New insider activity at Ufp Technologies ( (UFPT) ) has taken place on February 28, 2025.
CFO Ronald Lataille has made a significant investment in Ufp Technologies by purchasing 400 shares of the company’s stock, with the total transaction valued at $91,632.
Recent Updates on UFPT stock
UFP Technologies reported record-breaking financial results for 2024, with a 31.3% increase in net income and a 26.1% rise in net sales, driven by strong performance in its MedTech sales and recent acquisitions. The company saw a 41.1% increase in net income and a 41.9% increase in sales in Q4 alone. The expansion of operations in the Dominican Republic and successful acquisitions contributed to these results. Looking forward, UFP Technologies plans to launch major programs in 2025 and continue its acquisition strategy, supported by strong cash flow. Additionally, the company announced executive salary increases and performance-based stock awards, aligning executive compensation with financial and individual performance goals.
More about Ufp Technologies
YTD Price Performance: -4.17%
Average Trading Volume: 101,296
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.81B