Ernie Garateix Sells 2,500 Shares of Heritage Insurance (NYSE:HRTG) Stock

Posted by Brian Himes on Sep 18th, 2026

Heritage Insurance Holdings, Inc. (NYSE:HRTG – Get Free Report) CEO Ernie Garateix sold 2,500 shares of the stock in a transaction on Monday, September 14th. The stock was sold at an average price of $35.25, for a total value of $88,125.00. Following the sale, the chief executive officer owned 1,035,955 shares in the company, valued at approximately $36,517,413.75. This represents a 0.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Heritage Insurance Price Performance

Shares of NYSE HRTG opened at $35.46 on Friday. The stock has a market cap of $1.05 billion, a PE ratio of 5.05 and a beta of 0.92. 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 stock has a fifty day moving average of $31.82 and a 200-day moving average of $27.74.

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

Analysts Set New Price Targets

HRTG has been the topic of a number of recent analyst reports. Piper Sandler increased their price target on shares of Heritage Insurance from $27.00 to $31.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Weiss Ratings raised shares of Heritage Insurance from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, September 8th. Zacks Research raised shares of Heritage Insurance from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 12th. Wall Street Zen upgraded shares of Heritage Insurance from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Finally, Truist Financial raised their price target on shares of Heritage Insurance from $36.00 to $42.00 and gave the company a “buy” rating in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Heritage Insurance presently has a consensus rating of “Buy” and an average target price of $36.50.

Read Our Latest Analysis on HRTG

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Engineers Gate Manager LP increased its position in shares of Heritage Insurance by 308.0% in the second quarter. Engineers Gate Manager LP now owns 38,182 shares of the insurance provider’s stock worth $996,000 after purchasing an additional 28,824 shares during the last quarter. Corient Private Wealth LP bought a new stake in Heritage Insurance during the second quarter valued at approximately $1,091,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Heritage Insurance during the second quarter valued at approximately $960,000. Hsbc Holdings PLC purchased a new position in Heritage Insurance in the 2nd quarter worth approximately $272,000. Finally, Empowered Funds LLC purchased a new position in Heritage Insurance in the 2nd quarter worth approximately $4,230,000. Hedge funds and other institutional investors own 59.03% of the company’s stock.

About Heritage Insurance

(Get Free Report)

Heritage Insurance Holdings, Inc is a property and casualty insurance company that provides residential property coverage through its insurance subsidiaries. Its products primarily include homeowners insurance and related coverage for personal and commercial residential properties, including protection against risks such as wind, fire and other property damage.

The company focuses on serving customers in catastrophe-exposed coastal markets, particularly in the Southeastern United States.