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

HF Foods Group Inc. (NASDAQ:HFFG) insider Christine Chang bought 7,961 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The stock was acquired at an average price of $2.49 per share, for a total transaction of $19,822.89. Following the transaction, the insider now owns 174,052 shares in the company, valued at $433,389.48. This trade represents a 4.79 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

HF Foods Group Price Performance

Shares of NASDAQ:HFFG opened at $2.93 on Thursday. The stock has a market cap of $154.50 million, a PE ratio of -97.67 and a beta of 1.61. The company’s fifty day moving average is $2.45 and its 200 day moving average is $3.09. HF Foods Group Inc. has a 52 week low of $1.70 and a 52 week 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $305.28 million for the quarter, compared to analysts’ expectations of $287.86 million. Research analysts anticipate that HF Foods Group Inc. will post 0.22 earnings per share for the current year.

Hedge Funds Weigh In On HF Foods Group

Hedge funds have recently modified their holdings of the company. ProShare Advisors LLC purchased a new position in shares of HF Foods Group in the fourth quarter valued at about $36,000. XTX Topco Ltd purchased a new position in shares of HF Foods Group in the fourth quarter valued at about $38,000. Prudential Financial Inc. purchased a new position in shares of HF Foods Group in the fourth quarter valued at about $42,000. Intech Investment Management LLC bought a new stake in shares of HF Foods Group during the 4th quarter valued at about $42,000. Finally, SG Americas Securities LLC boosted its stake 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 purchasing 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.