HF Foods Group Inc. (NASDAQ:HFFG) CEO Acquires $12,350.00 in Stock

HF Foods Group Inc. (NASDAQ:HFFG) CEO Xi Lin bought 5,000 shares of the stock in a transaction that occurred on Monday, March 17th. The shares were bought at an average price of $2.47 per share, for a total transaction of $12,350.00. Following the completion of the transaction, the chief executive officer now directly owns 266,557 shares of the company’s stock, valued at $658,395.79. This represents a 1.91 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

HF Foods Group Price Performance

Shares of HF Foods Group stock traded up $0.14 during trading hours on Wednesday, hitting $2.93. The company’s stock had a trading volume of 323,992 shares, compared to its average volume of 54,150. The business has a 50 day moving average price of $2.45 and a two-hundred day moving average price of $3.09. HF Foods Group Inc. has a 12-month low of $1.70 and a 12-month high of $4.13. The company has a market cap of $154.50 million, a PE ratio of -97.67 and a beta of 1.61. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.45 and a current ratio of 1.18.

HF Foods Group (NASDAQ:HFFG) last announced its quarterly earnings results on Thursday, March 13th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.02. HF Foods Group had a negative net margin of 0.16% and a positive return on equity of 6.96%. The company had revenue of $305.28 million for the quarter, compared to analysts’ expectations of $287.86 million. Analysts expect that HF Foods Group Inc. will post 0.22 earnings per share for the current fiscal year.

Institutional Investors Weigh In On HF Foods Group

Several institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC increased its stake in HF Foods Group by 0.4% in the 3rd quarter. Geode Capital Management LLC now owns 922,061 shares of the company’s stock worth $3,292,000 after buying an additional 3,815 shares during the period. State Street Corp increased its position in HF Foods Group by 0.4% during the 3rd quarter. State Street Corp now owns 762,836 shares of the company’s stock valued at $2,723,000 after purchasing an additional 3,155 shares during the period. Northern Trust Corp increased its position in HF Foods Group by 4.7% during the 4th quarter. Northern Trust Corp now owns 320,658 shares of the company’s stock valued at $1,029,000 after purchasing an additional 14,275 shares during the period. Dimensional Fund Advisors LP increased its position in HF Foods Group by 8.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 291,360 shares of the company’s stock valued at $935,000 after purchasing an additional 21,996 shares during the period. Finally, JPMorgan Chase & Co. increased its position in HF Foods Group by 100.2% during the 4th quarter. JPMorgan Chase & Co. now owns 150,504 shares of the company’s stock valued at $483,000 after purchasing an additional 75,319 shares during the period. Institutional investors own 24.02% of the company’s stock.

HF Foods Group Company Profile

HF Foods Group Inc, through its subsidiaries, markets and distributes Asian specialty food, seafood, fresh produce, frozen and dry food, and non-food products to Asian and Chinese restaurants, and other foodservice customers in the United States. The company offers seafood, including lobsters, shrimp, crabs, scallops, and fish; Asian specialty food items, including noodles, rice, dried mushrooms and beans, sauces and seasonings, and spring rolls, as well as canned products, such as preserved vegetables, bamboo shoots, and water chestnuts; and meat and poultry products, including beef, pork, chicken, and duck.