Today, the Pres, CEO & COB of United Natural Foods (UNFI), Steven Spinner, bought shares of UNFI for $235.8K.
Following this transaction Steven Spinner’s holding in the company was increased by 12.91% to a total of $2.01 million. In addition to Steven Spinner, one other UNFI executive reported Buy trades in the last month.
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Based on United Natural Foods’ latest earnings report for the quarter ending October 31, the company posted quarterly revenue of $2.87 billion and GAAP net loss of $19.29 million. In comparison, last year the company earned revenue of $2.46 billion and had a net profit of $30.51 million. UNFI’s market cap is $649.4M and the company has a P/E ratio of 5.63. Currently, United Natural Foods has an average volume of 3.17M.
Based on 13 analyst ratings, the analyst consensus is Hold with an average price target of $23.92, reflecting a 106.4% upside.
The insider sentiment on United Natural Foods has been negative according to 57 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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United Natural Foods, Inc. engages in the distribution of natural, organic, and specialty foods and non-food products. It operates through the Wholesale and Other segment. The Wholesale segment distributes nutritional supplements, personal care items and organic products. The Others segment includes the sale other activities of the firm.
