Xi Lin Acquires 5,000 Shares of HF Foods Group Inc. (NASDAQ:HFFG) Stock

HF Foods Group Inc. (NASDAQ:HFFG - Get Free Report) CEO Xi Lin bought 5,000 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The shares were acquired at an average cost of $2.47 per share, for a total transaction of $12,350.00. Following the completion of the acquisition, the chief executive officer now directly owns 266,557 shares in the company, valued at $658,395.79. The trade was a 1.91 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

HF Foods Group Stock Performance

NASDAQ HFFG traded down $0.04 during trading on Friday, reaching $3.51. The company's stock had a trading volume of 672,797 shares, compared to its average volume of 57,887. The company has a current ratio of 1.18, a quick ratio of 0.45 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $185.08 million, a price-to-earnings ratio of -117.00 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 firm has a 50 day moving average price of $2.47 and a 200 day moving average price of $3.09.

HF Foods Group (NASDAQ:HFFG - Get Free Report) last posted 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. The firm had revenue of $305.28 million during the quarter, compared to the consensus estimate of $287.86 million. HF Foods Group had a negative net margin of 0.16% and a positive return on equity of 6.96%. As a group, equities analysts anticipate that HF Foods Group Inc. will post 0.22 EPS for the current fiscal year.

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Institutional Trading of HF Foods Group

A number of institutional investors have recently bought and sold shares of the business. State Street Corp lifted its holdings in shares of HF Foods Group by 0.4% during the 3rd quarter. State Street Corp now owns 762,836 shares of the company's stock worth $2,723,000 after acquiring an additional 3,155 shares during the period. Barclays PLC lifted its holdings in shares of HF Foods Group by 291.8% during the 3rd quarter. Barclays PLC now owns 56,685 shares of the company's stock worth $203,000 after acquiring an additional 42,217 shares during the period. Geode Capital Management LLC lifted its holdings in shares of HF Foods Group by 0.4% during the 3rd quarter. Geode Capital Management LLC now owns 922,061 shares of the company's stock worth $3,292,000 after acquiring an additional 3,815 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of HF Foods Group by 110.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 75,185 shares of the company's stock worth $268,000 after acquiring an additional 39,517 shares during the period. Finally, SG Americas Securities LLC lifted its holdings 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 worth $62,000 after acquiring an additional 5,686 shares during the period. Institutional investors own 24.02% of the company's stock.

About HF Foods Group

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.