Insider Buying: Heritage Global CFO Acquires 15,000 Shares of Stock (HGBL)
Heritage Global (NASDAQ:HGBL) CFO Scott Allen West acquired 15,000 shares of the stock on the open market in a transaction dated Wednesday, June 11th. The stock was purchased at an average price of $0.29 per share, with a total value of $4,350.00. Following the purchase, the chief financial officer now directly owns 55,000 shares of the company’s stock, valued at approximately $15,950. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
Heritage Global (NASDAQ:HGBL) remained flat at $0.2998 during during mid-day trading trading on Thursday. 30 shares of the company’s stock traded hands. Heritage Global has a 52 week low of $0.01 and a 52 week high of $0.80. The stock’s 50-day moving average is $0.45 and its 200-day moving average is $0.61. The company’s market cap is $8.4 million.
Heritage Global Inc, formerly Counsel RB Capital Inc, owns certain patents, including two foundational patents in voice over Internet protocol (NASDAQ:HGBL) technology the United States Patent Nos.
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