107,950 Shares in UFP Technologies, Inc. (NASDAQ:UFPT) Purchased by Boston Trust Walden Corp

Boston Trust Walden Corp bought a new position in shares of UFP Technologies, Inc. (NASDAQ:UFPT - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 107,950 shares of the industrial products company's stock, valued at approximately $26,395,000. Boston Trust Walden Corp owned approximately 1.41% of UFP Technologies as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Northwest Investment Counselors LLC bought a new stake in shares of UFP Technologies during the 3rd quarter worth approximately $32,000. GAMMA Investing LLC increased its holdings in UFP Technologies by 77.9% during the third quarter. GAMMA Investing LLC now owns 137 shares of the industrial products company's stock worth $43,000 after buying an additional 60 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in UFP Technologies during the second quarter worth $36,000. Truvestments Capital LLC acquired a new stake in UFP Technologies in the third quarter valued at $56,000. Finally, KBC Group NV grew its position in shares of UFP Technologies by 42.4% in the 3rd quarter. KBC Group NV now owns 272 shares of the industrial products company's stock valued at $86,000 after acquiring an additional 81 shares during the period. 87.28% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at UFP Technologies

In other UFP Technologies news, CEO R Jeffrey Bailly sold 12,533 shares of the company's stock in a transaction on Tuesday, November 12th. The stock was 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 $10,807,473.24. This represents a 28.66 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Jason Holt sold 146 shares of UFP Technologies stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $342.69, for a total value of $50,032.74. Following the sale, the vice president now directly owns 6,721 shares of the company's stock, valued at $2,303,219.49. This represents a 2.13 % decrease in their position. The disclosure for this sale can be found here. 6.17% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of UFP Technologies from a "hold" rating to a "sell" rating in a report on Thursday, January 23rd.

UFP Technologies Stock Performance

Shares of NASDAQ UFPT traded down $18.61 during midday trading on Friday, hitting $261.33. 131,022 shares of the company's stock were exchanged, compared to its average volume of 101,589. UFP Technologies, Inc. has a 12 month low of $167.71 and a 12 month high of $366.41. The company's 50 day moving average price is $265.06 and its 200 day moving average price is $296.99. The company has a quick ratio of 1.43, a current ratio of 2.57 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $2.00 billion, a PE ratio of 37.28 and a beta of 1.04.

UFP Technologies 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.