On December 16, 2024, Paulette Garafalo, a Director at Hooker Furnishings Corp, sold 2,489 shares of the company. Following this transaction, the insider now owns 20,783 shares of Hooker Furnishings Corp. The details of this transaction can be found in the SEC Filing.
Hooker Furnishings Corp (HOFT, Financial) is a home furnishings company that designs, imports, manufactures, and markets residential furniture products. The company offers a wide range of furniture, including casegoods, leather furniture, and fabric-upholstered furniture. Hooker Furnishings Corp operates through various brands and subsidiaries, providing a diverse selection of products to its customers.
The insider transaction history for Hooker Furnishings Corp indicates that there has been one insider buy and one insider sell over the past year. This recent sale by Paulette Garafalo marks the only insider sell during this period.
On the day of the transaction, shares of Hooker Furnishings Corp were trading at $17.10 each, giving the stock a market cap of $181.732 million. The stock's GF Value was estimated at $15.13, resulting in a price-to-GF-Value ratio of 1.13. This suggests that the stock is modestly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also incorporates a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
