HF Foods Group Appoints New Board Member Amid Changes

The latest update is out from HF Foods Group ( (HFFG) ).

On June 1 and June 2, 2025, HF Foods Group Inc. experienced the resignations of directors Lisa Lim and Charlotte Westfall, effective June 2, 2025, without any disagreements related to company operations. Consequently, they did not stand for re-election at the annual meeting on June 3, 2025. Dennis Lam, a certified public accountant with extensive experience in audit and advisory services, was appointed to the board effective June 4, 2025, filling one of the vacancies. Lam will serve as the Chair of the Audit Committee and a member of the Compensation and Nominating and Governance Committees. Additionally, the Compensation Committee approved increases in cash and equity compensation for independent directors, effective July 1, 2025.

The most recent analyst rating on (HFFG) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on HF Foods Group stock, see the HFFG Stock Forecast page.

Spark’s Take on HFFG Stock

According to Spark, TipRanks’ AI Analyst, HFFG is a Neutral.

HF Foods Group’s overall stock score reflects its mixed financial performance and positive strategic initiatives amidst challenging macroeconomic conditions. Stable revenue growth and strategic cost optimizations are positive, but the negative net income impacts the valuation. The expanded credit agreement indicates confidence in future growth. Technical indicators suggest potential upward momentum, supporting a moderate outlook for the stock.

To see Spark’s full report on HFFG stock, click here.

More about HF Foods Group

Average Trading Volume: 218,755

Technical Sentiment Signal: Buy

Current Market Cap: $202.5M

Learn more about HFFG stock on TipRanks’ Stock Analysis page.