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

HF Foods Group Inc. (NASDAQ:HFFG) insider Christine Chang bought 7,961 shares of the business’s stock in a transaction on Monday, March 17th. The stock was bought at an average price of $2.49 per share, for a total transaction of $19,822.89. Following the completion of the purchase, the insider now directly owns 174,052 shares of the company’s stock, valued at $433,389.48. The trade was a 4.79 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

HF Foods Group Stock Performance

Shares of NASDAQ HFFG traded up $0.14 during midday trading on Wednesday, reaching $2.93. 323,992 shares of the company traded hands, compared to its average volume of 54,150. HF Foods Group Inc. has a 52 week low of $1.70 and a 52 week high of $4.13. The stock has a 50-day moving average price of $2.45 and a 200 day moving average price 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. The company has a market cap of $154.50 million, a price-to-earnings ratio of -97.67 and a beta of 1.61.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC increased its stake in shares of HF Foods Group by 0.4% in the third quarter. Geode Capital Management LLC now owns 922,061 shares of the company’s stock valued at $3,292,000 after buying an additional 3,815 shares in the last quarter. 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 valued at $2,723,000 after purchasing an additional 3,155 shares in the last quarter. Northern Trust Corp raised its position in HF Foods Group by 4.7% in the 4th quarter. Northern Trust Corp now owns 320,658 shares of the company’s stock valued at $1,029,000 after buying an additional 14,275 shares during the last quarter. Dimensional Fund Advisors LP raised its position in HF Foods Group by 8.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 291,360 shares of the company’s stock valued at $935,000 after buying an additional 21,996 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of HF Foods Group by 100.2% during the 4th quarter. JPMorgan Chase & Co. now owns 150,504 shares of the company’s stock worth $483,000 after purchasing an additional 75,319 shares during the last quarter. 24.02% of the stock is owned by institutional investors.

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.