Amanda Kitzberger Sells 13,750 Shares of Hillman Solutions (NASDAQ:HLMN) Stock

Hillman Solutions Corp. (NASDAQ:HLMN) insider Amanda Kitzberger sold 13,750 shares of the company’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $7.25, for a total value of $99,687.50. Following the transaction, the insider owned 58,855 shares in the company, valued at $426,698.75. This trade represents a 18.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Hillman Solutions Stock Performance

HLMN opened at $6.98 on Friday. Hillman Solutions Corp. has a 52 week low of $6.91 and a 52 week high of $10.85. The company has a quick ratio of 0.87, a current ratio of 2.71 and a debt-to-equity ratio of 0.55. The business has a fifty day simple moving average of $8.12 and a 200-day simple moving average of $8.06. The firm has a market cap of $1.36 billion, a P/E ratio of 31.73, a P/E/G ratio of 0.98 and a beta of 1.38.

Hillman Solutions (NASDAQ:HLMN) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17. Hillman Solutions had a return on equity of 9.11% and a net margin of 2.57%.The firm had revenue of $442.25 million for the quarter, compared to the consensus estimate of $433.67 million. On average, equities analysts expect that Hillman Solutions Corp. will post 0.6 earnings per share for the current year.

Hedge Funds Weigh In On Hillman Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC purchased a new stake in shares of Hillman Solutions during the second quarter worth approximately $25,000. Kestra Advisory Services LLC purchased a new position in Hillman Solutions in the fourth quarter worth approximately $33,000. Los Angeles Capital Management LLC purchased a new position in Hillman Solutions in the fourth quarter worth approximately $37,000. Public Employees Retirement System of Ohio acquired a new position in Hillman Solutions during the 2nd quarter worth approximately $42,000. Finally, Brown Brothers Harriman & Co. acquired a new position in Hillman Solutions during the 3rd quarter worth approximately $59,000. Hedge funds and other institutional investors own 98.11% of the company’s stock.

Wall Street Analyst Weigh In

HLMN has been the subject of several recent research reports. Weiss Ratings raised shares of Hillman Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 4th. Canaccord Genuity Group reduced their target price on shares of Hillman Solutions from $14.00 to $13.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Jefferies Financial Group upgraded shares of Hillman Solutions to a “strong-buy” rating in a report on Thursday. Finally, Barclays raised their price target on shares of Hillman Solutions from $10.00 to $11.00 and gave the company an “equal weight” rating in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Hillman Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $12.67.

About Hillman Solutions

Hillman Solutions (NASDAQ:HLMN) is a leading provider of hardware and related products to the home improvement, retail, industrial and manufacturing markets. The company’s portfolio encompasses key duplication systems and security solutions, hardware essentials such as fasteners and anchors, signage and labeling products, and outdoor and seasonal items. Hillman’s product offerings are sold through a network of major home improvement retailers, wholesalers, independent distributors and other specialty outlets.

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman grew from a family-run enterprise into a global supplier of hardware solutions.