Unifi, Inc. (NYSE:UFI) CEO Edmund M. Ingle Purchases 2,403 Shares of Stock

Unifi, Inc. (NYSE:UFIGet Rating) CEO Edmund M. Ingle bought 2,403 shares of the firm’s stock in a transaction dated Thursday, November 17th. The stock was purchased at an average price of $7.94 per share, with a total value of $19,079.82. Following the completion of the purchase, the chief executive officer now directly owns 101,434 shares of the company’s stock, valued at approximately $805,385.96. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Unifi Price Performance

Shares of UFI stock opened at $8.39 on Tuesday. The company has a current ratio of 4.05, a quick ratio of 1.95 and a debt-to-equity ratio of 0.34. Unifi, Inc. has a 12 month low of $6.33 and a 12 month high of $24.73. The stock has a 50 day moving average of $9.22 and a 200-day moving average of $12.05.

Institutional Trading of Unifi

Institutional investors have recently bought and sold shares of the stock. US Bancorp DE raised its position in Unifi by 82.1% in the 2nd quarter. US Bancorp DE now owns 1,750 shares of the textile maker’s stock valued at $25,000 after purchasing an additional 789 shares during the last quarter. Shufro Rose & Co. LLC acquired a new position in Unifi in the third quarter valued at approximately $96,000. State of Tennessee Treasury Department boosted its position in shares of Unifi by 17.9% in the 1st quarter. State of Tennessee Treasury Department now owns 5,683 shares of the textile maker’s stock worth $103,000 after purchasing an additional 861 shares during the last quarter. Amalgamated Bank bought a new position in Unifi during the 1st quarter worth approximately $112,000. Finally, Wellington Shields Capital Management LLC bought a new stake in shares of Unifi in the 1st quarter valued at $128,000. Institutional investors and hedge funds own 80.79% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. TheStreet downgraded shares of Unifi from a “c-” rating to a “d” rating in a report on Friday, November 4th. CJS Securities cut shares of Unifi from an “outperform” rating to a “market perform” rating in a report on Thursday, August 11th. Finally, StockNews.com lowered shares of Unifi from a “hold” rating to a “sell” rating in a research report on Monday, November 7th.

About Unifi

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Unifi, Inc, together with its subsidiaries, manufactures and sells recycled and synthetic products in the United States, China, Brazil, and internationally. Its polyester products include partially oriented yarn, textured, solution and package dyed, twisted, beamed, and draw wound yarns in virgin or recycled varieties; and nylon products comprise virgin or recycled textured, solution dyed, and spandex covered yarns.

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Insider Buying and Selling by Quarter for Unifi (NYSE:UFI)

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