Insider Sales at United Natural Foods (UNFI) Extends the Selling Trend of Last Quarter

Thursday, December 14, 2017 10:15 PM ET

Insider Sales at United Natural Foods (UNFI) Extends the Selling Trend of Last Quarter

There was a substantial level of insider selling disclosed today in filings with the SEC for United Natural Foods. Three insiders — Peter Roy, Director, James P Heffernan, Director, and John Michael Hummel, Officer — sold 21,061 shares in the company for approximately $1,048,984. There have been 5 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 25,462 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 46,523 shares and have averaged 5,815 shares per transaction over this time period.

The number of insider buy/sell trades at United Natural Foods is above that of the 20 peer company average over the last 90-day period. The Food Retail & Distribution peer group saw 31 buy/sell trades during this period for an average of 1.6 transactions per company. However, the number of shares traded per transaction by United Natural Foods insiders is lower than its peers. Within the peer group there were 1,824,222 shares purchased and 226,279,815 shares sold with company insiders disposing of 7,240,503 shares on average over this time period.

The data used in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Today’s Insider Activity
* Peter Roy, Director, sold 2,774 shares
* James P Heffernan, Director, sold 16,514 shares
* John Michael Hummel, Officer, sold 1,773 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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