Hf Foods Group (NASDAQ:HFFG) CEO Purchases 4,494 Shares

Hf Foods Group CEO Xi Lin purchased 4,494 shares at $2.24 each, totaling $10,066.56, increasing his ownership by 1.09% to 415,804 shares. The transaction was disclosed in an SEC filing. The company's stock traded at $2.25, with a market cap of $119.13 million. Recent earnings missed estimates, and analysts have mixed ratings on the stock. Institutional investors hold 24.02% of the company.

Hf Foods Group Inc. (NASDAQ:HFFG - Get Free Report) CEO Xi Lin purchased 4,494 shares of the firm's stock in a transaction on Wednesday, November 12th. The shares were acquired at an average cost of $2.24 per share, for a total transaction of $10,066.56. Following the completion of the acquisition, the chief executive officer owned 415,804 shares of the company's stock, valued at approximately $931,400.96. This trade represents a 1.09% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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Hf Foods Group Price Performance

HFFG traded up $0.04 on Tuesday, hitting $2.25. 30,798 shares of the company's stock traded hands, compared to its average volume of 116,069. The company's 50 day simple moving average is $2.65 and its 200-day simple moving average is $3.16. The company has a current ratio of 1.19, a quick ratio of 0.42 and a debt-to-equity ratio of 0.53. Hf Foods Group Inc. has a one year low of $1.70 and a one year high of $4.93. The firm has a market cap of $119.13 million, a price-to-earnings ratio of -2.61, a P/E/G ratio of 0.38 and a beta of 0.52.

Hf Foods Group (NASDAQ:HFFG - Get Free Report) last announced its quarterly earnings data on Monday, November 10th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.04). The company had revenue of $306.98 million for the quarter, compared to analysts' expectations of $303.41 million. Hf Foods Group had a negative net margin of 3.71% and a positive return on equity of 8.01%. As a group, research analysts anticipate that Hf Foods Group Inc. will post 0.22 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on HFFG. Wall Street Zen downgraded shares of Hf Foods Group from a "strong-buy" rating to a "buy" rating in a report on Saturday, November 1st. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Hf Foods Group in a research report on Monday. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $7.00.

View Our Latest Stock Report on Hf Foods Group

Institutional Investors Weigh In On Hf Foods Group

Large investors have recently modified their holdings of the business. Bank of New York Mellon Corp raised its position in shares of Hf Foods Group by 10.5% in the 1st quarter. Bank of New York Mellon Corp now owns 90,015 shares of the company's stock valued at $441,000 after purchasing an additional 8,547 shares during the last quarter. Bailard Inc. acquired a new stake in shares of Hf Foods Group during the first quarter worth $112,000. Choreo LLC acquired a new position in shares of Hf Foods Group in the 1st quarter valued at $56,000. Charles Schwab Investment Management Inc. raised its stake in Hf Foods Group by 7.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 99,352 shares of the company's stock worth $487,000 after acquiring an additional 6,751 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in Hf Foods Group during the 1st quarter worth about $1,596,000. Hedge funds and other institutional investors own 24.02% of the company's stock.

About Hf Foods Group

(Get Free Report)

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.

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