Verizon to cut 15,000 jobs amid growing competition pressures - WSJ
Daniel C. Croteau, a director at UFP Technologies INC (NASDAQ:UFPT), a $1.59 billion market cap company with a "GREAT" financial health rating according to InvestingPro, sold 2,873 shares of common stock on September 5, 2025, according to a recent SEC Form 4 filing. The sales were executed in two separate transactions, with prices ranging from $206.0 to $206.045 per share, totaling $591883.
Specifically, Croteau sold 1,000 shares at $206.045 and 1,873 shares at $206. Following these transactions, Croteau directly owns 2,728 and 855 shares respectively in UFP Technologies INC.
In other recent news, UFP Technologies has announced the acquisition of Universal Plastics & Engineering Company (UNIPEC) and Techno Plastics Industries (TPI). This strategic move is aimed at enhancing UFP Technologies’ capabilities in the medical device manufacturing sector. UNIPEC, which is located in Rockville, Maryland, is known for producing precision thermoformed and heat-sealed polymer components. These components are primarily used for shielding batteries in Class III implantable medical devices. UNIPEC contributes approximately $5 million in revenue and $2 million in EBITDA. This acquisition is part of UFP Technologies’ ongoing efforts to expand and strengthen its presence in the medical device industry.
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