Today, the President of Universal Forest (NASDAQ: UFPI), Jonathan West, sold shares of UFPI for $86.5K.
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Based on Universal Forest’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $994 million and quarterly net profit of $32.83 million. In comparison, last year the company earned revenue of $846 million and had a net profit of $20.7 million. The company has a one-year high of $39.58 and a one-year low of $25.93. UFPI’s market cap is $1.98B and the company has a P/E ratio of 15.25.
The insider sentiment on Universal Forest has been negative according to 72 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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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.
