Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Heritage Global Inc shares valued at $13,790 were sold by Ludwig David Van on Mar 11 ’25. At $1.97 per share, Ludwig David Van sold 7,000 shares. The insider’s holdings dropped to 900,479 shares worth approximately $1.8 million following the completion of this transaction.
Also, Ludwig David Van sold 10,000 shares, netting a total of over 20,700 in proceeds. Following the sale of shares at $2.07 each, the insider now holds 907,479 shares.
Before that, Ludwig David Van had sold 10,000 shares from its account. In a trade valued at $20,500, the President of subsidiary traded Heritage Global Inc shares for $2.05 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $1.83 million.
As published in their initiating research note from Craig Hallum on May 30, 2023, Heritage Global Inc [HGBL] has been a Buy.
Analyzing HGBL Stock Performance
During the last five days, there has been a drop of approximately -0.99%. Over the course of the year, Heritage Global Inc shares have jumped approximately 8.11%. Shares of the company reached a 52-week high of $2.3900 on 03/19/25 and a 52-week low of $1.8300 on 01/02/25. A 50-day SMA is recorded $2.1500, while a 200-day SMA reached $1.9600.
Support And Resistance Levels for Heritage Global Inc (HGBL)
According to the 24-hour chart, there is a support level at 1.9700, which, if violated, would cause prices to drop to 1.9300. In the upper region, resistance lies at 2.0300. The next price resistance is at 2.0500. RSI (Relative Strength Index) is 40.31 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0900, which suggests the price will decrease in the coming days. Percent R is at 68.29%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
