A Director at Universal Forest Products, Inc. (NASDAQ: UFPI) is Selling Shares

Today, a Director at Universal Forest Products, Inc. (NASDAQ: UFPI), William Currie, sold shares of UFPI for $12.98k.

Following William Currie’s last UFPI Sell transaction on March 11, 2015, the stock climbed by 9.3%.

Based on Universal Forest`s latest earnings report from June 30, the company posted quarterly revenue of $838.2M and quarterly net profit of $25.98M. In comparison, last year the company earned revenue of $772.8M and had a net profit of $21.79M. The company has a one year high of $64.96 and a one year low of $40.08. UFPI’s market cap is $1.21B and the company has a P/E ratio of 18.5%.

Looking at blogger coverage of UFPI, there is a 50% Bullish tendency on the stock, in relation to a 67% average bullish tendency within the Conglomerates sector.

Over the last 3 months, the insider sentiment on Universal Forest has been neutral based on 57 corporate insider transactions. This sentiment is higher than the average sector sentiment of insiders.

Universal Forest Products Incis a holding company that provides capital, management & administrative resources to subsidiaries that supply wood, wood composite & other products to three primary markets: retail, housing and construction & industrial.