On October 17, 2024, Danielle Benedict, the Chief Human Resources Officer of United Natural Foods Inc (UNFI, Financial), executed a sale of 9,050 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this sale, the insider now owns 88,218 shares of United Natural Foods Inc.
United Natural Foods Inc is a distributor of natural and organic foods, specialty foods, and related products in the United States and Canada. The company serves a wide range of customers including natural product superstores, independent retailers, conventional supermarket chains, ecommerce retailers, and food service industry.
Over the past year, Danielle Benedict has sold a total of 24,202 shares and has not made any purchases of the stock. This recent transaction follows a pattern observed in the insider trading activities at United Natural Foods Inc, where there have been more insider sales than buys. Specifically, there have been three insider sales and only one insider buy over the past year.
Shares of United Natural Foods Inc were priced at $22.1 on the day of the sale. The company has a market cap of approximately $1.281 billion. According to the GF Value, the intrinsic value of the stock is estimated at $29.44, indicating that the stock is modestly undervalued with a price-to-GF-Value ratio of 0.75.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business results.
This insider sale might interest investors tracking insider behaviors as an indicator of the company’s future prospects or stock valuation adjustments. It is essential for investors to consider broader market conditions and additional comprehensive research when evaluating the implications of insider transactions.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
