Jackson Tonya Harris Buys Shares of Hooker Furnishings

On June 12, 2026, Jackson Tonya Harris, an insider at Hooker Furnishings Corporation, purchased 5,863 shares of the company. The stock, trading under the ticker HOFT on the NasdaqGS, was priced at $15.35 at the time of the transaction.

Insider Buying and Selling at Hooker Furnishings Corporation

Several insiders, including Paul Huckfeldt, Ellen Taaffe, Paulette Garafalo, Christopher Henson, and Maria Duey, also bought 5,863 shares each on the same day. These transactions were not part of a pre-planned trading program.

Other Institutional Activity in Hooker Furnishings

Several institutional investors made changes to their holdings in Hooker Furnishings. Donald Smith & Co., Inc. increased its holdings by 4,210 shares, bringing its total to 1,070,964 shares valued at approximately $13.79 million. On the other hand, Dimensional Fund Advisors LP reduced its position by 49,477 shares, now holding 647,330 shares worth about $8.34 million. Pzena Investment Management LLC slightly trimmed its stake by 3,965 shares to a total of 1,378,725 shares valued at $17.76 million. Meanwhile, Vanguard Capital Management LLC established a new position with 531,435 shares worth $6.84 million.

Hooker Furnishings Stock Snapshot

Hooker Furnishings Corporation, trading at $15.35, has a market capitalization of approximately $172.4 million. It sports a forward P/E ratio of 12.16 and a beta of 1.215, indicating moderate volatility compared to the market. 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 maintains a strong current ratio of 3.367 and a quick ratio of 1.411, alongside 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 negative net margin of 9.7% and a return on equity of -6.8%. Earnings per share were -$1.04. The next earnings release is scheduled for September 10, 2026.

Dividend

The company pays an annual dividend rate of $0.58 per share, which translates to a yield of 3.7%. The dividend payout ratio is a conservative 6.5%, indicating a sustainable dividend policy.

About Hooker Furnishings

Hooker Furnishings Corporation, based in Martinsville, Virginia, designs and sells a wide range of furniture. It operates through several segments, including Hooker Branded and Domestic Upholstery. The company offers products like home entertainment and office furniture, along with leather sofas and chairs. Hooker Furnishings sells its products through various channels, including independent furniture stores and online retailers. Jeremy R. Hoff serves as the CEO, overseeing a workforce of 840 employees.

Bottom Line

Insider buying activity at Hooker Furnishings, including the recent purchase by Jackson Tonya Harris, may attract investor interest. The company's stock performance and financial metrics provide a snapshot of its current state. Investors often track such insider transactions for insights, though it's important to remember these reports are retrospective and might not reflect future actions.