UFP Industries Inc’s recently made public that its Officer COLE MICHAEL R acquired Company’s shares for reported $0.12 million on Aug 30 ’24. In the deal valued at $120.00 per share,1,000 shares were bought.
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Then, CURRIE WILLIAM G bought 9,477 shares, generating $1,170,000 in total proceeds.
Before that, CURRIE WILLIAM G bought 1,650 shares. UFP Industries Inc shares valued at $203,500 were divested by the Officer at a price of $123.33 per share.
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 -6.48% to $123.04. Over the last five days, the stock has lost -5.38%. UFP Industries Inc shares have fallen nearly -2.00% since the year began. Nevertheless, the stocks have risen 30.49% over the past one year. While a 52-week high of $139.54 was reached on 10/16/24, a 52-week low of $90.62 was recorded on 07/05/24. SMA at 50 days reached $126.76, while 200 days put it at $119.22.
Levels Of Support And Resistance For UFPI Stock
The 24-hour chart illustrates a support level at 119.17, which if violated will result in even more drops to 115.30. On the upside, there is a resistance level at 125.35. A further resistance level may holdings at 127.66. The Relative Strength Index (RSI) on the 14-day chart is 36.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.23%. Stochastics %K at 21.04% indicates the stock is a holding.
How much short interest is there in UFP Industries Inc?
A steep rise in short interest was recorded in UFP Industries Inc stocks on 2024-10-15, dropping by 20129.0 shares to a total of 0.84 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 0.86 million shares. There was a decline of -2.41%, which implies that there is a negative sentiment for the stock.
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.
