Christine Chang Buys 7,961 Shares of HF Foods Group Inc. (NASDAQ:HFFG) Stock

HF Foods Group Inc. (NASDAQ:HFFG - Get Free Report) insider Christine Chang acquired 7,961 shares of the business's stock in a transaction dated Monday, March 17th. The shares were acquired at an average price of $2.49 per share, for a total transaction of $19,822.89. Following the acquisition, the insider now directly owns 174,052 shares in the company, valued at $433,389.48. This represents a 4.79 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

HF Foods Group Stock Down 1.1 %

NASDAQ HFFG traded down $0.04 during trading on Friday, hitting $3.51. The stock had a trading volume of 672,797 shares, compared to its average volume of 57,887. The company has a market capitalization of $185.08 million, a PE ratio of -117.00 and a beta of 1.61. The company's 50-day moving average price is $2.47 and its two-hundred day moving average price is $3.09. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.45 and a current ratio of 1.18. HF Foods Group Inc. has a 12 month low of $1.70 and a 12 month high of $4.13.

HF Foods Group (NASDAQ:HFFG - Get Free Report) last released its earnings results on Thursday, March 13th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. The firm had revenue of $305.28 million for the quarter, compared to analysts' expectations of $287.86 million. HF Foods Group had a positive return on equity of 6.96% and a negative net margin of 0.16%. As a group, sell-side analysts forecast that HF Foods Group Inc. will post 0.22 EPS for the current year.

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Institutional Investors Weigh In On HF Foods Group

Several institutional investors have recently bought and sold shares of the company. State Street Corp lifted its stake in HF Foods Group by 0.4% in the 3rd quarter. State Street Corp now owns 762,836 shares of the company's stock valued at $2,723,000 after acquiring an additional 3,155 shares in the last quarter. Geode Capital Management LLC lifted its stake in HF Foods Group by 0.4% in the 3rd quarter. Geode Capital Management LLC now owns 922,061 shares of the company's stock valued at $3,292,000 after acquiring an additional 3,815 shares in the last quarter. Barclays PLC increased its position in shares of HF Foods Group by 8.2% during the 4th quarter. Barclays PLC now owns 61,350 shares of the company's stock worth $197,000 after purchasing an additional 4,665 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of HF Foods Group by 29.3% during the 4th quarter. Wells Fargo & Company MN now owns 23,631 shares of the company's stock worth $76,000 after purchasing an additional 5,348 shares during the last quarter. Finally, SG Americas Securities LLC increased 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 worth $62,000 after purchasing an additional 5,686 shares during the last quarter. 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.