Hanmi Financial Corp. CEO Chong Guk Kum Purchases 1,821 Shares (HAFC)
Hanmi Financial Corp. (NASDAQ:HAFC) CEO Chong Guk Kum acquired 1,821 shares of the company’s stock on the open market in a transaction dated Friday, September 20th. The shares were purchased at an average price of $16.55 per share, for a total transaction of $30,137.55. Following the acquisition, the chief executive officer now directly owns 78,653 shares in the company, valued at approximately $1,301,707. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on HAFC. 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 down 0.66% during mid-day trading on Monday, hitting $16.53. The stock had a trading volume of 267,525 shares. 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 $16.92 and its 200-day moving average is $16.50. The company has a market cap of $522.4 million and a price-to-earnings ratio of 11.19.
Hanmi Financial Corporation (NASDAQ:HAFC) is a holding company for Hanmi Bank (the Bank).
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