Maria Duey Adds Hooker Furnishings Shares to Her Portfolio
Insider Maria Duey acquired 5,863 shares of Hooker Furnishings on June 12.
Key Points
- Maria Duey bought 5,863 shares of Hooker Furnishings (NasdaqGS: HOFT) on June 12, 2026.
- Hooker Furnishings trades at $15.35 with a market cap of about $172.4 million and a forward P/E of 12.16.
- Pzena Investment Management reduced its stake by 3,965 shares, while Vanguard Capital Management added 531,435 shares.
Maria Duey, an insider at Hooker Furnishings Corporation, purchased 5,863 shares of the company on June 12, 2026. This transaction did not occur under a pre-arranged 10b5-1 trading plan. Shares of Hooker Furnishings (NasdaqGS: HOFT) were trading at $15.35 at the time of the purchase.
What Changed in Maria Duey's Hooker Furnishings Position
Maria Duey's purchase of 5,863 shares adds to her stake in Hooker Furnishings. The transaction, which was not part of a planned trading program, indicates her confidence in the company's future prospects.
Other Institutional Activity in Hooker Furnishings
Pzena Investment Management LLC trimmed its holdings in Hooker Furnishings by 3,965 shares, leaving it with 1,378,725 shares valued at approximately $17.8 million. Meanwhile, Donald Smith & Co., Inc. increased its position by 4,210 shares to a total of 1,070,964 shares, worth about $13.8 million. Dimensional Fund Advisors LP reduced its stake by 49,477 shares, ending with 647,330 shares valued at roughly $8.3 million. On the other hand, Vanguard Capital Management LLC made a significant addition by acquiring 531,435 shares, now holding shares worth about $6.8 million. Ameriprise Financial Inc also boosted its stake by 6,334 shares, totaling 447,145 shares valued at $5.8 million.
Hooker Furnishings Stock Snapshot
Shares of Hooker Furnishings trade near $15.35, with a market cap of approximately $172.4 million. The company has a forward P/E ratio of 12.16 and a beta of 1.215, suggesting moderate volatility. The stock's 52-week range is between $8.62 and $16.41. Its 50-day moving average stands at $13.07, while the 200-day moving average is $11.85. The company's current ratio is 3.367, and its quick ratio is 1.411, indicating solid liquidity. Hooker Furnishings carries a debt-to-equity ratio of 16.625.
Recent Earnings
Hooker Furnishings reported revenue of $278.1 million, though it faced a revenue decline of 20.5%. The company posted a net margin of -9.7% and a return on equity of -6.8%, reflecting recent challenges. Earnings per share were negative at -$1.04. Investors can look forward to the next earnings report on September 10, 2026.
Dividend
Hooker Furnishings offers an annual dividend rate of $0.58, yielding 3.7% for investors. The payout ratio is a modest 6.5%, suggesting the dividend is well-supported by current earnings.
Insider Buying and Selling at Hooker Furnishings Corporation
On June 12, 2026, several insiders, including Maria Duey, Paul Huckfeldt, Ellen Taaffe, Paulette Garafalo, Christopher Henson, and Tonya Harris Jackson, each purchased 5,863 shares of Hooker Furnishings. These transactions were not part of any pre-arranged trading plans.
About Hooker Furnishings Corporation
Hooker Furnishings Corporation, based in Martinsville, Virginia, designs, manufactures, and markets furniture for residential, hospitality, and contract markets across North America. It operates through segments including Hooker Branded, Domestic Upholstery, and All Other, offering products like casegoods, upholstery, and hotel furnishings. The company, led by CEO Jeremy R. Hoff, employs around 840 people.
Bottom Line
Maria Duey's recent purchase of Hooker Furnishings shares adds to her investment in the company. Investors often monitor insider transactions like these for potential insights into the company's future. Remember, insider transactions are reported after the fact and may not reflect current positions or market conditions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
