From MarketBeat:

Catalyst Financial Partners LLC increased its holdings in UFP Technologies by 382.8% during the third quarter, now owning 27,657 shares of the company’s stock, worth $4,465,000. Other institutional investors, including BlackRock Inc., Neuberger Berman Group LLC, Vanguard Group Inc., State Street Corp, and Wellington Management Group LLP, have also bought shares of the company. UFP Technologies had a solid Q3, with $100.78 million in revenue and an earnings per share of $1.54. Other news regarding UFP Technologies includes a CEO selling 1,300 shares for $175.16 each and a VP buying 198 shares for $139 each. Despite this, the company’s stock is up 2.3% to $163.07. UFP Technologies has a market capitalization of $1.25 billion.

It’s important to note that UFP Technologies has had a strong performance with a 13.76% return on equity and a net margin of 10.72%. The company designs, engineers, and manufactures sterile packaging solutions for medical devices. However, despite a “Buy” rating, top research analysts have identified five other stocks as better buys. Additionally, MarketBeat has released a list of 10 undervalued stocks, which does not include UFP Technologies.



Read more: Catalyst Financial Partners LLC Increases Stock Position in UFP Technologies, Inc. (NASDAQ:UFPT)