Andrew M. Varga Purchases 47,500 Shares of Heritage Distilling Holding Company, Inc. (NASDAQ:CASK) Stock

Heritage Distilling Holding Company, Inc. (NASDAQ:CASK) Director Andrew M. Varga acquired 47,500 shares of the business’s stock in a transaction that occurred on Friday, February 14th. The stock was acquired at an average price of $1.23 per share, for a total transaction of $58,425.00. Following the completion of the acquisition, the director now directly owns 52,500 shares of the company’s stock, valued at $64,575. This trade represents a 950.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.

Heritage Distilling Trading Down 1.6 %

Shares of CASK stock opened at $1.23 on Thursday. Heritage Distilling Holding Company, Inc. has a 52-week low of $0.94 and a 52-week high of $4.00. The firm has a 50 day simple moving average of $1.63.

Heritage Distilling (NASDAQ:CASK) last announced its quarterly earnings data on Friday, December 27th. The company reported ($8.02) earnings per share (EPS) for the quarter.

Hedge Funds Weigh In On Heritage Distilling

An institutional investor recently bought a new position in Heritage Distilling stock. Anson Funds Management LP purchased a new position in shares of Heritage Distilling Holding Company, Inc. (NASDAQ:CASK) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 515,371 shares of the company’s stock, valued at approximately $886,000. Anson Funds Management LP owned approximately 9.51% of Heritage Distilling as of its most recent SEC filing.

Heritage Distilling Company Profile

Heritage Distilling Holding Company Inc is a craft distiller of premium brands, including whiskeys, vodkas, gins, rums and ready-to-drink canned cocktails. Heritage Distilling Holding Company Inc is based in GIG HARBOR, Wash.