UFPT.NASDAQUfp Technologies INC

SCHEDULE 13G/A: Wasatch Advisors LP Discloses 7.5% Stake in UFP Technologies Inc. via Amended Schedule 13G

Sentiment:

Beneficial Ownership Report

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Wasatch Advisors LP has filed an amended Schedule 13G, reporting a 7.5% beneficial ownership stake in UFP Technologies Inc. as of December 31, 2024.

Summary

  • Wasatch Advisors LP, an investment adviser based in Salt Lake City, Delaware, has filed an Amendment No. 1 to Schedule 13G regarding its beneficial ownership in UFP Technologies Inc.
  • As of December 31, 2024, Wasatch Advisors LP beneficially owned an aggregate of 576,691 shares of UFP Technologies Inc. Common Stock.
  • This ownership represents 7.5% of the class of securities.
  • Wasatch Advisors LP holds sole voting power over 437,841 shares and sole dispositive power over 576,691 shares.
  • The filing confirms that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 6

Explanation: The document is largely neutral as it is a routine disclosure of beneficial ownership. The continued significant stake by an institutional investor can be seen as a mild positive signal of confidence.

Positives

  • A significant institutional investor, Wasatch Advisors LP, maintains a substantial 7.5% stake in UFP Technologies Inc., indicating continued confidence in the company.
  • The filing confirms the passive nature of the investment, stating it was acquired and held in the ordinary course of business, which typically signals a long-term investment horizon rather than activist intent.

Future Outlook

NA

Industry Context

This Schedule 13G filing is a routine disclosure of beneficial ownership by an institutional investor. It does not provide specific industry context or competitive analysis, focusing solely on the ownership stake of Wasatch Advisors LP in UFP Technologies Inc.

Stakeholder Impact

  • Shareholders: Provides transparency regarding significant institutional ownership, confirming a substantial stake held by Wasatch Advisors LP.

Key Dates

DateDescription
12/31/2024Date of event which requires filing of this statement (reporting period end date for beneficial ownership).
02/12/2025Date the Schedule 13G Amendment No. 1 was signed and filed.

Keywords

UFP Technologies Inc., Wasatch Advisors LP, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Adviser, Institutional Ownership

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