HF Foods Group Inc. (NASDAQ:HFFG) Insider Christine Chang Acquires 7,961 Shares

HF Foods Group Inc. (NASDAQ:HFFG) insider Christine Chang purchased 7,961 shares of the firm’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 purchase, the insider now owns 174,052 shares in the company, valued at $433,389.48. The trade was a 4.79 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

HF Foods Group Trading Up 5.0 %

Shares of HFFG stock opened at $2.93 on Thursday. The company has a 50 day moving average of $2.45 and a 200-day moving average of $3.09. The firm has a market cap of $154.50 million, a P/E ratio of -97.67 and a beta of 1.61. HF Foods Group Inc. has a 12-month low of $1.70 and a 12-month high of $4.13. 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 released its quarterly earnings data on Thursday, March 13th. The company reported $0.11 EPS 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 during the quarter, compared to the consensus estimate of $287.86 million. Sell-side analysts anticipate that HF Foods Group Inc. will post 0.22 earnings per share for the current year.

Institutional Trading of HF Foods Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. ProShare Advisors LLC purchased a new stake in shares of HF Foods Group during the 4th quarter valued at $36,000. XTX Topco Ltd purchased a new stake in shares of HF Foods Group during the 4th quarter valued at $38,000. Prudential Financial Inc. purchased a new stake in shares of HF Foods Group during the 4th quarter valued at $42,000. Intech Investment Management LLC purchased a new stake in shares of HF Foods Group during the 4th quarter valued at $42,000. Finally, SG Americas Securities LLC raised its position in shares of HF Foods Group by 41.4% during the 4th quarter. SG Americas Securities LLC now owns 19,418 shares of the company’s stock valued at $62,000 after buying 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.