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Heritage Global (NASDAQ:HGBL) CFO Scott Allen West acquired 15,000 shares of the stock on the open market in a transaction dated Friday, August 22nd. The stock was purchased at an average cost of $0.31 per share, with a total value of $4,650.00. Following the completion of the transaction, the chief financial officer now directly owns 70,000 shares of the company’s stock, valued at approximately $21,700. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Heritage Global (NASDAQ:HGBL) remained flat at $0.384 during trading on Wednesday. Heritage Global has a 52-week low of $0.01 and a 52-week 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 $10.8 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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