United Natural Foods (NYSE:UNFI) Insider Mark Bushway Sells 10,000 Shares

United Natural Foods, Inc. (NYSE:UNFI) insider Mark Bushway sold 10,000 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $51.56, for a total value of $515,600.00. Following the transaction, the insider directly owned 51,119 shares of the company’s stock, valued at approximately $2,635,695.64. This represents a 16.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

United Natural Foods Stock Down 1.5%

Shares of United Natural Foods stock opened at $50.41 on Friday. The company has a quick ratio of 0.51, a current ratio of 1.33 and a debt-to-equity ratio of 1.04. United Natural Foods, Inc. has a 52-week low of $21.28 and a 52-week high of $57.02. The company has a market capitalization of $3.05 billion, a P/E ratio of -76.38 and a beta of 0.81. The company has a 50 day moving average of $50.33 and a 200 day moving average of $42.40.

United Natural Foods (NYSE:UNFI) last announced its quarterly earnings data on Tuesday, June 9th. The company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.04). The firm had revenue of $7.72 billion during the quarter, compared to analysts’ expectations of $7.79 billion. United Natural Foods had a negative net margin of 0.12% and a positive return on equity of 7.42%. The company’s revenue for the quarter was down 4.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.44 earnings per share. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. As a group, research analysts forecast that United Natural Foods, Inc. will post 2.52 EPS for the current fiscal year.

Institutional Trading of United Natural Foods

A number of large investors have recently bought and sold shares of the business. Brighton Jones LLC acquired a new stake in shares of United Natural Foods during the fourth quarter worth $656,000. SG Americas Securities LLC raised its position in United Natural Foods by 12,660.4% during the 4th quarter. SG Americas Securities LLC now owns 678,979 shares of the company’s stock worth $22,861,000 after buying an additional 673,658 shares during the last quarter. Quinn Opportunity Partners LLC lifted its stake in shares of United Natural Foods by 26.0% in the 3rd quarter. Quinn Opportunity Partners LLC now owns 126,000 shares of the company’s stock worth $4,740,000 after acquiring an additional 26,000 shares during the period. American Century Companies Inc. lifted its stake in shares of United Natural Foods by 5.5% in the 3rd quarter. American Century Companies Inc. now owns 2,746,073 shares of the company’s stock worth $103,307,000 after acquiring an additional 142,485 shares during the period. Finally, Intech Investment Management LLC boosted its holdings in shares of United Natural Foods by 312.3% in the fourth quarter. Intech Investment Management LLC now owns 159,123 shares of the company’s stock valued at $5,358,000 after acquiring an additional 120,525 shares in the last quarter. Institutional investors and hedge funds own 87.63% of the company’s stock.

Analyst Ratings Changes

UNFI has been the topic of a number of recent analyst reports. Wells Fargo & Company upgraded United Natural Foods from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $40.00 to $56.00 in a report on Thursday, March 26th. Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a report on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft increased their target price on shares of United Natural Foods from $40.00 to $46.00 and gave the company a “hold” rating in a research report on Thursday, March 12th. Wall Street Zen cut shares of United Natural Foods from a “buy” rating to a “hold” rating in a research report on Monday, May 4th. Finally, UBS Group upped their price objective on shares of United Natural Foods from $44.00 to $47.00 and gave the company a “neutral” rating in a research note on Wednesday, June 10th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $46.38.

United Natural Foods Company Profile

United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.