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

Heritage Global Inc. (NASDAQ:HGBL) insider David Van Ludwig sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $1.76, for a total transaction of $17,600.00. Following the completion of the transaction, the insider now owns 997,479 shares of the company’s stock, valued at $1,755,563.04. This trade represents a 0.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Thursday, November 21st, David Van Ludwig sold 10,000 shares of Heritage Global stock. The shares were sold at an average price of $1.63, for a total transaction of $16,300.00.
• On Tuesday, November 19th, David Van Ludwig sold 10,000 shares of Heritage Global stock. The shares were sold at an average price of $1.61, for a total transaction of $16,100.00.

Heritage Global Stock Down 1.7 %

Heritage Global stock opened at $1.72 on Friday. The company has a 50 day moving average of $1.67 and a 200-day moving average of $1.98. The stock has a market capitalization of $64.22 million, a PE ratio of 6.14 and a beta of 1.18. Heritage Global Inc. has a twelve month low of $1.52 and a twelve month high of $3.09.

Institutional Trading of Heritage Global

A number of institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC lifted its position in shares of Heritage Global by 2.4% in the third 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. Jane Street Group LLC bought a new stake in shares of Heritage Global in the third quarter worth $25,000. Janus Henderson Group PLC lifted its position in shares of Heritage Global by 53.2% in the third 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. Koshinski Asset Management Inc. bought a new stake in shares of Heritage Global in the third quarter worth $1,801,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of Heritage Global by 11.8% in the second quarter. Dimensional Fund Advisors LP now owns 449,864 shares of the company’s stock worth $1,107,000 after purchasing an additional 47,375 shares in the last quarter. Institutional investors own 33.46% of the company’s stock.

Heritage Global Company Profile

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.