Heritage Global (NASDAQ:HGBL) Stock Price Up 1.6% – Time to Buy?

Posted by Brenda Bartman on Jul 11th, 2026

Heritage Global Inc. (NASDAQ:HGBL – Get Free Report)’s share price traded up 1.6% during trading on Thursday . The stock traded as high as $1.26 and last traded at $1.24. 70,169 shares were traded during mid-day trading, a decline of 20% from the average session volume of 87,849 shares. The stock had previously closed at $1.22.

Analyst Upgrades and Downgrades

HGBL has been the subject of a number of recent analyst reports. Weiss Ratings downgraded Heritage Global from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, June 24th. Lake Street Capital started coverage on shares of Heritage Global in a research report on Friday, March 13th. They issued a “buy” rating and a $4.50 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $4.50.

Read Our Latest Report on Heritage Global

Heritage Global Trading Up 0.8%

The company has a quick ratio of 1.51, a current ratio of 1.95 and a debt-to-equity ratio of 0.06. The business has a 50-day simple moving average of $1.25 and a 200-day simple moving average of $1.30. The company has a market cap of $43.42 million, a PE ratio of 12.50 and a beta of 0.43.

Heritage Global (NASDAQ:HGBL – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). Heritage Global had a return on equity of 4.86% and a net margin of 6.45%.The firm had revenue of $12.73 million for the quarter, compared to analysts’ expectations of $13.49 million.

Insider Buying and Selling

In other news, insider Nicholas Kirk Dove bought 26,000 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was bought at an average cost of $1.22 per share, for a total transaction of $31,720.00. Following the acquisition, the insider directly owned 126,000 shares of the company’s stock, valued at $153,720. The trade was a 26.00% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. 14.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Punch & Associates Investment Management Inc. increased its stake in Heritage Global by 0.9% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 2,475,228 shares of the company’s stock worth $4,109,000 after buying an additional 21,175 shares during the period. Mink Brook Asset Management LLC boosted its position in Heritage Global by 7.8% in the 4th quarter. Mink Brook Asset Management LLC now owns 2,028,844 shares of the company’s stock valued at $2,516,000 after buying an additional 146,622 shares during the period. Militia Capital Management LLC purchased a new position in Heritage Global in the 1st quarter valued at approximately $767,000. Rothschild Wealth LLC acquired a new position in shares of Heritage Global in the fourth quarter worth $447,000. Finally, Evernest Financial Advisors LLC acquired a new position in shares of Heritage Global in the first quarter worth $274,000. Hedge funds and other institutional investors own 33.46% of the company’s stock.

Heritage Global Company Profile

(Get Free Report)

Heritage Global Inc operates as a global advisory and disposition firm specializing in the valuation, sale and auction of surplus and idle assets. Through its subsidiaries, Heritage Global Partners and Heritage Global Digital, the company delivers comprehensive end-to-end solutions, including asset appraisals, advisory services and multi-channel auction platforms. Its service offerings encompass industrial machinery and equipment, real estate, storage lockers and specialty assets, all designed to maximize recovery values for clients.

The company leverages both online and live in-person events to facilitate timely and transparent sales across diverse asset classes.