As of close of business last night, Heritage Commerce Corp’s stock clocked out at $9.78, up 2.09% from its previous closing price of $9.58. In other words, the price has increased by $2.09 from its previous closing price. On the day, 0.6 million shares were traded. HTBK stock price reached its highest trading level at $9.855 during the session, while it also had its lowest trading level at $9.61.
On August 11, 2023, Stephens Downgraded its rating to Equal-Weight which previously was Overweight but kept the price unchanged to $10.
Raymond James Downgraded its Strong Buy to Outperform on October 31, 2022, whereas the target price for the stock was revised from $13 to $15.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 10 ’25 when Jones Robertson Clay JR sold 5,145 shares for $9.73 per share. The transaction valued at 50,063 led to the insider holds 254,227 shares of the business.
Just Susan Svensson sold 1,602 shares of HTBK for $15,588 on Mar 10 ’25. The EVP/Chief Credit Officer now owns 10,774 shares after completing the transaction at $9.73 per share. On Feb 27 ’25, another insider, Conner Jack W, who serves as the Director of the company, sold 4,000 shares for $10.52 each. As a result, the insider received 42,080 and left with 108,512 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HTBK now has a Market Capitalization of 600949696 and an Enterprise Value of 585317312. As of this moment, Heritage’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.40, and their Forward P/E ratio for the next fiscal year is 11.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 3.25.
Stock Price History:
The Beta on a monthly basis for HTBK is 0.82, which has changed by -0.06857145 over the last 52 weeks, in comparison to a change of 0.17535925 over the same period for the S&P500. Over the past 52 weeks, HTBK has reached a high of $11.27, while it has fallen to a 52-week low of $8.09. The 50-Day Moving Average of the stock is 0.48%, while the 200-Day Moving Average is calculated to be 0.40%.
Shares Statistics:
It appears that HTBK traded 411.26K shares on average per day over the past three months and 540840 shares per day over the past ten days. A total of 61.45M shares are outstanding, with a floating share count of 59.06M. Insiders hold about 4.11% of the company’s shares, while institutions hold 76.59% stake in the company. Shares short for HTBK as of 1752537600 were 819218 with a Short Ratio of 1.99, compared to 1749772800 on 1283746. Therefore, it implies a Short% of Shares Outstanding of 819218 and a Short% of Float of 1.37.
Dividends & Splits
With its trailing 12-month dividend rate of 0.52, HTBK has a forward annual dividend rate of 0.52. Against a Trailing Annual Dividend Yield of 0.05427975The stock’s 5-year Average Dividend Yield is 5.34. The current Payout Ratio is 78.94% for HTBK, which recently paid a dividend on 2025-05-08 with an ex-dividend date of 2025-08-07. Stock splits for the company last occurred on 2000-02-03 when the company split stock in a 11:10 ratio.
