De Lisle Partners LLP lifted its holdings in UFP Technologies, Inc. (NASDAQ:UFPT - Free Report) by 30.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,573 shares of the industrial products company's stock after acquiring an additional 15,603 shares during the period. UFP Technologies makes up approximately 3.4% of De Lisle Partners LLP's portfolio, making the stock its 3rd biggest position. De Lisle Partners LLP owned approximately 0.87% of UFP Technologies worth $21,070,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in UFPT. Advisors Asset Management Inc. acquired a new position in UFP Technologies during the 1st quarter worth approximately $35,000. Price T Rowe Associates Inc. MD raised its position in shares of UFP Technologies by 2,331.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 43,134 shares of the industrial products company's stock worth $10,879,000 after purchasing an additional 41,360 shares during the period. Tidal Investments LLC bought a new position in shares of UFP Technologies in the 1st quarter worth $448,000. Swedbank AB acquired a new stake in UFP Technologies in the 1st quarter valued at $25,220,000. Finally, EverSource Wealth Advisors LLC increased its stake in UFP Technologies by 1,614.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 120 shares of the industrial products company's stock valued at $30,000 after purchasing an additional 113 shares in the last quarter. 87.28% of the stock is owned by institutional investors.
Insider Buying and Selling at UFP Technologies
In other news, CEO R Jeffrey Bailly sold 12,533 shares of the business's stock in a transaction that occurred 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 owns 31,194 shares in the company, valued at $10,807,473.24. The trade was a 28.66 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Jason Holt sold 146 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the vice president now owns 6,721 shares in the company, valued at $2,303,219.49. The trade was a 2.13 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 13,326 shares of company stock worth $4,620,154. Insiders own 6.17% of the company's stock.
UFP Technologies Stock Up 3.5 %
Shares of UFPT traded up $10.97 on Thursday, reaching $321.92. The company's stock had a trading volume of 83,150 shares, compared to its average volume of 61,514. The stock has a market capitalization of $2.47 billion, a PE ratio of 45.92 and a beta of 0.96. 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 firm has a fifty day moving average of $307.63 and a 200-day moving average of $298.77.
UFP Technologies Company Profile
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Free Report)
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.
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