4,745 Shares in UFP Technologies, Inc. (NASDAQ:UFPT) Bought by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in UFP Technologies, Inc. (NASDAQ:UFPT - Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 4,745 shares of the industrial products company's stock, valued at approximately $1,503,000. B. Metzler seel. Sohn & Co. Holding AG owned 0.06% of UFP Technologies at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Congress Asset Management Co. grew its position in UFP Technologies by 0.4% in the third quarter. Congress Asset Management Co. now owns 246,303 shares of the industrial products company's stock valued at $78,004,000 after acquiring an additional 986 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in shares of UFP Technologies by 2.6% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 105,118 shares of the industrial products company's stock worth $27,737,000 after purchasing an additional 2,699 shares during the last quarter. Swedbank AB acquired a new stake in shares of UFP Technologies during the 1st quarter worth about $25,220,000. Mountain Pacific Investment Advisers LLC increased its position in shares of UFP Technologies by 0.3% during the 3rd quarter. Mountain Pacific Investment Advisers LLC now owns 92,976 shares of the industrial products company's stock worth $29,445,000 after purchasing an additional 238 shares in the last quarter. Finally, Geneva Capital Management LLC lifted its holdings in UFP Technologies by 0.3% during the 3rd quarter. Geneva Capital Management LLC now owns 80,362 shares of the industrial products company's stock valued at $25,450,000 after purchasing an additional 243 shares during the last quarter. 87.28% of the stock is currently owned by institutional investors.

UFP Technologies Price Performance

UFP Technologies stock traded up $6.48 during trading hours on Friday, hitting $311.27. 61,028 shares of the stock were exchanged, compared to its average volume of 79,619. The stock has a market capitalization of $2.39 billion, a P/E ratio of 44.40 and a beta of 0.96. The business's 50-day moving average is $308.53 and its two-hundred day moving average is $297.24. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.43 and a current ratio of 2.57. UFP Technologies, Inc. has a 12 month low of $152.43 and a 12 month high of $366.41.

Insider Activity at UFP Technologies

In other UFP Technologies news, CEO R Jeffrey Bailly sold 12,533 shares of the firm's stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $346.46, for a total value of $4,342,183.18. Following the transaction, the chief executive officer now directly owns 31,194 shares of the company's stock, valued at approximately $10,807,473.24. This trade represents a 28.66 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Cynthia L. Feldmann sold 647 shares of the company's stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $352.30, for a total value of $227,938.10. Following the completion of the sale, the director now owns 4,049 shares of the company's stock, valued at $1,426,462.70. This represents a 13.78 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,326 shares of company stock valued at $4,620,154 over the last quarter. Corporate insiders own 6.17% of the company's stock.

About UFP Technologies

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.