Entropy Technologies LP Buys Shares of 10,859 Hillman Solutions Corp (NASDAQ:HLMN)

Entropy Technologies LP bought a new stake in Hillman Solutions Corp (NASDAQ:HLMN) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 10,859 shares of the company’s stock, valued at approximately $106,000.

Other large investors have also recently modified their holdings of the company. Nordea Investment Management AB acquired a new stake in shares of Hillman Solutions in the 4th quarter valued at $4,631,000. WCM Investment Management LLC boosted its holdings in shares of Hillman Solutions by 1.5% in the 3rd quarter. WCM Investment Management LLC now owns 3,275,837 shares of the company’s stock valued at $34,724,000 after purchasing an additional 49,306 shares in the last quarter. Harbor Capital Advisors Inc. boosted its holdings in shares of Hillman Solutions by 131.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 1,611,051 shares of the company’s stock valued at $17,013,000 after acquiring an additional 914,151 shares in the last quarter. Atria Investments Inc boosted its holdings in shares of Hillman Solutions by 24.5% during the 3rd quarter. Atria Investments Inc now owns 75,656 shares of the company’s stock valued at $799,000 after acquiring an additional 14,904 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its holdings in shares of Hillman Solutions by 20.0% during the 3rd quarter. Sanctuary Advisors LLC now owns 31,653 shares of the company’s stock valued at $357,000 after acquiring an additional 5,273 shares in the last quarter. Institutional investors and hedge funds own 98.11% of the company’s stock.

Insider Buying and Selling

In other news, Director Philip Woodlief sold 19,779 shares of Hillman Solutions stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $11.18, for a total value of $221,129.22. Following the completion of the transaction, the director now directly owns 55,811 shares of the company’s stock, valued at approximately $623,966.98. This trade represents a 26.17 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Scott Ride sold 72,523 shares of Hillman Solutions stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $10.66, for a total value of $773,095.18. Following the completion of the transaction, the insider now directly owns 70,369 shares of the company’s stock, valued at approximately $750,133.54. This trade represents a 50.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.10% of the stock is owned by corporate insiders.

Hillman Solutions Stock Down 0.7 %

Shares of NASDAQ:HLMN opened at $10.36 on Friday. The firm has a market cap of $2.04 billion, a P/E ratio of 259.06 and a beta of 1.68. The company has a quick ratio of 0.76, a current ratio of 2.32 and a debt-to-equity ratio of 0.62. Hillman Solutions Corp has a 12-month low of $8.43 and a 12-month high of $12.08. The business has a fifty day simple moving average of $10.09 and a 200 day simple moving average of $10.24.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on HLMN shares. Robert W. Baird raised their price objective on Hillman Solutions from $12.00 to $14.00 and gave the company an “outperform” rating in a report on Wednesday, November 6th. Barclays cut their price objective on Hillman Solutions from $12.00 to $11.00 and set an “equal weight” rating on the stock in a report on Thursday, January 16th. Benchmark raised their price objective on Hillman Solutions from $13.00 to $16.00 and gave the company a “buy” rating in a report on Friday, December 13th. Finally, William Blair downgraded Hillman Solutions from an “outperform” rating to a “market perform” rating in a report on Thursday, January 2nd. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $14.00.

Hillman Solutions Profile

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 40,000 locations. Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & Industrial customers.