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

HF Foods Group Inc. (NASDAQ:HFFG) CEO Xi Lin purchased 5,000 shares of the firm’s stock in a transaction dated Monday, March 17th. The stock was acquired at an average cost of $2.47 per share, for a total transaction of $12,350.00. Following the purchase, the chief executive officer now owns 266,557 shares in the company, valued at approximately $658,395.79. The trade was a 1.91 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

HF Foods Group Price Performance

HFFG opened at $3.55 on Friday. The stock’s 50-day moving average price is $2.46 and its 200 day moving average price is $3.09. HF Foods Group Inc. has a 12-month low of $1.70 and a 12-month high of $4.13. 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 cap of $187.19 million, a price-to-earnings ratio of -118.33 and a beta of 1.61.

HF Foods Group (NASDAQ:HFFG) last posted 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. 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 analyst estimates of $287.86 million. As a group, sell-side analysts expect that HF Foods Group Inc. will post 0.22 earnings per share for the current year.

Hedge Funds Weigh In On HF Foods Group

Several hedge funds have recently bought and sold shares of HFFG. State Street Corp lifted its stake in 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 in the last quarter. Barclays PLC increased its holdings in 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 purchasing an additional 42,217 shares during the period. Geode Capital Management LLC increased its holdings in 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 purchasing an additional 3,815 shares during the period. JPMorgan Chase & Co. increased its holdings in 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 purchasing an additional 39,517 shares during the period. Finally, SG Americas Securities LLC increased its holdings in 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 period. Institutional investors and hedge funds 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.