Revealing a significant insider sell on February 27, R. Jeffrey Bailly, CEO at UFP Techs (NASDAQ:UFPT), as per the latest SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Bailly sold 27,090 shares of UFP Techs. The total transaction amounted to $5,674,681.
In the Wednesday's morning session, UFP Techs's shares are currently trading at $205.93, experiencing a down of 0.0%.
Delving into UFP Techs's Background
UFP Technologies Inc is a designer and custom manufacturer of components, subassemblies, products and packaging utilizing highly specialized foams, films, and plastics primarily for the medical market. The company manufactures its products by converting raw materials using laminating, molding, radio frequency and impulse welding and fabricating manufacturing techniques. It is an important link in the medical device supply chain and a valued outsource partner to many of the top medical device manufacturers in the world. The company's single-use and single-patient devices and components are used in a wide range of medical devices, disposable wound care products, infection prevention, minimally invasive surgery, wearables, orthopedic soft goods, and orthopedic implant packaging.
UFP Techs: Financial Performance Dissected
Revenue Growth: UFP Techs's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an ...