The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Heartland Express, Inc shares valued at $203,036 were purchased by GERDIN MICHAEL J on Aug 18 ’25. At $8.19 per share, GERDIN MICHAEL J acquired 24,798 shares. The insider’s holdings grew to 1,491,868 shares worth approximately $12.53 million following the completion of this transaction.
Also, GERDIN MICHAEL J purchased 3,888 shares, netting a total of over 31,882 in proceeds. Following the buying of shares at $8.20 each, the insider now holds 1,467,070 shares.
Before that, GERDIN MICHAEL J had added 1,314 shares to its account. In a trade valued at $10,775, the Chief Executive Officer bought Heartland Express, Inc shares for $8.20 each. Upon closing the transaction, the insider’s holdings increased to 1,314 shares, worth approximately $12.29 million.
Analysts at UBS downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early July. As of July 09, 2024, JP Morgan has decreased its “Neutral” rating to a “an Underweight” for HTLD. Earlier on November 11, 2022, UBS upgraded its rating. Their new recommendation was “a Buy” for HTLD stock which previously was a “a Neutral”.
Analyzing HTLD Stock Performance
On last trading session, Heartland Express, Inc [NASDAQ: HTLD] plunged -2.55% to $8.4. The stock’s lowest price that day was $8.345, but it reached a high of $8.79 in the same session. During the last five days, there has been a drop of approximately -0.83%. Over the course of the year, Heartland Express, Inc shares have dropped approximately -30.64%.
Is Heartland Express, Inc subject to short interest?
Stocks of Heartland Express, Inc saw a sharp rise in short interest on 2025-08-29 jumping by 0.62 million shares to 2.53 million. Data from Yahoo Finance shows that the short interest on 2025-07-31 was 1.91 million shares. A jump of 24.57% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.59 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.59.
Which companies own the most shares of Heartland Express, Inc (HTLD)?
In terms of Heartland Express, Inc share price expectations, FactSet research, analysts set an average price target of 17 in the next 12 months, up nearly 97.22% from the previous closing price of $8.62. Analysts anticipate Heartland Express, Inc stock to reach 18 by 2025, with the lowest price target being 14. In spite of this, 4 analysts ranked Heartland Express, Inc stock as Hold at the end of 2025. On March 15, 2022, Morgan Stanley assigned a price target of “an Equal-weight” to the stock and upgraded coverage with a $16.
