Where Food Comes From, Inc. (NASDAQ:WFCF) CFO Buys $12,512.50 in Stock

Where Food Comes From, Inc. (NASDAQ:WFCF) CFO Dannette Henning bought 1,750 shares of the company’s stock in a transaction that occurred on Tuesday, May 13th. The stock was acquired at an average cost of $7.15 per share, for a total transaction of $12,512.50. Following the acquisition, the chief financial officer now directly owns 51,875 shares of the company’s stock, valued at $370,906.25. The trade was a 3.49% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Where Food Comes From Price Performance

Shares of NASDAQ WFCF opened at $10.00 on Monday. Where Food Comes From, Inc. has a 1 year low of $9.26 and a 1 year high of $13.50. The company has a market capitalization of $52.33 million, a price-to-earnings ratio of 25.64 and a beta of 0.57. The business has a 50-day moving average of $11.13 and a two-hundred day moving average of $11.81.

Where Food Comes From (NASDAQ:WFCF) last posted its earnings results on Thursday, May 8th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $5.27 million during the quarter. Where Food Comes From had a return on equity of 19.31% and a net margin of 8.23%.

Institutional Trading of Where Food Comes From

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Northern Trust Corp acquired a new position in shares of Where Food Comes From in the 4th quarter valued at $197,000. DGS Capital Management LLC purchased a new stake in Where Food Comes From in the fourth quarter valued at $147,000. Bard Associates Inc. lifted its position in Where Food Comes From by 10.5% in the fourth quarter. Bard Associates Inc. now owns 66,552 shares of the company’s stock valued at $881,000 after acquiring an additional 6,331 shares during the last quarter. Finally, Aristides Capital LLC boosted its stake in Where Food Comes From by 12.1% in the fourth quarter. Aristides Capital LLC now owns 31,251 shares of the company’s stock valued at $414,000 after acquiring an additional 3,370 shares in the last quarter. Institutional investors and hedge funds own 18.84% of the company’s stock.

Where Food Comes From Company Profile

Where Food Comes From, Inc, together with its subsidiaries, operates as a third-party food verification company in North America. The company operates through Verification and Certification, and Professional Services segments. It conducts on-site and desk audits to verify that claims being made about livestock, food, other specialty crops, and agricultural and aquaculture products are accurate, as well as offers Where Food Comes From Source Verified retail and restaurant labeling program, which connects consumers directly to the source of the food they purchase through product labeling, and web-based information sharing and education.