In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Hopfed Bancorp Inc. (NASDAQ:HFBC) reported that Stilwell Joseph has picked up 637,128 of common stock as of 2017-01-27.

The acquisition brings the aggregate amount owned by Stilwell Joseph to a total of 637,128 representing a 9.5% stake in the company.

For those not familiar with the company, HopFed Bancorp, Inc. is a savings and loan holding company that operates through its subsidiary, Heritage Bank USA, Inc. (the Bank). The Bank is a Kentucky state chartered commercial bank based in Hopkinsville, Kentucky, with branch offices in Kentucky and Tennessee. The business of the Bank primarily consists of attracting deposits from the general public and investing such deposits in loans secured by single family residential real estate and investment securities, including United States Government and agency securities, municipal and corporate bonds, collateralized mortgages obligations (CMOs), and mortgage-backed securities. The Bank also originates single-family residential/construction loans, and multi-family and commercial real estate loans, as well as loans secured by deposits, other consumer loans and commercial loans.

A glance at Hopfed Bancorp Inc. (NASDAQ:HFBC)’s key stats reveals a current market capitalization of 96.21 million based on 6.72 million shares outstanding and a price at last close of $14.09 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-12-01, Perkins picked up 1,000 at a purchase price of $13.12. This brings their total holding to 1,100 as of the date of the filing.

On the sell side, the most recent transaction saw Duvall unload 1,500 shares at a sale price of $12.11. This brings their total holding to 31,593.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Hopfed Bancorp Inc. (NASDAQ:HFBC) as things move forward to see if its progress aligns with these transactions.

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