Insider Buying: Hawkins, Inc. (HWKN) VP Acquires 2,000 Shares of Stock

Hawkins, Inc. (NASDAQ:HWKN) VP Daniel J. Stauber bought 2,000 shares of the company’s stock in a transaction dated Tuesday, November 6th. The stock was acquired at an average price of $37.69 per share, for a total transaction of $75,380.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

HWKN stock traded up $0.60 during midday trading on Monday, hitting $42.34. The stock had a trading volume of 18,100 shares, compared to its average volume of 32,667. The stock has a market cap of $447.48 million, a P/E ratio of 21.85 and a beta of 1.03. Hawkins, Inc. has a 52 week low of $30.55 and a 52 week high of $42.85. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.38 and a quick ratio of 1.23.

Hawkins (NASDAQ:HWKN) last issued its earnings results on Wednesday, October 31st. The specialty chemicals company reported $0.69 EPS for the quarter. The firm had revenue of $145.32 million during the quarter. Hawkins had a positive return on equity of 9.32% and a negative net margin of 0.68%.

The company also recently declared a quarterly dividend, which was paid on Friday, November 30th. Investors of record on Friday, November 16th were issued a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 2.13%. The ex-dividend date was Thursday, November 15th.

Separately, BidaskClub raised Hawkins from a “sell” rating to a “hold” rating in a research report on Thursday, November 15th.

A number of institutional investors have recently bought and sold shares of HWKN. Tower Research Capital LLC TRC acquired a new position in Hawkins in the 2nd quarter worth about $104,000. SG Americas Securities LLC bought a new position in shares of Hawkins during the second quarter worth about $140,000. Municipal Employees Retirement System of Michigan grew its position in shares of Hawkins by 47.1% during the second quarter. Municipal Employees Retirement System of Michigan now owns 5,280 shares of the specialty chemicals company’s stock worth $187,000 after acquiring an additional 1,690 shares during the last quarter. Virginia Retirement Systems ET AL bought a new position in shares of Hawkins during the third quarter worth about $203,000. Finally, Crossmark Global Holdings Inc. bought a new position in shares of Hawkins during the third quarter worth about $224,000. Institutional investors and hedge funds own 57.37% of the company’s stock.

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Hawkins Company Profile

Hawkins, Inc blends, manufactures, and distributes chemicals and other specialty ingredients in the United States and internationaly. It operates in three segments: Industrial, Water Treatment, and Health and Nutrition. It provides industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries.

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