Insider Trading in Focus: Unifi, Inc. $UFI

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Unifi, Inc. (NYSE:UFI) insider have most recently took part in a trading activity. On Nov 30, 2017 Bishop Robert J, Director bought 5,742 shares having total worth of $209,755 at the price of $36.53 per share, following the transaction a total of 1,275,437 shares owned by Bishop Robert J. Before this latest buy, Bishop Robert J purchased UFI at 8 other times during the past twelve months, for a total investment of $21.04M at an average of $29.85 per share.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 13 times by insiders. an employee of the company was the buyer in 13 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 0 18.85%
12 Month 13 0 33.86%

Shares of Unifi, Inc. (NYSE:UFI) traded down 1.12% on Dec 1, 2017, hitting $36.13. 83,319 shares of the company’s stock traded hands. Unifi, Inc. has a 52 week low of $25.19 and a 52 week high of $38.86. The company’s market cap is $520 million.

Unifi, Inc. (NYSE:UFI) last announced its earnings results on Oct 26, 2017. The company reported 0.00 earnings per share (EPS) for the quarter. During the same quarter in the previous year, the company posted 0.51 earnings per share. The company’s revenue for the quarter was down 100% on a year-over-year basis.

2017-10-26 2017-10-23 2017-07-26 2017-04-26 2017-01-25 2016-10-27 2016-07-27 2016-07-26 2016-04-20 2016-01-20
earnings per share 0.00 0.48 0.53 0.50 0.34 0.51 0.62 0.00 0.56 0.37
Revenue(M) 0 164.24 171.25 160.9 155.16 159.97 163.86 0 161.28 156.34

Unifi, Inc. is a New York Corporation formed in 1969. It is a publicly-traded, multi-national manufacturing company. The Company processes and sells high-volume commodity products, specialized yarns designed to meet certain customer specifications, and premier value-added (“PVA”) yarns with enhanced performance characteristics and higher expected gross margin percentages. The Company sells its polyester and nylon products to other yarn manufacturers, knitters and weavers that produce fabric for the apparel, hosiery, sock, home furnishings, automotive upholstery, industrial and other end-use markets. The Company’s polyester yarn products include recycled polyester polymer beads (“Chip”), partially oriented yarn (“POY”), textured, solution and package dyed, twisted and beamed yarns. The Company’s nylon products include textured, solution dyed and covered spandex products. The Company maintains one of the industry’s most comprehensive product offerings and has ten manufacturing operations in four countries and participates in joint ventures in Israel and the United States. In addition, the Company has a wholly-owned subsidiary in the People’s Republic of China (“China”) focused on the sale and promotion of the Company’s specialty and PVA products in the Asian textile market, primarily in China as well as into Europe. The Company’s operations are managed in three operating segments: Polyester Segment, Nylon Segment and International Segment. The polyester segment manufactures recycled Chip, POY, textured, dyed, twisted and beamed yarns with sales to other yarn manufacturers, knitters and weavers that produce yarn and/or fabric for the apparel, automotive upholstery, hosiery, home furnishings, industrial and other end-use markets. The polyester segment consists of manufacturing operations in the U.S. and El Salvador. The nylon segment manufactures textured nylon and covered spandex products with sales to knitters and weavers that produce fabric for the apparel, hosiery, sock and other end-use markets. The nylon segment consists of manufacturing operations in the U.S. and Colombia. The international segment’s products include textured polyester and resale yarns. The international segment sells its yarns to knitters and weavers that produce fabric for the apparel, automotive upholstery, home furnishings, industrial and other end-use markets primarily in the South American and Asian regions. The segment includes manufacturing and sales offices in Brazil and a sales office in China. The Company’s polyester segment has approximately 420 customers, its nylon segment has approximately 170 customers, and its international segment has approximately 600 customers in a variety of geographic markets. The Company employs a sales force of approximately forty persons operating out of sales offices in the U.S., Brazil, China, El Salvador and Colombia. The Company relies on independent sales agents for sales in several other countries. The Company lic

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.