Hillman Solutions Corp (NASDAQ:HLMN) Director Philip Woodlief Sells 19,779 Shares

Hillman Solutions Corp (NASDAQ:HLMN) Director Philip Woodlief sold 19,779 shares of the stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $11.18, for a total transaction of $221,129.22. Following the sale, the director now directly owns 55,811 shares in the company, valued at approximately $623,966.98. This represents a 26.17 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Hillman Solutions Trading Down 0.4 %

Shares of HLMN stock traded down $0.04 during trading hours on Monday, hitting $11.16. 487,200 shares of the company’s stock traded hands, compared to its average volume of 882,734. The company has a quick ratio of 0.76, a current ratio of 2.32 and a debt-to-equity ratio of 0.62. Hillman Solutions Corp has a 12 month low of $7.51 and a 12 month high of $12.08. The stock has a market cap of $2.19 billion, a PE ratio of 279.07 and a beta of 1.65. The stock’s 50 day simple moving average is $10.81 and its 200 day simple moving average is $9.90.

Hillman Solutions (NASDAQ:HLMN) last announced its earnings results on Tuesday, November 5th. The company reported $0.16 EPS for the quarter, hitting the consensus estimate of $0.16. The firm had revenue of $393.30 million for the quarter, compared to the consensus estimate of $389.50 million. Hillman Solutions had a return on equity of 8.81% and a net margin of 0.57%. The business’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.11 EPS. On average, sell-side analysts anticipate that Hillman Solutions Corp will post 0.53 EPS for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Canaccord Genuity Group boosted their price objective on Hillman Solutions from $12.00 to $13.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. Robert W. Baird upped their price target on Hillman Solutions from $12.00 to $14.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 6th. Finally, Barclays lifted their price target on Hillman Solutions from $10.00 to $12.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 6th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $13.60.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. First Horizon Advisors Inc. lifted its stake in shares of Hillman Solutions by 231.7% in the third quarter. First Horizon Advisors Inc. now owns 3,317 shares of the company’s stock valued at $35,000 after buying an additional 2,317 shares in the last quarter. Quarry LP purchased a new stake in Hillman Solutions during the third quarter valued at about $43,000. Canada Pension Plan Investment Board purchased a new position in shares of Hillman Solutions in the second quarter worth about $57,000. Benjamin F. Edwards & Company Inc. raised its position in shares of Hillman Solutions by 103.9% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 8,779 shares of the company’s stock valued at $78,000 after purchasing an additional 4,473 shares during the period. Finally, Institute for Wealth Management LLC. purchased a new stake in shares of Hillman Solutions during the 2nd quarter valued at approximately $101,000. Institutional investors and hedge funds own 98.11% of the company’s stock.

Hillman Solutions Company Profile

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 40,000 locations. Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & Industrial customers.