Hanmi Financial Corp. Director Sells $64,360 in Stock (HAFC)
Hanmi Financial Corp. (NASDAQ:HAFC) Director Joseph Rho sold 4,000 shares of the stock on the open market in a transaction dated Thursday, September 12th. The shares were sold at an average price of $16.09, for a total transaction of $64,360.00. Following the completion of the transaction, the director now directly owns 360,566 shares of the company’s stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Hanmi Financial Corp. (NASDAQ:HAFC) from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, July 25th. They now have a $19.40 price target on the stock. Analysts at FBR Capital Markets raised their price target on shares of Hanmi Financial Corp. (NASDAQ:HAFC) from $16.00 to $19.00 in a research note to investors on Wednesday, July 24th. They now have a “market perform” rating on the stock.
Hanmi Financial Corp. (NASDAQ:HAFC) traded up 2.34% on Friday, hitting $16.59. 199,399 shares of the company’s stock traded hands. Hanmi Financial Corp. has a 52 week low of $11.67 and a 52 week high of $18.36. The stock’s 50-day moving average is $17.02 and its 200-day moving average is $16.52. The company has a market cap of $524.3 million and a P/E ratio of 10.90.
The company also recently announced a special dividend, which is scheduled for Tuesday, September 17th. Stockholders of record on Tuesday, September 3rd will be paid a dividend of $0.07 per share. The ex-dividend date is Thursday, August 29th.
Hanmi Financial Corporation (NASDAQ:HAFC) is a holding company for Hanmi Bank (the Bank).
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