A Director at Hooker Furniture Corp (HOFT) is Buying Shares


Today, a Director at Hooker Furniture Corp (HOFT), Christopher Beeler, bought shares of HOFT for $99.12K.

This recent transaction increases Christopher Beeler’s holding in the company by 10.81% to a total of $1.01 million. In addition to Christopher Beeler, 4 other HOFT executives reported Buy trades in the last month.

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Based on Hooker Furniture Corp’s latest earnings report for the quarter ending January 31, the company posted quarterly revenue of $200 million and quarterly net profit of $14.66 million. In comparison, last year the company earned revenue of $176 million and had a net profit of $8.82 million. HOFT’s market cap is $331.3M and the company has a P/E ratio of 8.30. Currently, Hooker Furniture Corp has an average volume of 5,390.

The insider sentiment on Hooker Furniture Corp has been positive according to 30 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

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Hooker Furniture Corp. is a home furnishings marketing and logistics company. It offers worldwide sourcing of residential casegoods and upholstery, as well as domestically-produced custom leather and fabric-upholstered furniture. The company operates its business through three segments: Casegoods, Upholstered and All Other.

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