Heritage Global (NASDAQ:HGBL) Insider Acquires $11,400.00 in Stock

Posted by Brian Himes on Aug 20th, 2026

Heritage Global Inc. (NASDAQ:HGBL – Get Free Report) insider Bruce Kenneth Hounsell acquired 10,000 shares of the company’s stock in a transaction on Monday, August 17th. The stock was purchased at an average cost of $1.14 per share, for a total transaction of $11,400.00. Following the completion of the transaction, the insider owned 10,000 shares in the company, valued at approximately $11,400. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Heritage Global Price Performance

Heritage Global stock opened at $1.10 on Thursday. The stock has a market cap of $38.10 million, a P/E ratio of -2.68 and a beta of 0.45. The company has a fifty day simple moving average of $1.19 and a 200-day simple moving average of $1.27. Heritage Global Inc. has a 12-month low of $1.01 and a 12-month high of $1.98. The company has a current ratio of 1.69, a quick ratio of 1.29 and a debt-to-equity ratio of 0.08.

Heritage Global (NASDAQ:HGBL – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported ($0.46) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.50). Heritage Global had a negative net margin of 29.63% and a positive return on equity of 6.12%. The business had revenue of $12.27 million during the quarter, compared to analysts’ expectations of $13.29 million.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on HGBL. Lake Street Capital dropped their price objective on Heritage Global from $4.50 to $3.00 and set a “buy” rating on the stock in a report on Friday, August 14th. Weiss Ratings upgraded Heritage Global from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $3.00.

View Our Latest Research Report on Heritage Global

Institutional Investors Weigh In On Heritage Global

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Punch & Associates Investment Management Inc. acquired a new position in Heritage Global in the second quarter valued at $2,446,000. BlackRock Inc. acquired a new stake in shares of Heritage Global during the second quarter worth about $204,000. Militia Capital Management LLC purchased a new stake in shares of Heritage Global in the 1st quarter valued at about $767,000. Evernest Financial Advisors LLC purchased a new stake in shares of Heritage Global in the 1st quarter valued at about $274,000. Finally, XTX Topco Ltd acquired a new stake in shares of Heritage Global in the 4th quarter valued at about $31,000. 33.46% of the stock is currently owned by institutional investors and hedge funds.

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.