Universal Forest Products Inc (UFPI) Files Form 4 Insider Selling : Matthew J Missad Sells 400 Shares

Universal Forest Products Inc (UFPI): Matthew J Missad , Chief Executive Officer of Universal Forest Products Inc sold 400 shares on Sep 9, 2016. The Insider selling transaction was reported by the company on Sep 12, 2016 to the Securities and Exchange Commission. The shares were sold at $102.75 per share for a total value of $41,100.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 7, 2016, Robert D Coleman (Exec Vice Pres Manufacturing) sold 2,500 shares at $108.17 per share price.On Sep 6, 2016, Charles Scott Greene (Executive VP Marketing) sold 4,639 shares at $109.99 per share price.Also, On Mar 8, 2016, David A. Tutas (VP Legal, Gen Csl, Secty) sold 265 shares at $79.50 per share price.

Shares of Universal Forest Products (UFPI) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -0.62 points or -0.60% at $101.99 with 223,869 shares getting traded. Post opening the session at $101.67, the shares hit an intraday low of $100.62 and an intraday high of $103.055 and the price vacillated in this range throughout the day. The company has a market cap of $2,071 M and the number of outstanding shares has been calculated to be 20,307,463 shares. The 52-week high of Universal Forest Products is $110.97 and the 52-week low is $57.11.

Universal Forest Products Money Flow Index Chart

Universal Forest Products Inc. is a holding company. The Company capital management and administrative resources to subsidiaries that supply wood wood composite and other products to three primary markets: retail housing and construction and industrial. The Company’s retail market comprises building materials sold primarily to national home center retailers retail-oriented regional lumber yards and contractor-oriented lumber yards. Its housing and construction market comprises three submarkets manufactured housing customers residential construction customers and commercial construction customers. Its industrial market is defined as industrial manufacturers and other customers for packaging material handling and other applications. The Company’s segments include Eastern Western Site-Built Consumer Products Distribution and Pinelli Universal.

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