David Van Ludwig Sells 10,000 Shares of Heritage Global Inc. (NASDAQ:HGBL) Stock

Heritage Global Inc. (NASDAQ:HGBL) insider David Van Ludwig sold 10,000 shares of Heritage Global stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $2.07, for a total value of $20,700.00. Following the transaction, the insider now owns 907,479 shares of the company’s stock, valued at $1,878,481.53. The trade was a 1.09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

David Van Ludwig also recently made the following trade(s):

• On Wednesday, February 26th, David Van Ludwig sold 10,000 shares of Heritage Global stock. The shares were sold at an average price of $2.02, for a total value of $20,200.00.
• On Wednesday, February 12th, David Van Ludwig sold 10,000 shares of Heritage Global stock. The shares were sold at an average price of $2.24, for a total value of $22,400.00.
• On Wednesday, January 29th, David Van Ludwig sold 10,000 shares of Heritage Global stock. The shares were sold at an average price of $2.13, for a total value of $21,300.00.
• On Wednesday, January 15th, David Van Ludwig sold 10,000 shares of Heritage Global stock. The shares were sold at an average price of $2.07, for a total value of $20,700.00.
• On Wednesday, January 8th, David Van Ludwig sold 10,000 shares of Heritage Global stock. The shares were sold at an average price of $1.99, for a total value of $19,900.00.
• On Wednesday, December 18th, David Van Ludwig sold 10,000 shares of Heritage Global stock. The stock was sold at an average price of $1.75, for a total value of $17,500.00.

Heritage Global Trading Down 0.5 %

Heritage Global stock opened at $2.10 on Friday. The firm has a market cap of $78.42 million, a price-to-earnings ratio of 7.50 and a beta of 1.22. The stock has a fifty day simple moving average of $2.08 and a two-hundred day simple moving average of $1.83. Heritage Global Inc. has a 12 month low of $1.52 and a 12 month high of $3.09.

Institutional Trading of Heritage Global

Institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC bought a new stake in shares of Heritage Global in the 3rd quarter worth $25,000. NewEdge Advisors LLC bought a new stake in shares of Heritage Global in the 4th quarter worth $28,000. Two Sigma Securities LLC bought a new stake in shares of Heritage Global in the 4th quarter worth $28,000. Janus Henderson Group PLC increased its holdings in shares of Heritage Global by 53.2% in the 3rd quarter. Janus Henderson Group PLC now owns 28,982 shares of the company’s stock worth $49,000 after purchasing an additional 10,068 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Heritage Global by 2.4% in the 3rd quarter. Geode Capital Management LLC now owns 335,402 shares of the company’s stock worth $570,000 after purchasing an additional 7,842 shares in the last quarter. Institutional investors own 33.46% of the company’s stock.

About Heritage Global

Heritage Global Inc, together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company operates in three segments: Auction and Liquidation, Refurbishment & Resale, and Brokerage. It provides a suite of market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services.