Insider Selling: United Natural Foods (NYSE:UNFI) Insider Sells $249,964.00 in Stock

United Natural Foods, Inc. (NYSE:UNFI) insider Danielle Benedict sold 4,807 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total value of $249,964.00. Following the completion of the transaction, the insider owned 98,470 shares of the company’s stock, valued at approximately $5,120,440. The trade was a 4.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

United Natural Foods Price Performance

Shares of NYSE UNFI opened at $50.07 on Friday. United Natural Foods, Inc. has a 52 week low of $20.78 and a 52 week high of $52.68. The business’s 50 day moving average price is $43.97 and its 200 day moving average price is $39.04. The company has a quick ratio of 0.52, a current ratio of 1.33 and a debt-to-equity ratio of 1.11. The firm has a market cap of $3.04 billion, a P/E ratio of -38.51 and a beta of 0.82.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings results on Tuesday, March 10th. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.11. United Natural Foods had a negative net margin of 0.25% and a positive return on equity of 6.05%. The company had revenue of $7.95 billion during the quarter, compared to analyst estimates of $8.11 billion. During the same period last year, the firm posted $0.22 EPS. United Natural Foods’s revenue for the quarter was down 2.6% compared to the same quarter last year. United Natural Foods has set its FY 2026 guidance at 2.300-2.700 EPS. On average, sell-side analysts expect that United Natural Foods, Inc. will post 2.52 earnings per share for the current year.

Hedge Funds Weigh In On United Natural Foods

Several large investors have recently made changes to their positions in UNFI. Revisor Wealth Management LLC boosted its holdings in United Natural Foods by 4.7% during the first quarter. Revisor Wealth Management LLC now owns 6,188 shares of the company’s stock worth $279,000 after buying an additional 278 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in United Natural Foods by 4.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,485 shares of the company’s stock valued at $252,000 after buying an additional 285 shares in the last quarter. Oregon Public Employees Retirement Fund increased its holdings in United Natural Foods by 2.1% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 13,894 shares of the company’s stock valued at $468,000 after buying an additional 289 shares in the last quarter. Optimize Financial Inc raised its position in shares of United Natural Foods by 1.5% in the fourth quarter. Optimize Financial Inc now owns 20,963 shares of the company’s stock worth $706,000 after acquiring an additional 300 shares during the period. Finally, Arax Advisory Partners raised its position in shares of United Natural Foods by 37.4% in the fourth quarter. Arax Advisory Partners now owns 1,102 shares of the company’s stock worth $37,000 after acquiring an additional 300 shares during the period. 87.63% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently issued reports on UNFI. UBS Group boosted their target price on shares of United Natural Foods from $42.00 to $44.00 and gave the company a “neutral” rating in a research report on Wednesday, March 11th. Zacks Research downgraded United Natural Foods from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of United Natural Foods in a research note on Wednesday, April 8th. Wall Street Zen cut United Natural Foods from a “buy” rating to a “hold” rating in a report on Monday. Finally, Wells Fargo & Company upgraded United Natural Foods from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $40.00 to $56.00 in a research note on Thursday, March 26th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $43.63.

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.