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

Hillman Solutions Corp. (NASDAQ:HLMN) insider Aaron Jerrod Parker sold 17,381 shares of Hillman Solutions stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $8.57, for a total transaction of $148,955.17. Following the sale, the insider directly owned 54,723 shares of the company’s stock, valued at $468,976.11. This represents a 24.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Hillman Solutions Stock Performance

NASDAQ HLMN opened at $8.36 on Monday. The stock’s 50-day simple moving average is $8.26 and its two-hundred day simple moving average is $8.28. Hillman Solutions Corp. has a twelve month low of $6.96 and a twelve month 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 company has a market capitalization of $1.63 billion, a price-to-earnings ratio of 38.00, a PEG ratio of 1.17 and a beta of 1.39.

Hillman Solutions (NASDAQ:HLMN) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.17 EPS for the quarter, meeting the consensus estimate of $0.17. The firm had revenue of $442.25 million for the quarter, compared to analyst estimates of $433.67 million. Hillman Solutions had a return on equity of 9.11% and a net margin of 2.57%. Research analysts forecast that Hillman Solutions Corp. will post 0.6 EPS for the current fiscal year.

Institutional Trading of Hillman Solutions

Several large investors have recently added to or reduced their stakes in HLMN. Kestra Advisory Services LLC purchased a new stake in shares of Hillman Solutions in the 4th quarter worth about $33,000. Los Angeles Capital Management LLC purchased a new position in shares of Hillman Solutions during the fourth quarter valued at about $37,000. Public Employees Retirement System of Ohio bought a new position in Hillman Solutions in the second quarter worth about $42,000. Brown Brothers Harriman & Co. bought a new position in Hillman Solutions in the third quarter worth about $59,000. Finally, Advisory Services Network LLC bought a new position in Hillman Solutions in the third quarter worth about $63,000. Institutional investors own 98.11% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on HLMN shares. Weiss Ratings upgraded shares of Hillman Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, August 4th. Canaccord Genuity Group dropped their target price on Hillman Solutions from $14.00 to $13.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Barclays raised their price target on Hillman Solutions from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Monday, August 10th. Finally, Wall Street Zen cut Hillman Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $12.50.

About Hillman Solutions

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.