Disclosed on December 4, R. Jeffrey Bailly, President and CEO at UFP Techs (NASDAQ:UFPT), executed a substantial insider sell as per the latest SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, Bailly sold 7,496 shares of UFP Techs. The total transaction value is $1,293,333.
In the Tuesday's morning session, UFP Techs's shares are currently trading at $170.49, experiencing a down of 0.0%.
Get to Know UFP Techs Better
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.
Financial Milestones: UFP Techs's Journey
Revenue Growth: Over the 3 months period, UFP Techs showcased positive ...