The President & COO of Universal Forest (UFPI) is Buying Shares


Today, the President & COO of Universal Forest (UFPI), Patrick Webster, bought shares of UFPI for $80.17K.

In addition to Patrick Webster, 3 other UFPI executives reported Buy trades in the last month. Following this transaction Patrick Webster’s holding in the company was increased by 1.12% to a total of $7.21 million.

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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 $1.76B and the company has a P/E ratio of 11.88. Currently, Universal Forest has an average volume of 87.55K.

The insider sentiment on Universal Forest has been positive according to 58 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Patrick Webster’s trades have generated a 5.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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.

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