Today, the CFO of Hooker Furniture Corp (HOFT), Paul Huckfeldt, bought shares of HOFT for $14.44K.
Following Paul Huckfeldt’s last HOFT Buy transaction on September 16, 2011, the stock climbed by 20.1%. This recent transaction increases Paul Huckfeldt’s holding in the company by 2.34% to a total of $616.5K.
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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 $332.7M and the company has a P/E ratio of 8.34. Currently, Hooker Furniture Corp has an average volume of 25.55K.
The insider sentiment on Hooker Furniture Corp has been positive according to 27 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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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.
