UFP Technologies Inc’s recent filing unveils that its Vice President Holt Jason unloaded Company’s shares for reported $50033.0 on Nov 12 ’24. In the deal valued at $342.69 per share,146 shares were sold. As a result of this transaction, Holt Jason now holds 6,721 shares worth roughly $1.78 million.
Then, BAILLY R JEFFREY sold 12,533 shares, generating $4,342,200 in total proceeds. Upon selling the shares at $346.46, the CEO now owns 31,194 shares.
Before that, BAILLY R JEFFREY sold 2,488 shares. UFP Technologies Inc shares valued at $860,102 were divested by the CEO at a price of $345.70 per share. As a result of the transaction, BAILLY R JEFFREY now holds 28,706 shares, worth roughly $7.61 million.
Lake Street reiterated its UFP Technologies Inc [UFPT] rating to a Buy in a research note published on July 17, 2024; the price target was $392. A number of analysts have revised their coverage, including CJS Securities’s analysts, who began to cover the stock in mid March with a ‘”a Market outperform”‘ rating. KeyBanc Capital Markets began covering UFPT with “Sector weight” recommendation on February 06, 2024.
Price Performance Review of UFPT
On Friday, UFP Technologies Inc [NASDAQ:UFPT] saw its stock jump 1.09% to $265.04. Over the last five days, the stock has gained 9.54%. UFP Technologies Inc shares have risen nearly 8.40% since the year began. Nevertheless, the stocks have risen 63.46% over the past one year. While a 52-week high of $366.41 was reached on 01/17/25, a 52-week low of $152.43 was recorded on 01/13/25. SMA at 50 days reached $281.47, while 200 days put it at $284.17.
Levels Of Support And Resistance For UFPT Stock
The 24-hour chart illustrates a support level at 260.67, which if violated will result in even more drops to 256.31. On the upside, there is a resistance level at 269.20. A further resistance level may holdings at 273.37. The Relative Strength Index (RSI) on the 14-day chart is 54.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 12.83, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.51%. Stochastics %K at 87.61% indicates the stock is a selling.
How much short interest is there in UFP Technologies Inc?
A steep rise in short interest was recorded in UFP Technologies Inc stocks on 2024-12-31, dropping by 47218.0 shares to a total of 0.71 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.76 million shares. There was a decline of -6.65%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 22, 2022 when Lake Street began covering the stock and recommended ‘”a Buy”‘ rating along with a $110 price target.
