Heritage Global Inc. (NASDAQ:HGBL - Get Free Report) insider David Van Ludwig sold 10,000 shares of the firm's stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $1.76, for a total value of $17,600.00. Following the completion of the transaction, the insider now owns 997,479 shares in the company, valued at $1,755,563.04. This represents a 0.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
David Van Ludwig also recently made the following trade(s):
- On Thursday, November 21st, David Van Ludwig sold 10,000 shares of Heritage Global stock. The stock was sold at an average price of $1.63, for a total value of $16,300.00.
- On Tuesday, November 19th, David Van Ludwig sold 10,000 shares of Heritage Global stock. The stock was sold at an average price of $1.61, for a total value of $16,100.00.
Heritage Global Stock Performance
HGBL stock traded down $0.03 during midday trading on Friday, hitting $1.72. 26,856 shares of the company's stock were exchanged, compared to its average volume of 66,486. The stock's fifty day moving average price is $1.67 and its 200-day moving average price is $1.98. The company has a market cap of $64.22 million, a PE ratio of 6.14 and a beta of 1.18. Heritage Global Inc. has a one year low of $1.52 and a one year high of $3.09.
Institutional Trading of Heritage Global
A number of institutional investors have recently modified their holdings of HGBL. Geode Capital Management LLC increased its position in shares of Heritage Global by 2.4% in the third quarter. Geode Capital Management LLC now owns 335,402 shares of the company's stock valued at $570,000 after acquiring an additional 7,842 shares during the last quarter. Janus Henderson Group PLC increased its position in shares of Heritage Global by 53.2% in the third quarter. Janus Henderson Group PLC now owns 28,982 shares of the company's stock valued at $49,000 after acquiring an additional 10,068 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Heritage Global in the third quarter valued at about $25,000. Dimensional Fund Advisors LP increased its position in shares of Heritage Global by 11.8% in the second quarter. Dimensional Fund Advisors LP now owns 449,864 shares of the company's stock valued at $1,107,000 after acquiring an additional 47,375 shares during the last quarter. Finally, Koshinski Asset Management Inc. acquired a new position in Heritage Global during the third quarter worth approximately $1,801,000. 33.46% of the stock is currently owned by institutional investors.
Heritage Global Company Profile
(
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Heritage Global Inc, together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company operates in three segments: Auction and Liquidation, Refurbishment & Resale, and Brokerage. It provides a suite of market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services.
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