Insider Buying: Heritage Global CFO Buys 15,000 Shares of Stock (HGBL)
Heritage Global (NASDAQ:HGBL) CFO Scott Allen West bought 15,000 shares of Heritage Global stock on the open market in a transaction that occurred on Friday, August 22nd. The shares were purchased at an average price of $0.31 per share, for a total transaction of $4,650.00. Following the purchase, the chief financial officer now directly owns 70,000 shares in the company, valued at approximately $21,700. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Heritage Global (NASDAQ:HGBL) traded down 1.04% on Monday, hitting $0.38. The stock had a trading volume of 6,988 shares. Heritage Global has a one year low of $0.01 and a one year high of $0.80. The stock has a 50-day moving average of $0.42 and a 200-day moving average of $0.52. The company’s market cap is $10.7 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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