United Natural Foods (NYSE:UNFI) Shares Down 3.6% After Insider Selling

Market Beat
2024.10.21 15:03
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United Natural Foods (NYSE:UNFI) shares fell 3.6% after insider Danielle Benedict sold 9,050 shares at $10 each. The stock traded as low as $7.70, with a significant drop in trading volume. Analysts have mixed ratings on the stock, with a consensus hold rating and a price target of $10.40. The company reported a positive EPS of $0.01, exceeding estimates, and a 10% revenue increase year-over-year. Institutional investors hold 87.63% of the stock, indicating strong interest in the company.