U.S. stocks steady; Cook’s dismissal, Nvidia earnings in spotlight
In a recent transaction, Cindy Yao, Chief Financial Officer of HF Foods Group Inc. (NASDAQ:HFFG), acquired 2,000 shares of the company’s common stock. The purchase, made on March 19, 2025, was executed at a price of $2.815 per share, amounting to a total investment of $5,630. The timing appears strategic, as InvestingPro data shows the stock has surged over 108% in the past week, with the current price at $3.55. Following this transaction, Yao, through indirect ownership by her spouse, holds a total of 2,000 shares, while her direct ownership stands at 52,817 shares. HF Foods Group, headquartered in Las Vegas, operates in the wholesale grocery sector. According to InvestingPro analysis, the company maintains healthy liquidity with a current ratio of 1.23, and analysts expect profitability this year despite recent challenges. For deeper insights into insider trading patterns and 12 additional ProTips, consider exploring the comprehensive Pro Research Report available on InvestingPro.
In other recent news, HF Foods Group Inc. reported a notable earnings beat for Q4 2024, with an earnings per share (EPS) of $0.11, surpassing the anticipated loss of $0.06. The company’s revenue also exceeded expectations, reaching $305.3 million, marking an 8.7% increase from the previous year. Despite a net loss of $48.1 million due to a $46.3 million goodwill impairment charge, the company’s adjusted EBITDA rose by 39.4% to $14.5 million. HF Foods is actively pursuing strategic investments, including mergers and acquisitions, supported by an increased credit facility of $125 million. Analysts have taken note of HF Foods’ strong performance, with the company focusing on expanding its market presence and enhancing operational efficiency. The company is also advancing its digital transformation initiatives, including a new e-commerce platform. These developments reflect HF Foods’ ongoing efforts to strengthen its market position and drive future growth.
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