Director James Pappas purchased 17,000 shares of United Natural Foods for $573,000, representing 8.4% of his reported holdings. This open-market buy breaks a three-year streak of administrative-only filings and maintains a significant direct ownership position. The company, with $31.75 billion in revenue, operates a dual-segment model serving various retailers and foodservice operators. Despite a recent drop in sales and ongoing losses, Pappas’ purchase suggests optimism. United Natural Foods is focusing on supply chain improvements and reducing debt to improve its financial standing. It’s prudent to monitor revenue growth before considering investment.

Read more at Nasdaq: Is United Natural Foods Stock a Buy After a Director Purchased 17,000 Shares?