Paulette Garafalo Increases Stake in Hooker Furnishings
Insider Paulette Garafalo bought 5,863 shares of Hooker Furnishings on June 12, 2026.
Key Points
- Insider Paulette Garafalo purchased 5,863 shares of Hooker Furnishings, trading on NasdaqGS under the ticker HOFT, on June 12, 2026.
- Shares of Hooker Furnishings are trading near $15.35, with a market cap of $172.4 million and a forward P/E ratio of 12.2.
- PZENA Investment Management and Dimensional Fund Advisors both reduced their positions in Hooker Furnishings, while Donald Smith & Co. increased its holdings.
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Paulette Garafalo, an insider at Hooker Furnishings Corporation, purchased 5,863 shares on June 12, 2026. The transaction was not part of a pre-planned trading program and reflects a personal investment in the company.
Insider Buying and Selling at Hooker Furnishings Corporation
On June 12, 2026, several insiders at Hooker Furnishings Corporation, including Paulette Garafalo, acquired 5,863 shares each. This move was not executed under a Rule 10b5-1 trading plan.
Other Institutional Activity in Hooker Furnishings
During recent institutional activity, PZENA Investment Management LLC decreased its stake by 3,965 shares, ending with 1,378,725 shares valued at about $17.8 million. Meanwhile, Donald Smith & Co., Inc. increased its holdings by 4,210 shares to 1,070,964 shares, valued at approximately $13.8 million. Dimensional Fund Advisors LP reduced its position significantly by 49,477 shares, holding 647,330 shares worth around $8.3 million. Vanguard Capital Management LLC maintained its position at 531,435 shares, valued at roughly $6.8 million. Ameriprise Financial Inc. added 6,334 shares, bringing its total to 447,145 shares, worth about $5.8 million. Azarias Capital Management, L.P. cut its stake by 76,003 shares, ending with 397,176 shares valued at $5.1 million.
Hooker Furnishings Corporation Stock Up 20.0%
Shares of NasdaqGS:HOFT are trading near $15.35. Hooker Furnishings Corporation has a market capitalization of $172.4 million and a forward P/E ratio of 12.2. The stock has a beta of 1.215, indicating moderate volatility. Over the past year, the stock's price has ranged from $8.62 to $16.41. The 50-day moving average is $13.07, while the 200-day moving average stands at $11.85.
About Hooker Furnishings Corporation
Hooker Furnishings Corporation, based in Martinsville, Virginia, designs and manufactures a wide range of home furnishings. It operates through segments like Hooker Branded and Domestic Upholstery, offering products from casegoods to upholstered furniture. The company serves various retail channels, including independent stores and e-commerce platforms. Founded in 1924, Hooker Furnishings has about 840 employees and is led by CEO Jeremy R. Hoff.
Bottom Line
The recent insider buying activity at Hooker Furnishings Corporation suggests a level of confidence among its leaders. Investors often watch such moves for potential insights into a company's future prospects. It's important to note that these transactions are disclosed after the fact and may not reflect current positions. Hooker Furnishings continues to operate in the consumer cyclical sector, providing products across North America.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.