Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Heritage Insurance Holdings Inc shares valued at $63,850 were purchased by Garateix Ernie J on Mar 14 ’25. At $12.77 per share, Garateix Ernie J acquired 5,000 shares. The insider’s holdings grew to 1,270,808 shares worth approximately $24.23 million following the completion of this transaction.
Also, Lusk Kirk purchased 6,000 shares, netting a total of over 83,100 in proceeds. Following the buying of shares at $13.85 each, the insider now holds 618,756 shares.
Before that, WHITING PAUL L had added 10,000 shares to its account. In a trade valued at $133,500, the Director bought Heritage Insurance Holdings Inc shares for $13.35 each. Upon closing the transaction, the insider’s holdings increased to 10,000 shares, worth approximately $1.52 million.
As published in a research note from Piper Sandler on August 09, 2024, Heritage Insurance Holdings Inc [HRTG] has been rated up from a Neutral to an Overweight and the price target has been revised to $13 from $9. Analysts at JMP Securities downgraded the stock from ‘”a Mkt outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid March. As of February 13, 2023, Piper Sandler has decreased its “an Overweight” rating to a “Neutral” for HRTG. Earlier on April 06, 2020, Piper Sandler upgraded its rating. Their new recommendation was “an Overweight” for HRTG stock which previously was a “a Neutral”.
Analyzing HRTG Stock Performance
During the last five days, there has been a surge of approximately 10.23%. Over the course of the year, Heritage Insurance Holdings Inc shares have jumped approximately 57.60%. Shares of the company reached a 52-week high of $19.93 on 04/23/25 and a 52-week low of $9.89 on 03/12/25. A 50-day SMA is recorded $13.82, while a 200-day SMA reached $12.21.
Support And Resistance Levels for Heritage Insurance Holdings Inc (HRTG)
According to the 24-hour chart, there is a support level at 18.60, which, if violated, would cause prices to drop to 18.14. In the upper region, resistance lies at 19.73. The next price resistance is at 20.40. RSI (Relative Strength Index) is 76.15 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.25, which suggests the price will increase in the coming days. Percent R is at 12.92%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
