Hillman Solutions CFO Robert Kraft acquires $992,600 in stock

Published 05/05/2025, 13:58
Hillman Solutions CFO Robert Kraft acquires $992,600 in stock

Hillman Solutions Corp. (NASDAQ:HLMN) recently reported that its Chief Financial Officer and Treasurer, Robert O. Kraft, has acquired a significant amount of the company’s common stock. The purchase comes as the stock has declined over 35% in the past six months. According to the SEC filing, Kraft purchased 140,000 shares on May 1, 2025, at a weighted average price of $7.09 per share. This acquisition represents a total transaction value of approximately $992,600.

The transaction was executed in multiple trades with prices ranging from $6.995 to $7.185. Following this purchase, Kraft’s total direct ownership in Hillman Solutions stands at 632,752 shares. While the stock currently trades at a relatively high P/E ratio of 76x, InvestingPro analysis suggests the company is currently undervalued.

This acquisition reflects continued confidence in Hillman Solutions by its executive team, as Kraft strengthens his stake in the company. The company has remained profitable over the last twelve months, and analysts expect net income growth this year. Discover more insights about HLMN and access detailed analysis of 1,400+ stocks with a comprehensive Pro Research Report, available exclusively on InvestingPro.

In other recent news, Hillman Solutions Corp reported its first-quarter earnings for 2025, with results that met market expectations. The company achieved earnings per share of $0.10, aligning with analyst forecasts, while revenue slightly exceeded expectations at $359.3 million, compared to the anticipated $358.14 million. Hillman Solutions also reported a 4.2% year-over-year increase in adjusted EBITDA, reaching $54.5 million. The company’s adjusted gross margins, however, saw a slight decline to 46.9% from 47.6% the previous year. The firm reiterated its full-year net sales guidance, projecting growth between $1.495 billion and $1.575 billion, with an anticipated midpoint growth of 4%. Hillman Solutions is also maintaining its adjusted EBITDA guidance of $255 million to $275 million, reflecting a 10% growth at the midpoint. The company continues to navigate tariff challenges, with CEO John Michael Adinolfi expressing confidence in managing these impacts through strategic pricing adjustments and supplier diversification. The M&A pipeline remains strong, although acquisitions are on hold until tariff conditions stabilize.

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