Today it was reported that the Executive VP Marketing of Universal Forest (UFPI), Charles Scott Greene, exercised options to buy 1,717 UFPI shares at $26.46 a share, for a total transaction value of $45.43K. The options were close to expired and Charles Scott Greene retained stocks.
Following this transaction Charles Scott Greene’s holding in the company was increased by 7.74% to a total of $620.1K. In addition to Charles Scott Greene, 4 other UFPI executives reported Buy trades in the last month.
See today’s analyst top recommended stocks >>
Based on Universal Forest’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.21 billion and quarterly net profit of $40.27 million. In comparison, last year the company earned revenue of $966 million and had a net profit of $30.52 million. UFPI’s market cap is $1.6B and the company has a P/E ratio of 10.79. Currently, Universal Forest has an average volume of 102.9K.
In the last 30 days, insiders have sold $8,877 worth of UFPI shares and purchased $190.9K worth of UFPI shares. The insider sentiment on Universal Forest has been neutral according to 62 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Universal Forest Products, Inc. is a holding company, which through its subsidiaries, engages in the supply of wood, wood composite, and other products to the retail, construction, and industrial markets. It operates through the following segments: North, South, West, All Other, and Corporate.
