Insider Buying: Hillman Solutions Corp (NASDAQ:HLMN) Director Buys $79,100.00 in Stock

Hillman Solutions Corp (NASDAQ:HLMN – Get Rating) Director Philip Woodlief bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, May 18th. The stock was bought at an average price of $7.91 per share, for a total transaction of $79,100.00. Following the acquisition, the director now directly owns 27,537 shares of the company’s stock, valued at approximately $217,817.67. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Hillman Solutions Stock Up 1.5 %

HLMN opened at $8.11 on Monday. The company has a fifty day moving average of $8.04 and a 200 day moving average of $8.22. Hillman Solutions Corp has a fifty-two week low of $6.59 and a fifty-two week high of $12.45. The company has a quick ratio of 0.84, a current ratio of 2.87 and a debt-to-equity ratio of 0.77.

Hillman Solutions (NASDAQ:HLMN – Get Rating) last posted its earnings results on Tuesday, May 9th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.05. Hillman Solutions had a negative net margin of 1.61% and a positive return on equity of 6.56%. The company had revenue of $349.71 million during the quarter, compared to analysts’ expectations of $356.85 million. During the same period last year, the company posted $0.09 earnings per share. Hillman Solutions’s quarterly revenue was down 3.7% on a year-over-year basis. As a group, sell-side analysts forecast that Hillman Solutions Corp will post 0.38 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Hillman Solutions

A number of institutional investors and hedge funds have recently made changes to their positions in HLMN. HBK Sorce Advisory LLC purchased a new position in shares of Hillman Solutions during the 3rd quarter worth about $31,000. Janney Montgomery Scott LLC lifted its holdings in Hillman Solutions by 68.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 18,889 shares of the company’s stock valued at $142,000 after buying an additional 7,661 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Hillman Solutions by 7.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,842,442 shares of the company’s stock valued at $20,494,000 after buying an additional 197,488 shares in the last quarter. Barclays PLC lifted its holdings in Hillman Solutions by 155.8% during the 3rd quarter. Barclays PLC now owns 17,279 shares of the company’s stock valued at $130,000 after buying an additional 10,524 shares in the last quarter. Finally, Clearline Capital LP bought a new stake in Hillman Solutions during the 3rd quarter valued at about $2,403,000.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded shares of Hillman Solutions from a “d” rating to a “c-” rating in a research report on Wednesday, March 15th.

About Hillman Solutions

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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.