Heritage Insurance (NYSE:HRTG) CEO Sells $171,550.00 in Stock

Posted by Brian Himes on Aug 19th, 2026

Heritage Insurance Holdings, Inc. (NYSE:HRTG – Get Free Report) CEO Ernie Garateix sold 5,000 shares of Heritage Insurance stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $34.31, for a total value of $171,550.00. Following the sale, the chief executive officer owned 1,055,955 shares in the company, valued at $36,229,816.05. This represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Heritage Insurance Stock Down 0.9%

Shares of HRTG stock traded down $0.31 during mid-day trading on Wednesday, reaching $33.38. 176,198 shares of the company were exchanged, compared to its average volume of 371,063. Heritage Insurance Holdings, Inc. has a fifty-two week low of $20.48 and a fifty-two week high of $36.50. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market capitalization of $992.39 million, a P/E ratio of 4.75 and a beta of 0.89. The business’s 50 day simple moving average is $27.72 and its 200 day simple moving average is $26.43.

Heritage Insurance (NYSE:HRTG – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.80. The firm had revenue of $214.19 million for the quarter, compared to analysts’ expectations of $212.71 million. Heritage Insurance had a net margin of 25.19% and a return on equity of 42.41%. Research analysts predict that Heritage Insurance Holdings, Inc. will post 5.5 earnings per share for the current year.

Wall Street Analysts Forecast Growth

HRTG has been the subject of several research analyst reports. Zacks Research raised Heritage Insurance from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 12th. Truist Financial increased their target price on Heritage Insurance from $36.00 to $42.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Piper Sandler lifted their target price on Heritage Insurance from $27.00 to $31.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. Wall Street Zen upgraded Heritage Insurance from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Heritage Insurance in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Heritage Insurance currently has an average rating of “Buy” and an average target price of $36.50.

View Our Latest Stock Report on HRTG

Institutional Investors Weigh In On Heritage Insurance

A number of institutional investors have recently modified their holdings of HRTG. BlackRock Inc. acquired a new stake in Heritage Insurance during the second quarter worth about $60,842,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Heritage Insurance in the second quarter valued at approximately $14,437,000. Vanguard Group Inc. boosted its stake in Heritage Insurance by 14.2% in the fourth quarter. Vanguard Group Inc. now owns 1,881,027 shares of the insurance provider’s stock valued at $55,039,000 after acquiring an additional 234,296 shares during the period. Bank of America Corp DE acquired a new position in Heritage Insurance in the second quarter valued at approximately $6,070,000. Finally, Quartz Partners LLC bought a new position in shares of Heritage Insurance during the second quarter valued at approximately $4,924,000. Institutional investors own 59.03% of the company’s stock.

Heritage Insurance Company Profile

(Get Free Report)

Heritage Insurance Holdings, Inc (NYSE: HRTG) is a property and casualty insurance holding company that offers homeowners insurance and related coverage products in the United States. Through its primary subsidiary, Heritage Property & Casualty Insurance Company, the firm underwrites standard and non-standard personal lines insurance, including homeowners, dwelling fire, flood, and condominium policies. Heritage leverages a network of independent insurance agents to distribute its products across select regional markets, with an emphasis on serving property owners in areas prone to severe weather events.

Founded in 2011 and headquartered in Jupiter, Florida, Heritage Insurance has grown to become one of the leading providers of residential property insurance in the state.