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 Wednesday, December 18th. The stock was sold at an average price of $1.75, for a total transaction of $17,500.00. Following the transaction, the insider now directly owns 987,479 shares in the company, valued at $1,728,088.25. The trade was a 1.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
David Van Ludwig also recently made the following trade(s):
- On Thursday, December 5th, David Van Ludwig sold 10,000 shares of Heritage Global stock. The stock was sold at an average price of $1.76, for a total value of $17,600.00.
- 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 transaction of $16,300.00.
- On Tuesday, November 19th, David Van Ludwig sold 10,000 shares of Heritage Global stock. The shares were sold at an average price of $1.61, for a total transaction of $16,100.00.
Heritage Global Stock Up 0.6 %
NASDAQ HGBL traded up $0.01 during trading hours on Friday, hitting $1.75. 143,553 shares of the stock were exchanged, compared to its average volume of 74,202. The company has a market cap of $65.35 million, a price-to-earnings ratio of 6.25 and a beta of 1.18. Heritage Global Inc. has a 12-month low of $1.52 and a 12-month high of $3.09. The stock has a 50-day moving average of $1.69 and a 200 day moving average of $1.94.
Hedge Funds Weigh In On Heritage Global
A number of large investors have recently modified their holdings of the business. Koshinski Asset Management Inc. purchased a new stake in shares of Heritage Global in the third quarter valued at approximately $1,801,000. Dimensional Fund Advisors LP lifted its holdings in 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 period. Jane Street Group LLC purchased a new stake in shares of Heritage Global during the 3rd quarter worth $25,000. Janus Henderson Group PLC boosted its position in shares of Heritage Global by 53.2% during the 3rd quarter. Janus Henderson Group PLC now owns 28,982 shares of the company's stock worth $49,000 after purchasing an additional 10,068 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Heritage Global by 2.4% during the 3rd quarter. Geode Capital Management LLC now owns 335,402 shares of the company's stock worth $570,000 after purchasing an additional 7,842 shares during the period. 33.46% of the stock is owned by hedge funds and other institutional investors.
Heritage Global Company Profile
(
Get Free Report)
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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