 15, 1993, is a designer and custom converter of foams, plastics, composites and natural fiber materials. The Firm is engaged in providing solutions to clients primarily within the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets. It converts these materials using laminating, molding and fabricating manufacturing technologies. The Company’s raw materials consist of polyethylene and polyurethane foams, sheet plastics, pulp fiber, cross-linked polyethylene and reticulated polyurethane foams, fabric and foam laminates, and natural fiber materials. The Firm converts these materials to provide clients various solutions, including automotive interior trim, medical device components, disposable wound care components, military uniform and gear components, athletic padding, air filtration, high-temperature insulation, abrasive nail files and other beauty aids, and cushion packaging for their products.
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By Linda Rogers