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Heritage Insurance Holdings Inc (HRTG) rating upgrades by Piper Sandler

Heritage Insurance Holdings Inc’s recently made public that its Chief Executive Officer Garateix Ernie J acquired Company’s shares for reported $63850.0 on Mar 14 ’25. In the deal valued at $12.77 per share,5,000 shares were bought. As a result of this transaction, Garateix Ernie J now holds 1,270,808 shares worth roughly $32.01 million.

Then, Lusk Kirk bought 6,000 shares, generating $83,100 in total proceeds. Upon buying the shares at $13.85, the Chief Financial Officer now owns 618,756 shares.

Before that, WHITING PAUL L bought 10,000 shares. Heritage Insurance Holdings Inc shares valued at $133,500 were divested by the Director at a price of $13.35 per share. As a result of the transaction, WHITING PAUL L now holds 79,576 shares, worth roughly $2.0 million.

Piper Sandler upgraded its Heritage Insurance Holdings Inc [HRTG] rating to an Overweight from a a Neutral in a research note published on August 09, 2024; the price target was increased to $13 from $9. A number of analysts have revised their coverage, including JMP Securities’s analysts, who decreased its forecast for the stock in mid March from “a Mkt outperform” to “a Mkt perform”. Piper Sandler also remained covering HRTG and has decreased its forecast on February 13, 2023 with a “Neutral” recommendation from previously “an Overweight” rating. Piper Sandler revised its rating on April 06, 2020. It rated HRTG as “an Overweight” which previously was an “a Neutral”.

Price Performance Review of HRTG

On Monday, Heritage Insurance Holdings Inc [NYSE:HRTG] saw its stock fall -3.19% to $25.19. Over the last five days, the stock has gained 25.95%. Heritage Insurance Holdings Inc shares have risen nearly 108.18% since the year began. Nevertheless, the stocks have risen 203.13% over the past one year. While a 52-week high of $26.35 was reached on 05/12/25, a 52-week low of $6.14 was recorded on 03/12/25. SMA at 50 days reached $16.23, while 200 days put it at $13.11.

Levels Of Support And Resistance For HRTG Stock

The 24-hour chart illustrates a support level at 24.00, which if violated will result in even more drops to 22.81. On the upside, there is a resistance level at 26.51. A further resistance level may holdings at 27.83. The Relative Strength Index (RSI) on the 14-day chart is 81.24, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.68, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.53%. Stochastics %K at 91.81% indicates the stock is a selling.

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