UFP Technologies VP Jason Holt sells $348,700 in company stock
UFP Technologies Vice President Jason Holt divested $348,700 worth of the company's stock on August 6, 2026, according to a Securities and Exchange Commission filing. The sale involved 1,100 shares, each sold at $317.00. This occurrence occurred as UFP Technologies shares approached a 52-week high of $338.71, following a robust performance with a 31% increase over the past six months and a 45% return year-to-date.
Post this transaction, Holt retains 7,878 shares of UFP Technologies common stock. The company trades at a P/E ratio of 35.12, appearing overvalued according to InvestingPro's analysis. For further insights, investors can utilize the Pro Research Report available on the InvestingPro platform. The filing was signed by Patrick J. Kinney, Jr., acting as attorney-in-fact for Holt on August 7, 2026.
Additionally, UFP Technologies recently reported its Q2 2026 financial results, exceeding analyst projections with adjusted earnings of $2.92 per share, significantly surpassing the estimated $2.37 per share. Revenue also outperformed expectations, reaching $173.96 million, a 15.1% increase from the previous year. Adjusted earnings rose by 16.8%, marking a record for the company, demonstrating strong performance with both earnings and revenue surpassing estimates by notable margins.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
