HF Foods Group Inc. (NASDAQ:HFFG) CEO Xi Lin Purchases 5,000 Shares

HF Foods Group Inc. (NASDAQ:HFFG) CEO Xi Lin bought 5,000 shares of the business’s stock in a transaction on Monday, March 17th. The stock was purchased at an average cost of $2.47 per share, with a total value of $12,350.00. Following the purchase, the chief executive officer now owns 266,557 shares of the company’s stock, valued at $658,395.79. This represents a 1.91 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

HF Foods Group Stock Down 1.1 %

Shares of HFFG opened at $3.51 on Friday. The firm has a market cap of $185.08 million, a P/E ratio of -117.00 and a beta of 1.61. The stock has a 50 day simple moving average of $2.47 and a two-hundred day simple moving average of $3.09. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.18 and a quick ratio of 0.45. HF Foods Group Inc. has a 1 year low of $1.70 and a 1 year high of $4.13.

HF Foods Group (NASDAQ:HFFG) last issued its earnings results on Thursday, March 13th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.02. The business had revenue of $305.28 million during the quarter, compared to analyst estimates of $287.86 million. HF Foods Group had a positive return on equity of 6.96% and a negative net margin of 0.16%. On average, analysts forecast that HF Foods Group Inc. will post 0.22 earnings per share for the current fiscal year.

Institutional Trading of HF Foods Group

Several hedge funds and other institutional investors have recently bought and sold shares of the company. ProShare Advisors LLC purchased a new stake in HF Foods Group in the fourth quarter worth approximately $36,000. Bank of America Corp DE boosted its stake in shares of HF Foods Group by 84.0% during the fourth quarter. Bank of America Corp DE now owns 48,807 shares of the company’s stock valued at $157,000 after purchasing an additional 22,280 shares during the period. Northern Trust Corp grew its holdings in shares of HF Foods Group by 4.7% in the fourth quarter. Northern Trust Corp now owns 320,658 shares of the company’s stock worth $1,029,000 after purchasing an additional 14,275 shares during the last quarter. MetLife Investment Management LLC grew its holdings in shares of HF Foods Group by 458.0% in the fourth quarter. MetLife Investment Management LLC now owns 23,381 shares of the company’s stock worth $75,000 after purchasing an additional 19,191 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of HF Foods Group by 8.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 291,360 shares of the company’s stock worth $935,000 after purchasing an additional 21,996 shares during the last quarter. Hedge funds and other 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.