In a filing, UFP Industries Inc revealed its Pres, UFP Construction, LLC Benton Patrick M. unloaded Company’s shares for reported $1.35 million on Jun 13 ’24. In the deal valued at $115.27 per share,11,725 shares were sold. As a result of this transaction, Benton Patrick M. now holds 97,729 shares worth roughly $10.81 million.
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Then, Benton Patrick M. sold 346 shares, generating $39,867 in total proceeds. Upon selling the shares at $115.22, the Pres, UFP Construction, LLC now owns 97,383 shares.
Before that, Tutas David A. sold 3,038 shares. UFP Industries Inc shares valued at $365,205 were divested by the Chief Comp Off, Gen Csl, Secty at a price of $120.21 per share. As a result of the transaction, Tutas David A. now holds 21,374 shares, worth roughly $2.37 million.
DA Davidson downgraded its UFP Industries Inc [UFPI] rating to a Neutral from a a Buy in a research note published on November 01, 2023; the price target was decreased to $106 from $122. A number of analysts have revised their coverage, including Sidoti’s analysts, who increased its forecast for the stock in mid July from “a Neutral” to “a Buy”. Stifel started covering the stock on March 11, 2020. It rated UFPI as “a Buy”.
Price Performance Review of UFPI
On Tuesday, UFP Industries Inc [NASDAQ:UFPI] saw its stock fall -4.60% to $110.65. Over the last five days, the stock has lost -3.96%. UFP Industries Inc shares have fallen nearly -11.87% since the year began. Nevertheless, the stocks have risen 22.77% over the past one year. While a 52-week high of $128.65 was reached on 01/02/24, a 52-week low of $90.43 was recorded on 02/20/24. SMA at 50 days reached $116.17, while 200 days put it at $112.57. A total of 0.39 million shares were traded, compared to the trading of 0.22 million shares in the previous session.
Levels Of Support And Resistance For UFPI Stock
The 24-hour chart illustrates a support level at 108.59, which if violated will result in even more drops to 106.53. On the upside, there is a resistance level at 114.17. A further resistance level may holdings at 117.68. The Relative Strength Index (RSI) on the 14-day chart is 36.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.75%. Stochastics %K at 28.94% indicates the stock is a holding.
The most recent change occurred on March 05, 2020 when The Benchmark Company began covering the stock and recommended ‘”a Buy”‘ rating along with a $57 price target.
