Insider Selling: HopFed Bancorp, CFO Sells 239 Shares of Stock (HFBC)
HopFed Bancorp, (NASDAQ:HFBC) CFO Billy C. Duvall unloaded 239 shares of the stock on the open market in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $11.95, for a total transaction of $2,856.05. Following the transaction, the chief financial officer now directly owns 31,075 shares of the company’s stock, valued at approximately $371,346. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Zacks upgraded shares of HopFed Bancorp, from a “neutral” rating to an “outperform” rating in a research note on Wednesday. They now have a $13.00 price target on the stock.
Shares of HopFed Bancorp, (NASDAQ:HFBC) traded down 1.42% during mid-day trading on Wednesday, hitting $11.75. The stock had a trading volume of 8,450 shares. HopFed Bancorp, has a 52-week low of $10.60 and a 52-week high of $12.45. The stock has a 50-day moving average of $11.72 and a 200-day moving average of $11.55. The company has a market cap of $87.1 million and a P/E ratio of 28.38.
HopFed Bancorp, (NASDAQ:HFBC) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.13 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.10 by $0.03. Analysts expect that HopFed Bancorp, will post $0.38 EPS for the current fiscal year.
HopFed Bancorp, Inc is a savings and loan holding company that operates through its wholly owned subsidiary, Hopkinsville Federal Savings Bank (NASDAQ:HFBC).
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