Christine Chang Buys 7,961 Shares of HF Foods Group Inc. (NASDAQ:HFFG) Stock

HF Foods Group Inc. (NASDAQ:HFFG) insider Christine Chang purchased 7,961 shares of HF Foods Group stock in a transaction on Monday, March 17th. The shares were acquired at an average cost of $2.49 per share, with a total value of $19,822.89. Following the completion of the transaction, the insider now directly owns 174,052 shares in the company, valued at $433,389.48. The trade was a 4.79 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

HF Foods Group Stock Performance

HFFG opened at $3.55 on Friday. HF Foods Group Inc. has a 12-month low of $1.70 and a 12-month high of $4.13. The company has a current ratio of 1.18, a quick ratio of 0.45 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $187.19 million, a PE ratio of -118.33 and a beta of 1.61. The firm has a 50 day moving average of $2.46 and a two-hundred day moving average of $3.09.

HF Foods Group (NASDAQ:HFFG) last posted its earnings results on Thursday, March 13th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.02. The firm had revenue of $305.28 million during the quarter, compared to analyst estimates of $287.86 million. HF Foods Group had a negative net margin of 0.16% and a positive return on equity of 6.96%. On average, analysts anticipate that HF Foods Group Inc. will post 0.22 EPS for the current year.

Institutional Investors Weigh In On HF Foods Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in HFFG. State Street Corp increased its holdings in HF Foods Group by 0.4% in the 3rd quarter. State Street Corp now owns 762,836 shares of the company’s stock worth $2,723,000 after acquiring an additional 3,155 shares in the last quarter. Barclays PLC increased its holdings in HF Foods Group by 291.8% in the 3rd quarter. Barclays PLC now owns 56,685 shares of the company’s stock worth $203,000 after acquiring an additional 42,217 shares in the last quarter. Geode Capital Management LLC increased its holdings 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 acquiring an additional 3,815 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in HF Foods Group by 110.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 75,185 shares of the company’s stock worth $268,000 after acquiring an additional 39,517 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in HF Foods Group by 41.4% in the 4th quarter. SG Americas Securities LLC now owns 19,418 shares of the company’s stock worth $62,000 after acquiring an additional 5,686 shares in the last quarter. Hedge funds and other 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.