UFP Technologies, Inc. (NASDAQ:UFPT) VP Jason Holt Sells 146 Shares of Stock

UFP Technologies, Inc. (NASDAQ:UFPT) VP Jason Holt sold 146 shares of the stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $342.69, for a total value of $50,032.74. Following the completion of the transaction, the vice president now directly owns 6,721 shares in the company, valued at approximately $2,303,219.49. This trade represents a 2.13 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

UFP Technologies Trading Down 0.2 %

Shares of UFPT stock traded down $0.60 on Friday, hitting $308.85. The stock had a trading volume of 9,579 shares, compared to its average volume of 61,081. The company has a current ratio of 2.57, a quick ratio of 1.43 and a debt-to-equity ratio of 0.64. UFP Technologies, Inc. has a twelve month low of $152.43 and a twelve month high of $366.41. The company has a fifty day moving average price of $310.39 and a two-hundred day moving average price of $294.76. The firm has a market cap of $2.37 billion, a P/E ratio of 44.14 and a beta of 0.96.

Institutional Investors Weigh In On UFP Technologies

Several large investors have recently modified their holdings of the business. Arizona State Retirement System grew its position in shares of UFP Technologies by 1.9% in the 2nd quarter. Arizona State Retirement System now owns 2,032 shares of the industrial products company’s stock valued at $536,000 after purchasing an additional 38 shares during the period. Morgan Dempsey Capital Management LLC grew its holdings in shares of UFP Technologies by 2.9% in the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 1,459 shares of the industrial products company’s stock valued at $385,000 after acquiring an additional 41 shares in the last quarter. Millington Financial Advisors LLC lifted its stake in UFP Technologies by 0.4% in the 2nd quarter. Millington Financial Advisors LLC now owns 12,737 shares of the industrial products company’s stock valued at $3,361,000 after purchasing an additional 51 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of UFP Technologies by 77.9% in the third quarter. GAMMA Investing LLC now owns 137 shares of the industrial products company’s stock valued at $43,000 after buying an additional 60 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its position in shares of UFP Technologies by 1.0% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 5,948 shares of the industrial products company’s stock valued at $1,569,000 after buying an additional 61 shares in the last quarter. 87.28% of the stock is currently owned by institutional investors.

UFP Technologies Company Profile

UFP Technologies, Inc designs and manufactures solutions for medical devices, sterile packaging, and other highly engineered custom products. The company offers protective drapes for robotic surgery, single patient use surfaces, advanced wound care, infection prevention, disposables for surgical and endoscopic procedures, packaging for medical devices, orthopedic implants, biopharma drug manufacturing, and coils for catheters; and molded components for applications in acoustic insulation, interior trim, load floors, sunshades, SUV cargo cover handles, driveshaft damping, engine and manifold covers, quarter panels, and wheel liners.