HF Foods Group Inc. (NASDAQ:HFFG) Insider Acquires $19,822.89 in Stock

HF Foods Group Inc. (NASDAQ:HFFG) insider Christine Chang bought 7,961 shares of the business’s stock in a transaction dated Monday, March 17th. The shares were bought at an average price of $2.49 per share, with a total value of $19,822.89. Following the completion of the transaction, the insider now owns 174,052 shares in the company, valued at approximately $433,389.48. This trade represents a 4.79 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

HF Foods Group Price Performance

Shares of HF Foods Group stock traded up $0.14 during trading on Wednesday, reaching $2.93. 323,992 shares of the company’s stock were exchanged, compared to its average volume of 54,150. HF Foods Group Inc. has a 1-year low of $1.70 and a 1-year high of $4.13. The firm’s 50-day moving average price is $2.45 and its 200 day moving average price is $3.09. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.45 and a current ratio of 1.18. The company has a market cap of $154.50 million, a P/E ratio of -97.67 and a beta of 1.61.

HF Foods Group (NASDAQ:HFFG) last issued its quarterly 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 company had revenue of $305.28 million during the quarter, compared to analysts’ expectations of $287.86 million. HF Foods Group had a positive return on equity of 6.96% and a negative net margin of 0.16%. As a group, research analysts anticipate that HF Foods Group Inc. will post 0.22 earnings per share for the current year.

Institutional Trading of HF Foods Group

Large investors have recently bought and sold shares of the company. ProShare Advisors LLC purchased a new position in shares of HF Foods Group in the fourth quarter valued at $36,000. XTX Topco Ltd bought a new stake in HF Foods Group during the fourth quarter worth about $38,000. Prudential Financial Inc. bought a new stake in HF Foods Group during the fourth quarter worth about $42,000. Intech Investment Management LLC bought a new stake in HF Foods Group during the fourth quarter worth about $42,000. Finally, SG Americas Securities LLC lifted its stake in HF Foods Group by 41.4% during the fourth quarter. SG Americas Securities LLC now owns 19,418 shares of the company’s stock worth $62,000 after purchasing an additional 5,686 shares during the last quarter. 24.02% of the stock is owned by hedge funds and other institutional investors.

About HF Foods Group

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.