Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. UFP Industries Inc shares valued at $1,432,623 were sold by Benton Patrick M. on Mar 03 ’25. At $107.04 per share, Benton Patrick M. sold 13,384 shares. The insider’s holdings dropped to 82,458 shares worth approximately $8.62 million following the completion of this transaction.
Also, Benton Patrick M. purchased 13,384 shares, netting a total of over 1,432,744 in proceeds.
Before that, CURRIE WILLIAM G had sold 5,700 shares from its account. In a trade valued at $721,563, the Director traded UFP Industries Inc shares for $126.59 each. Upon closing the transaction, the insider’s holdings decreased to 5,700 shares, worth approximately $6.39 million.
As published in a research note from DA Davidson on November 01, 2023, UFP Industries Inc [UFPI] has been rated down from a Buy to a Neutral and the price target has been revised to $106 from $122. Analysts at Sidoti upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid July. Earlier on March 11, 2020, Stifel initiated its rating. Their recommendation was “a Buy” for UFPI stock.
Analyzing UFPI Stock Performance
During the last five days, there has been a drop of approximately -2.60%. Over the course of the year, UFP Industries Inc shares have dropped approximately -7.23%. Shares of the company reached a 52-week high of $120.00 on 01/15/25 and a 52-week low of $102.35 on 03/04/25. A 50-day SMA is recorded $112.39, while a 200-day SMA reached $120.67.
Support And Resistance Levels for UFP Industries Inc (UFPI)
According to the 24-hour chart, there is a support level at 103.60, which, if violated, would cause prices to drop to 102.71. In the upper region, resistance lies at 106.19. The next price resistance is at 107.89. RSI (Relative Strength Index) is 36.85 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.54, which suggests the price will decrease in the coming days. Percent R is at 73.84%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
