David Smith, UFP Technologies, Inc. (UFPT)’s insider Unloaded 1,420 Shares; Trust Company Has Lowered Western Digital (WDC) Holding By $330,062

UFP Technologies, Inc. (NASDAQ:UFPT) Logo

Trust Company decreased Western Digital Corp (WDC) stake by 38.04% reported in 2017Q4 SEC filing. Trust Company sold 4,178 shares as Western Digital Corp (WDC)’s stock rose 14.25%. The Trust Company holds 6,806 shares with $542,000 value, down from 10,984 last quarter. Western Digital Corp now has $25.89 billion valuation. The stock decreased 2.86% or $2.56 during the last trading session, reaching $87. About 2.84 million shares traded. Western Digital Corporation (NASDAQ:WDC) has risen 17.32% since April 24, 2017 and is uptrending. It has outperformed by 5.77% the S&P500.

Analysts await UFP Technologies, Inc. (NASDAQ:UFPT) to report earnings on May, 2. They expect $0.16 EPS, down 46.67% or $0.14 from last year’s $0.3 per share. UFPT’s profit will be $1.17M for 49.92 P/E if the $0.16 EPS becomes a reality. After $0.37 actual EPS reported by UFP Technologies, Inc. for the previous quarter, Wall Street now forecasts -56.76% negative EPS growth.

Vice President David Smith of Ufp Technologies Inc, unloaded 1,420 of the corporation shares having a market value near $45,554 USD with an average of $32.1 price for each share. This is not his first insider trade, in the last month, he sold another 9,380 shares worth $301,823 USD. Currently, Mr. David, possess 12,551 shares, which accounts for 0.17% of the company’s market cap. The dated April 23, 2018 transaction’s filing filed with the U.S. Security and Exchange Commission is available for review here.

The stock increased 0.63% or $0.2 during the last trading session, reaching $31.95. About 12,136 shares traded. UFP Technologies, Inc. (NASDAQ:UFPT) has risen 18.18% since April 24, 2017 and is uptrending. It has outperformed by 6.63% the S&P500.

Investors sentiment decreased to 1.5 in Q4 2017. Its down 0.20, from 1.7 in 2017Q3. It dropped, as 4 investors sold UFP Technologies, Inc. shares while 22 reduced holdings. 14 funds opened positions while 25 raised stakes. 4.95 million shares or 1.37% more from 4.88 million shares in 2017Q3 were reported. Mufg Americas Holdings accumulated 31 shares. California State Teachers Retirement Sys stated it has 0% in UFP Technologies, Inc. (NASDAQ:UFPT). Macquarie Grp Limited holds 2,757 shares or 0% of its portfolio. Wcm Invest Ca stated it has 0.09% in UFP Technologies, Inc. (NASDAQ:UFPT). Caprock Grp Inc has invested 0.05% of its portfolio in UFP Technologies, Inc. (NASDAQ:UFPT). Renaissance Tech Limited Liability Company holds 0.02% or 563,000 shares in its portfolio. 2,675 are owned by Stratos Wealth. Anchor Cap Advisors Limited Liability Corporation stated it has 36,285 shares or 0.04% of all its holdings. 10,730 were reported by Wells Fargo & Mn. 11,400 were reported by Bessemer Group Inc Inc Inc. Strs Ohio invested in 600 shares. Gsa Ptnrs Llp holds 0.01% of its portfolio in UFP Technologies, Inc. (NASDAQ:UFPT) for 7,264 shares. Fmr Limited Liability Corporation has 115,487 shares for 0% of their portfolio. Vanguard Gp holds 308,304 shares or 0% of its portfolio. Bancorp Of America De has 3,031 shares.

Since April 5, 2018, it had 0 buys, and 6 insider sales for $301,823 activity. The insider Smith W David sold 1,345 shares worth $41,856.

UFP Technologies, Inc. designs and converts foams, plastics, composites, and natural fiber materials and provides solutions to medical, automotive, consumer, electronics, industrial, aerospace, and defense markets in the United States. The company has market cap of $233.73 million. It offers medical device components, disposable wound care components, automotive interior trims, athletic padding, abrasive nail files and other beauty aids, air filtration, high-temperature insulation, military uniform and gear components, and cushion packaging products. It has a 25.36 P/E ratio. The firm also provides wine shipping solutions made from molded fiber under the Wine Packs brand name; tube and pipe insulation for clean room environments under the T-Tubes brand; pharmaceutical bag protection system under the BioShell brand name; sanitary solution for nail care services under the Pro-Sticks brand; medical device pouch for protecting small instruments and tools under the FlexShield brand name; and multi-purpose cleaning eraser under the Erasables brand, as well as various products under the Spot Eraser, Tri-Covers, Design Nail, and Mambo names.

Analysts await Western Digital Corporation (NASDAQ:WDC) to report earnings on April, 26 after the close. They expect $2.97 earnings per share, up 43.48% or $0.90 from last year’s $2.07 per share. WDC’s profit will be $883.76M for 7.32 P/E if the $2.97 EPS becomes a reality. After $3.62 actual earnings per share reported by Western Digital Corporation for the previous quarter, Wall Street now forecasts -17.96% negative EPS growth.

Since January 29, 2018, it had 0 buys, and 11 selling transactions for $24.09 million activity. 90,755 Western Digital Corporation (NASDAQ:WDC) shares with value of $8.00 million were sold by MILLIGAN STEPHEN D. The insider LONG MARK P sold 7,026 shares worth $693,064. RAY MICHAEL CHARLES sold $369,385 worth of stock. Shares for $942,109 were sold by Sivaram Srinivasan on Friday, February 16.

UFP Technologies, Inc. (NASDAQ:UFPT) Institutional Positions Chart