In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Heritage Insurance Holdings Inc (NYSE: HRTG) was $24.61 for the day, down -3.38% from the previous closing price of $25.47. In other words, the price has decreased by -$3.38 from its previous closing price. On the day, 0.78 million shares were traded.
Ratios:
Our analysis of HRTG’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.33.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on August 09, 2024, Upgraded its rating to Overweight and sets its target price to $13 from $9 previously.
Piper Sandler Downgraded its Overweight to Neutral on February 13, 2023, whereas the target price for the stock was revised from $4.30 to $2.20.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 21 ’25 when Walvekar Vijay sold 34,100 shares for $23.27 per share. The transaction valued at 793,514 led to the insider holds 203,682 shares of the business.
Walvekar Vijay sold 8,000 shares of HRTG for $186,162 on May 21 ’25. The Director now owns 69,901 shares after completing the transaction at $23.27 per share. On May 21 ’25, another insider, Vijay Walvekar, who serves as the Director of the company, bought 75,500 shares for $23.75 each.
Valuation Measures:
As of this moment, Heritage’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.72, and their Forward P/E ratio for the next fiscal year is 7.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 2.32.
Stock Price History:
Over the past 52 weeks, HRTG has reached a high of $26.64, while it has fallen to a 52-week low of $6.14. The 50-Day Moving Average of the stock is 24.55%, while the 200-Day Moving Average is calculated to be 72.38%.
Shares Statistics:
A total of 30.99M shares are outstanding, with a floating share count of 22.50M. Insiders hold about 27.41% of the company’s shares, while institutions hold 54.72% stake in the company.
