Ufp Technologies Inc (UFPT) Files Form 4 Insider Selling : Daniel J Shaw Sells 7,359 Shares

Ufp Technologies Inc (UFPT): Daniel J Shaw , Vice President of Ufp Technologies Inc sold 7,359 shares on May 12, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $23.54 per share for a total value of $170,424.70 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 11, 2016, Mitchell Rock (Vice President) sold 7,103 shares at $24.85 per share price.On Nov 23, 2015, Kenneth L Gestal (director) sold 4,541 shares at $23.51 per share price.Also, On Nov 12, 2015, R Jeffrey Bailly (President and CEO) sold 4,833 shares at $24.71 per share price.

Shares of UFP Technologies (UFPT) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.37 points or -1.62% at $22.51 with 17,576 shares getting traded. Post opening the session at $23, the shares hit an intraday low of $22.4 and an intraday high of $23.19 and the price vacillated in this range throughout the day. The company has a market cap of $162 M and the number of outstanding shares has been calculated to be 71,85,897 shares. The 52-week high of UFP Technologies is $25.5 and the 52-week low is $17.51.

UFP Technologies Money Flow Index Chart

UFP Technologies Inc. is a designer and custom converter of foams plastics composites and natural fiber materials. The Company provides solutions to customers primarily within the medical automotive consumer electronics industrial and aerospace and defense markets. It converts these materials using laminating molding and fabricating manufacturing technologies. The Company provides customers various solutions including automotive interior trim medical device components disposable wound care components military uniform and gear components athletic padding air filtration high-temperature insulation abrasive nail files and other beauty aids and cushion packaging for their products. Its brands include Wine Packs T-Tubes BioShell Pro-Sticks FlexShield and Erasables.

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