Renah Persofsky Buys 30,000 Shares of Hydrofarm Holdings Group
Renah Persofsky acquired 30,000 shares of Hydrofarm Holdings Group on June 23, 2026.
Key Points
- Renah Persofsky purchased 30,000 shares of Hydrofarm Holdings Group on June 23, 2026, with no planned transaction code.
- Hydrofarm Holdings Group, listed on NasdaqCM as HYFM, traded near $0.84 on Friday with a market cap of approximately $4 million.
- Other institutional investors like Geode Capital Management increased their holdings, while Renaissance Technologies slightly reduced theirs.
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Renah Persofsky, an insider at Hydrofarm Holdings Group, Inc. (NasdaqCM: HYFM), bought 30,000 shares on June 23, 2026. This purchase was not part of a pre-planned trading program.
Insider Buying and Selling at Hydrofarm Holdings Group, Inc.
On June 23, 2026, several insiders bought 30,000 shares each of Hydrofarm Holdings, including Renah Persofsky, Patrick Chung, Richard Christopher Yetter, and Melisa Denis. Earlier in the year, CEO William Douglas Toler sold 5,189 shares at $1.51 each on January 6, 2026, without a pre-planned arrangement.
Other Institutional Activity in Hydrofarm Holdings
Geode Capital Management, LLC significantly increased its stake in Hydrofarm Holdings by adding 14,989 shares, bringing its total to 62,586 shares valued at $63,848. In contrast, Renaissance Technologies LLC slightly reduced its holdings by 300 shares, maintaining 72,163 shares worth about $73,606. Vanguard Capital Management LLC and Vanguard Fiduciary Trust Co both opened new positions, acquiring 39,683 and 18,082 shares, respectively.
Hydrofarm Holdings Group, Inc. Stock Up 2.7%
Shares of Hydrofarm Holdings Group (HYFM) were trading around $0.84 on Friday. The company has a market cap of approximately $4 million and a beta of 2.317, indicating higher volatility compared to the market. The stock's 52-week range is between $0.79 and $4.78, with a 50-day moving average of $0.99 and a 200-day moving average of $1.69. Hydrofarm's current ratio is 0.335, and its quick ratio is 0.112, reflecting challenges in covering short-term liabilities.
$HYFM stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
For the recent period, Hydrofarm Holdings reported revenue of $122.24 million, though it saw a 29.6% decline. The company's net margin stands at -237.25%, and it has a return on equity (ROE) of -440.05%. Hydrofarm is not currently profitable, as indicated by its negative forward P/E ratio.
Analysts Set New Price Targets
Analysts from Stifel and Truist Financial have maintained their 'hold' ratings on Hydrofarm Holdings with price targets ranging from $0.75 to $0.86. The consensus among analysts is to hold, with the average target price reflecting this sentiment.
About Hydrofarm Holdings Group
Hydrofarm Holdings Group, Inc. manufactures and distributes equipment and supplies for controlled environment agriculture in the U.S. and Canada. Based in Shoemakersville, Pennsylvania, the company offers products ranging from lighting and climate control equipment to nutrients and plant additives under various brand names. Led by CEO William Douglas Toler, Hydrofarm serves retailers and commercial resellers in the agricultural sector.
Bottom Line
Renah Persofsky's purchase of Hydrofarm Holdings shares highlights an insider's interest in the company. While the stock trades at a low price, investors monitor these transactions for potential insights into company prospects. It's important to remember that 13F filings and insider transactions reflect past actions and may not represent current positions.
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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.
