Aaron Jerrod Parker Sells 17,381 Shares of Hillman Solutions (NASDAQ:HLMN) Stock

Hillman Solutions Corp. (NASDAQ:HLMNGet Free Report) insider Aaron Jerrod Parker sold 17,381 shares of Hillman Solutions stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $8.57, for a total value of $148,955.17. Following the transaction, the insider directly owned 54,723 shares in the company, valued at approximately $468,976.11. This trade represents a 24.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Hillman Solutions Price Performance

Shares of NASDAQ HLMN opened at $8.12 on Wednesday. The stock has a market cap of $1.58 billion, a P/E ratio of 36.91, a P/E/G ratio of 1.16 and a beta of 1.39. Hillman Solutions Corp. has a twelve month low of $6.96 and a twelve month high of $10.85. The stock has a 50 day moving average of $8.27 and a two-hundred day moving average of $8.25. The company has a current ratio of 2.71, a quick ratio of 0.87 and a debt-to-equity ratio of 0.55.

Hillman Solutions (NASDAQ:HLMNGet Free Report) last announced its earnings results on Monday, August 3rd. The company reported $0.17 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.17. The business had revenue of $442.25 million for the quarter, compared to analyst estimates of $433.67 million. Hillman Solutions had a net margin of 2.57% and a return on equity of 9.11%. On average, research analysts forecast that Hillman Solutions Corp. will post 0.6 earnings per share for the current year.

Hedge Funds Weigh In On Hillman Solutions

A number of large investors have recently bought and sold shares of HLMN. MGO One Seven LLC boosted its position in Hillman Solutions by 3.8% in the 4th quarter. MGO One Seven LLC now owns 30,074 shares of the company’s stock valued at $260,000 after buying an additional 1,109 shares during the last quarter. MQS Management LLC increased its position in shares of Hillman Solutions by 11.1% during the fourth 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 stake in shares of Hillman Solutions by 4.7% in the first quarter. Wealth Alliance LLC now owns 38,726 shares of the company’s stock worth $322,000 after acquiring an additional 1,733 shares in the last quarter. ProShare Advisors LLC boosted its holdings in Hillman Solutions by 6.9% in the fourth quarter. ProShare Advisors LLC now owns 36,213 shares of the company’s stock valued at $314,000 after purchasing an additional 2,332 shares during the last quarter. Finally, Benjamin Edwards Inc. boosted its holdings in Hillman Solutions by 13.5% in the fourth quarter. Benjamin Edwards Inc. now owns 20,095 shares of the company’s stock valued at $174,000 after purchasing an additional 2,397 shares during the last quarter. Hedge funds and other institutional investors own 98.11% of the company’s stock.

Wall Street Analysts Forecast Growth

HLMN has been the subject of a number of research reports. Weiss Ratings raised shares of Hillman Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, August 4th. Wall Street Zen lowered Hillman Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Canaccord Genuity Group dropped their price target 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. Finally, Barclays upped their price objective on Hillman Solutions from $10.00 to $11.00 and gave the company an “equal weight” rating in a research note on Monday, August 10th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $12.50.

Check Out Our Latest Analysis on Hillman Solutions

Hillman Solutions Company Profile

(Get Free Report)

Hillman Solutions (NASDAQ:HLMN) is a leading provider of hardware and related products to the home improvement, retail, industrial and manufacturing markets. The company’s portfolio encompasses key duplication systems and security solutions, hardware essentials such as fasteners and anchors, signage and labeling products, and outdoor and seasonal items. Hillman’s product offerings are sold through a network of major home improvement retailers, wholesalers, independent distributors and other specialty outlets.

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman grew from a family-run enterprise into a global supplier of hardware solutions.

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