Hawkins (NASDAQ:HWKN) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

Key Points

• Hawkins stock passed above its 200-day moving average, trading as high as $170.06 and last at $165.05 versus the 200‑day MA of $146.05 — a bullish technical signal.
• Analysts have an average rating of Hold (one Buy, three Hold) with a consensus price target of $200.00, indicating potential upside from current levels.
• A company director bought 1,500 shares at $129.29 (boosting their position by 3.04%); insiders own 4.10% of the stock while institutions hold about 69.71%, showing both insider and institutional involvement.

Hawkins, Inc. (NASDAQ:HWKN - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $146.05 and traded as high as $170.06. Hawkins shares last traded at $165.05, with a volume of 130,595 shares changing hands.

Analyst Upgrades and Downgrades

HWKN has been the subject of several recent research reports. Weiss Ratings reissued a "hold (c+)" rating on shares of Hawkins in a report on Friday, April 10th. BWS Financial reaffirmed a "buy" rating and issued a $200.00 target price on shares of Hawkins in a research note on Monday, March 23rd. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $200.00.

Hawkins Stock Performance

The stock has a 50 day moving average price of $150.79 and a two-hundred day moving average price of $146.05. The company has a current ratio of 2.35, a quick ratio of 1.46 and a debt-to-equity ratio of 0.49. The company has a market cap of $3.45 billion, a price-to-earnings ratio of 41.78, a P/E/G ratio of 3.21 and a beta of 0.81.

Insider Buying and Selling

In related news, Director James A. Faulconbridge bought 1,500 shares of the business's stock in a transaction on Wednesday, February 4th. The shares were purchased at an average price of $129.29 per share, with a total value of $193,935.00. Following the completion of the purchase, the director owned 50,907 shares of the company's stock, valued at $6,581,766.03. This represents a 3.04% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 4.10% of the company's stock.

Institutional Trading of Hawkins

A number of institutional investors and hedge funds have recently modified their holdings of HWKN. Salomon & Ludwin LLC acquired a new stake in shares of Hawkins in the 3rd quarter valued at approximately $27,000. First Horizon Corp acquired a new position in Hawkins during the third quarter valued at approximately $34,000. Kestra Advisory Services LLC bought a new stake in Hawkins in the fourth quarter valued at approximately $29,000. MBM Wealth Consultants LLC bought a new stake in Hawkins in the first quarter valued at approximately $33,000. Finally, Sound Income Strategies LLC acquired a new stake in Hawkins in the fourth quarter worth $34,000. 69.71% of the stock is owned by institutional investors.

Hawkins Company Profile

Hawkins, Inc NASDAQ: HWKN is a specialty chemical company that produces and distributes water-treatment and industrial chemicals across North America. Founded in 1938 and headquartered in Roseville, Minnesota, the company has built a network of manufacturing facilities and distribution centers that serve municipal, industrial and commercial customers. As a publicly traded entity, Hawkins leverages its long-standing presence in the chemical distribution industry to provide tailored solutions for complex water-treatment challenges and specialty chemical needs.

Hawkins' product portfolio encompasses a wide range of chemicals, including sodium hypochlorite, sodium hydroxide, hydrogen peroxide, chlorine, acids and specialty blends.

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