HealthInvest Partners AB Buys 8,248 Shares of UFP Technologies, Inc. (NASDAQ:UFPT)

HealthInvest Partners AB boosted its holdings in shares of UFP Technologies, Inc. (NASDAQ:UFPT) by 84.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 18,048 shares of the industrial products company’s stock after acquiring an additional 8,248 shares during the period. UFP Technologies accounts for 2.7% of HealthInvest Partners AB’s portfolio, making the stock its 16th largest position. HealthInvest Partners AB owned 0.24% of UFP Technologies worth $5,716,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of UFPT. Janney Montgomery Scott LLC bought a new stake in UFP Technologies in the 1st quarter valued at approximately $229,000. Sei Investments Co. lifted its position in UFP Technologies by 171.8% during the first quarter. Sei Investments Co. now owns 4,827 shares of the industrial products company’s stock worth $1,217,000 after purchasing an additional 3,051 shares during the period. ProShare Advisors LLC boosted its holdings in shares of UFP Technologies by 7.4% in the 1st quarter. ProShare Advisors LLC now owns 1,428 shares of the industrial products company’s stock valued at $360,000 after purchasing an additional 99 shares in the last quarter. CreativeOne Wealth LLC bought a new stake in shares of UFP Technologies during the 1st quarter valued at approximately $272,000. Finally, Advisors Asset Management Inc. acquired a new position in UFP Technologies in the 1st quarter worth about $35,000. 87.28% of the stock is owned by institutional investors.

UFP Technologies Trading Up 0.5 %

UFPT traded up $1.63 during trading on Thursday, reaching $300.42. 431 shares of the company’s stock were exchanged, compared to its average volume of 61,244. The stock has a market capitalization of $2.30 billion, a PE ratio of 42.62 and a beta of 0.96. The company has a current ratio of 2.57, a quick ratio of 1.43 and a debt-to-equity ratio of 0.64. UFP Technologies, Inc. has a one year low of $152.43 and a one year high of $366.41. The firm has a fifty day moving average price of $308.59 and a two-hundred day moving average price of $296.80.

Insider Activity

In other UFP Technologies news, Director Cynthia L. Feldmann sold 647 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $352.30, for a total transaction of $227,938.10. Following the transaction, the director now directly owns 4,049 shares in the company, valued at approximately $1,426,462.70. This represents a 13.78 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Jason Holt sold 146 shares of UFP Technologies stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $342.69, for a total transaction of $50,032.74. Following the completion of the sale, the vice president now owns 6,721 shares of the company’s stock, valued at $2,303,219.49. This represents a 2.13 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 15,718 shares of company stock valued at $5,407,218. Company insiders own 6.17% of the company’s stock.

UFP Technologies Profile

UFP Technologies, Inc designs and manufactures solutions for medical devices, sterile packaging, and other highly engineered custom products. The company offers protective drapes for robotic surgery, single patient use surfaces, advanced wound care, infection prevention, disposables for surgical and endoscopic procedures, packaging for medical devices, orthopedic implants, biopharma drug manufacturing, and coils for catheters; and molded components for applications in acoustic insulation, interior trim, load floors, sunshades, SUV cargo cover handles, driveshaft damping, engine and manifold covers, quarter panels, and wheel liners.