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

HF Foods Group Inc. (NASDAQ:HFFG) CEO Xi Lin purchased 5,000 shares of the firm’s stock in a transaction dated 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 owns 266,557 shares of the company’s stock, valued at approximately $658,395.79. This trade represents a 1.91 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

HF Foods Group Trading Down 1.1 %

Shares of HFFG opened at $3.51 on Friday. The business’s 50-day moving average price is $2.47 and its 200-day moving average price is $3.09. HF Foods Group Inc. has a twelve month low of $1.70 and a twelve month high of $4.13. The stock has a market cap of $185.08 million, a PE ratio of -117.00 and a beta of 1.61. The company has a quick ratio of 0.45, a current ratio of 1.18 and a debt-to-equity ratio of 0.43.

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, beating the consensus estimate of $0.09 by $0.02. HF Foods Group had a positive return on equity of 6.96% and a negative net margin of 0.16%. The firm had revenue of $305.28 million for the quarter, compared to analysts’ expectations of $287.86 million. On average, equities analysts forecast that HF Foods Group Inc. will post 0.22 EPS for the current fiscal year.

Institutional Investors Weigh In On HF Foods Group

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC grew its holdings in shares of HF Foods Group by 0.4% during the third quarter. Geode Capital Management LLC now owns 922,061 shares of the company’s stock worth $3,292,000 after purchasing an additional 3,815 shares in the last quarter. State Street Corp grew its holdings in shares of HF Foods Group by 0.4% during the third quarter. State Street Corp now owns 762,836 shares of the company’s stock worth $2,723,000 after purchasing an additional 3,155 shares in the last quarter. Northern Trust Corp grew its holdings in shares of HF Foods Group by 4.7% during the fourth quarter. Northern Trust Corp now owns 320,658 shares of the company’s stock worth $1,029,000 after purchasing an additional 14,275 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of HF Foods Group by 8.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 291,360 shares of the company’s stock worth $935,000 after purchasing an additional 21,996 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of HF Foods Group by 100.2% during the fourth quarter. JPMorgan Chase & Co. now owns 150,504 shares of the company’s stock worth $483,000 after purchasing an additional 75,319 shares in the last quarter. 24.02% of the stock is currently owned by institutional investors.

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.