Heartland Express (NASDAQ:HTLD) Director Sells $492,069.34 in Stock

Posted by Stanley Muller on Jun 20th, 2026

Heartland Express, Inc. (NASDAQ:HTLD – Get Free Report) Director David Paul Millis sold 31,402 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $15.67, for a total transaction of $492,069.34. Following the sale, the director directly owned 28,387 shares in the company, valued at $444,824.29. The trade was a 52.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Heartland Express Price Performance

Shares of NASDAQ:HTLD opened at $14.43 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.27 and a current ratio of 1.27. Heartland Express, Inc. has a 52 week low of $6.99 and a 52 week high of $16.64. The firm has a market cap of $1.12 billion, a PE ratio of -25.77 and a beta of 1.31. The firm’s fifty day moving average is $13.67 and its 200-day moving average is $11.41.

Heartland Express (NASDAQ:HTLD – Get Free Report) last announced its earnings results on Friday, April 24th. The transportation company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.07. The business had revenue of $153.81 million during the quarter, compared to analyst estimates of $177.30 million. Heartland Express had a negative return on equity of 3.70% and a negative net margin of 5.69%.Heartland Express’s revenue for the quarter was down 19.7% compared to the same quarter last year. During the same period last year, the company earned ($0.18) EPS. Sell-side analysts predict that Heartland Express, Inc. will post 0.04 earnings per share for the current year.

Heartland Express Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Tuesday, June 23rd will be paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 23rd. Heartland Express’s payout ratio is currently -14.29%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on HTLD shares. Weiss Ratings restated a “sell (d-)” rating on shares of Heartland Express in a report on Friday, March 27th. JPMorgan Chase & Co. increased their price objective on shares of Heartland Express from $9.00 to $10.00 and gave the stock an “underweight” rating in a research report on Friday, April 24th. Morgan Stanley set a $12.00 target price on shares of Heartland Express in a research note on Friday, May 8th. Wall Street Zen lowered shares of Heartland Express from a “buy” rating to a “hold” rating in a report on Sunday, May 24th. Finally, Barclays upped their price target on shares of Heartland Express from $10.00 to $12.00 and gave the company an “underweight” rating in a research report on Tuesday, April 28th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $12.20.

View Our Latest Research Report on HTLD

Institutional Investors Weigh In On Heartland Express

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP lifted its position in Heartland Express by 5.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,873,653 shares of the transportation company’s stock valued at $40,285,000 after acquiring an additional 201,151 shares in the last quarter. Gate City Capital Management LLC boosted its stake in Heartland Express by 8.3% during the 4th quarter. Gate City Capital Management LLC now owns 2,192,807 shares of the transportation company’s stock valued at $19,801,000 after purchasing an additional 167,962 shares during the last quarter. State Street Corp increased its holdings in Heartland Express by 1.8% during the 4th quarter. State Street Corp now owns 1,961,907 shares of the transportation company’s stock worth $17,755,000 after purchasing an additional 35,355 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its holdings in Heartland Express by 72.7% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 1,153,238 shares of the transportation company’s stock worth $9,664,000 after purchasing an additional 485,658 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Heartland Express by 18.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,090,216 shares of the transportation company’s stock worth $9,845,000 after purchasing an additional 166,236 shares during the last quarter. 53.45% of the stock is owned by institutional investors.

About Heartland Express

(Get Free Report)

Heartland Express, Inc (NASDAQ: HTLD) is a publicly traded truckload carrier headquartered in North Liberty, Iowa. The company specializes in full truckload transportation, offering dry-van services that connect shippers with customers across the continental United States. Its primary focus is on over-the-road freight movements, serving industries such as manufacturing, retail, and consumer goods.

Founded in 1978 as Heartland Motor Freight, the company has grown from a regional carrier into one of the larger U.S.