Where Food Comes From, Inc. (NASDAQ:WFCF) CFO Dannette Henning Acquires 1,750 Shares

Where Food Comes From, Inc. (NASDAQ:WFCF) CFO Dannette Henning purchased 1,750 shares of the stock in a transaction that occurred on Tuesday, May 13th. The stock was acquired at an average cost of $7.15 per share, with a total value of $12,512.50. Following the acquisition, the chief financial officer now owns 51,875 shares in the company, valued at $370,906.25. The trade was a 3.49% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

Where Food Comes From Trading Up 2.0%

Shares of NASDAQ:WFCF opened at $10.00 on Friday. Where Food Comes From, Inc. has a 12 month low of $9.26 and a 12 month high of $13.50. The company has a market cap of $52.33 million, a price-to-earnings ratio of 25.64 and a beta of 0.57. The company has a 50-day moving average price of $11.13 and a 200 day moving average price of $11.80.

Where Food Comes From (NASDAQ:WFCF) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.01 earnings per share for the quarter. Where Food Comes From had a net margin of 8.23% and a return on equity of 19.31%. The company had revenue of $5.27 million for the quarter.

Institutional Trading of Where Food Comes From

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Aristides Capital LLC raised its position in Where Food Comes From by 12.1% in the 4th quarter. Aristides Capital LLC now owns 31,251 shares of the company’s stock worth $414,000 after purchasing an additional 3,370 shares during the period. DGS Capital Management LLC purchased a new stake in Where Food Comes From in the 4th quarter worth about $147,000. Bard Associates Inc. raised its position in Where Food Comes From by 10.5% in the 4th quarter. Bard Associates Inc. now owns 66,552 shares of the company’s stock worth $881,000 after purchasing an additional 6,331 shares during the period. Finally, Northern Trust Corp purchased a new stake in Where Food Comes From in the 4th quarter worth about $197,000. 18.84% of the stock is owned by hedge funds and other institutional investors.

About Where Food Comes From

Where Food Comes From, Inc, together with its subsidiaries, operates as a third-party food verification company in North America. The company operates through Verification and Certification, and Professional Services segments. It conducts on-site and desk audits to verify that claims being made about livestock, food, other specialty crops, and agricultural and aquaculture products are accurate, as well as offers Where Food Comes From Source Verified retail and restaurant labeling program, which connects consumers directly to the source of the food they purchase through product labeling, and web-based information sharing and education.