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Insider Trends: Insider Adds to Selling Trend at UFP Industries

05/07/2021 11:39

03:36 PM EDT, 05/07/2021 (MT Newswires) -- On May 07, 2021, Matthew J Missad, Director and CEO, reported a sale of 15,000 shares in UFP Industries (UFPI) for $1,305,600. Missad has control over 337,621 company shares of which 279,479 shares are controlled directly and 58,142 shares indirectly after the transactions described in the SEC Form 4 filing. These holdings have an approximate market value of $29.9 million as of the prior-day closing price.

Over the last 90 days, previous to the date of this filing, there have been 22 insider transactions reported to the SEC for UFP Industries. These transactions came from the activities of 10 separate insiders that resulted in a net disposition of 55,778 company shares. In the preceding 90-day window of time, there were 6 transactions from 5 insiders that resulted in the net acquisition of 1,675 shares.

This is less than the average level of insider transactions in the 6-company Wood Products peer group over the last 90-day period. Within the peer group activity averaged 76.8 transactions per company, with company insiders acquiring on average 120,424 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/912767/000121465921005043/xslF345X03/marketforms-52699.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.