Heritage Commerce Corp’s filing revealed that its President and CEO Jones Robertson Clay JR unloaded Company’s shares for reported $50063.0 on Mar 10 ’25. In the deal valued at $9.73 per share,5,145 shares were sold. As a result of this transaction, Jones Robertson Clay JR now holds 254,227 shares worth roughly $2.45 million.
Then, Just Susan Svensson sold 1,602 shares, generating $15,588 in total proceeds. Upon selling the shares at $9.73, the EVP/Chief Credit Officer now owns 10,774 shares.
Before that, Conner Jack W sold 4,000 shares. Heritage Commerce Corp shares valued at $42,080 were divested by the Director at a price of $10.52 per share. As a result of the transaction, Conner Jack W now holds 108,512 shares, worth roughly $1.05 million.
Stephens upgraded its Heritage Commerce Corp [HTBK] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Stephens’s analysts, who decreased its forecast for the stock in mid August from “an Overweight” to “an Equal-weight”. Raymond James also remained covering HTBK and has decreased its forecast on October 31, 2022 with a “an Outperform” recommendation from previously “Strong buy” rating. Stephens started covering the stock on December 28, 2021. It rated HTBK as “an Overweight”.
Price Performance Review of HTBK
On Tuesday, Heritage Commerce Corp [NASDAQ:HTBK] saw its stock jump 1.15% to $9.65. Over the last five days, the stock has gained 3.76%. Heritage Commerce Corp shares have risen nearly 2.88% since the year began. Nevertheless, the stocks have risen 20.47% over the past one year.
How much short interest is there in Heritage Commerce Corp?
A steep rise in short interest was recorded in Heritage Commerce Corp stocks on 2025-05-15, dropping by -0.15 million shares to a total of 1.03 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 1.18 million shares. There was a decline of -14.12%, which implies that there is a negative sentiment for the stock.
