Hillman Solutions (NASDAQ:HLMN) CFO Buys $248,500.00 in Stock

Hillman Solutions Corp. (NASDAQ:HLMN) CFO Robert Kraft purchased 35,500 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were purchased at an average price of $7.00 per share, with a total value of $248,500.00. Following the purchase, the chief financial officer directly owned 697,090 shares in the company, valued at $4,879,630. This trade represents a 5.37% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Hillman Solutions Price Performance

NASDAQ HLMN opened at $6.98 on Monday. The company has a market cap of $1.36 billion, a PE ratio of 31.73, a price-to-earnings-growth ratio of 0.98 and a beta of 1.38. Hillman Solutions Corp. has a 52 week low of $6.91 and a 52 week high of $10.85. The company has a quick ratio of 0.87, a current ratio of 2.71 and a debt-to-equity ratio of 0.55. The firm’s 50-day simple moving average is $8.12 and its two-hundred day simple moving average is $8.06.

Hillman Solutions (NASDAQ:HLMN) last posted its earnings results on Tuesday, August 4th. The company reported $0.17 earnings per share for the quarter, hitting the consensus estimate of $0.17. Hillman Solutions had a net margin of 2.57% and a return on equity of 9.11%. The firm had revenue of $442.25 million during the quarter, compared to the consensus estimate of $433.67 million. Research analysts predict that Hillman Solutions Corp. will post 0.6 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HLMN. MGO One Seven LLC increased its position in shares of Hillman Solutions by 3.8% during the fourth quarter. MGO One Seven LLC now owns 30,074 shares of the company’s stock valued at $260,000 after acquiring an additional 1,109 shares in the last quarter. MQS Management LLC raised its holdings in Hillman Solutions by 11.1% in the 4th quarter. MQS Management LLC now owns 14,084 shares of the company’s stock worth $122,000 after acquiring an additional 1,406 shares during the last quarter. Wealth Alliance LLC lifted its position in Hillman Solutions by 4.7% in the 1st quarter. Wealth Alliance LLC now owns 38,726 shares of the company’s stock valued at $322,000 after acquiring an additional 1,733 shares in the last quarter. ProShare Advisors LLC raised its stake in shares of Hillman Solutions by 6.9% in the fourth quarter. ProShare Advisors LLC now owns 36,213 shares of the company’s stock worth $314,000 after purchasing an additional 2,332 shares during the last quarter. Finally, California State Teachers Retirement System increased its holdings in Hillman Solutions by 1.4% in the 2nd quarter. California State Teachers Retirement System now owns 181,427 shares of the company’s stock worth $1,295,000 after buying an additional 2,522 shares in the last quarter. 98.11% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

HLMN has been the topic of several recent research reports. Canaccord Genuity Group dropped their target price on Hillman Solutions from $14.00 to $13.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Barclays lifted their price target on Hillman Solutions from $10.00 to $11.00 and gave the company an “equal weight” rating in a research report on Monday, August 10th. Jefferies Financial Group raised Hillman Solutions to a “strong-buy” rating in a report on Thursday. Finally, Weiss Ratings upgraded Hillman Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $12.67.

About Hillman Solutions

Hillman Solutions Corp. is a provider of hardware-related products and services to retailers and consumers across North America. The company supplies merchandise and in-store solutions designed to help customers maintain, repair, secure and organize their homes, vehicles and other property.

Its product portfolio includes keys and key-duplication services, key accessories, locks, identification products, fasteners, wall-hanging hardware, bath hardware, specialty hardware and other home-improvement items.