Heritage Global Company Leadership

HGBL Stock  USD 2.23  0.08  3.46%   
About 85 percent of Heritage Global's insiders are selling. The analysis of insiders' sentiment of trading Heritage Global stock suggests that many insiders are terrified at this time. Heritage Global employs about 86 people. The company is managed by 8 executives with a total tenure of roughly 31 years, averaging almost 3.0 years of service per executive, having 10.75 employees per reported executive.
Ross Dove  CEO
CEO and Director
David Ludwig  President
President - National Loan Exchange Inc

Insider Sentiment 15

 Mostly Selling

 
Selling
 
Buying

Latest Trades

2025-03-11David Van LudwigDisposed 7000 @ 1.97View
2025-03-06David Van LudwigDisposed 10000 @ 2.07View
2025-02-26David Van LudwigDisposed 10000 @ 2.02View
2025-02-12David Van LudwigDisposed 10000 @ 2.24View
2025-01-29David Van LudwigDisposed 10000 @ 2.13View
2025-01-15David Van LudwigDisposed 10000 @ 2.07View
2025-01-08David Van LudwigDisposed 10000 @ 1.99View
2024-12-18David Van LudwigDisposed 10000 @ 1.75View
2024-12-05David Van LudwigDisposed 10000 @ 1.76View
2024-11-21David Van LudwigDisposed 10000 @ 1.63View
2024-11-19David Van LudwigDisposed 10000 @ 1.61View
2024-03-20Ross DoveAcquired 7297 @ 2.75View
2024-03-19Nicholas Kirk DoveAcquired 5000 @ 2.88View
Monitoring Heritage Global's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.

Heritage Global's Workforce Through the Years

Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with Heritage Global's future performance. Based on our forecasts, it is anticipated that Heritage will maintain a workforce of about 90 employees by April 2025.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Heritage Global Management Team Effectiveness

The company has return on total asset (ROA) of 0.0485 % which means that it generated a profit of $0.0485 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0821 %, meaning that it created $0.0821 on every $100 dollars invested by stockholders. Heritage Global's management efficiency ratios could be used to measure how well Heritage Global manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.08 this year. Return On Capital Employed is expected to rise to 0.18 this year. At this time, Heritage Global's Net Tangible Assets are quite stable compared to the past year. Return On Tangible Assets is expected to rise to 0.08 this year, although the value of Other Assets will most likely fall to 1.09.
Net Income Applicable To Common Shares is expected to rise to about 18.7 M this year, although the value of Common Stock Shares Outstanding will most likely fall to about 20.9 M.

Heritage Global Workforce Comparison

Heritage Global is rated below average in number of employees category among its peers. The total workforce of Financials industry is currently estimated at about 41,399. Heritage Global adds roughly 86.0 in number of employees claiming only tiny portion of equities under Financials industry.

Heritage Global Profit Margins

The company has Profit Margin (PM) of 0.11 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.13 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.13.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.920.872
Notably Up
Slightly volatile

Heritage Global Insider Trading History

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Heritage Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on Heritage Global's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Heritage Global insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2025-03-01
1.0
9
9
 293,051 
 87,000 
2024-03-01
5.0
10
2
 215,341 
 25,468 
2023-09-01
5.0
10
2
 50,407 
 5,000 
2023-06-01
0.0625
1
16
 15,000 
 585,150 
2023-03-01
0.6
12
20
 368,064 
 1,093,888 
2022-09-01
2.2857
16
7
 170,325 
 77,500 
2022-03-01
2.0
4
2
 57,907 
 23,959 
2021-09-01
0.6364
7
11
 469,917 
 563,630 
2021-06-01
0.1875
3
16
 376,250 
 552,588 
2021-03-01
0.625
15
24
 331,500 
 918,774 
2020-09-01
0.3333
1
3
 7,225 
 70,000 
2020-06-01
4.0
4
1
 593,000 
 0.00 
2018-03-01
4.5
9
2
 197,578 
 35,000 
2017-03-01
6.0
6
1
 60,000 
 10,000 
2016-12-01
15.0
15
1
 4,673,412 
 25,000 
2016-03-01
7.0
14
2
 370,000 
 20,000 
2015-06-01
6.0
6
1
 655,000 
 0.00 
2014-12-01
7.0
7
1
 959,000 
 0.00 
2014-06-01
8.0
8
1
 55,000 
 50,000 
2014-03-01
2.5
5
2
 50,000 
 37,441,487 
2013-06-01
2.0
8
4
 80,000 
 38,500 
2012-09-01
19.0
19
1
 824,913 
 10,000 
2012-03-01
0.375
3
8
 21,750 
 650,722 
2011-09-01
0.6
3
5
 30,000 
 33,725 
2011-06-01
0.5
1
2
 250,000 
 400,000 
2008-03-01
4.0
4
1
 40,000 
 0.00 
2006-12-01
0.5
1
2
 13,428,492 
 13,428,492 
2003-12-01
5.0
5
1
 13,729,492 
 0.00 

Heritage Global Notable Stakeholders

A Heritage Global stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Heritage Global often face trade-offs trying to please all of them. Heritage Global's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Heritage Global's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Ross DoveCEO and DirectorProfile
Nicholas DovePresident DivisionProfile
David LudwigPresident - National Loan Exchange IncProfile
Gina GriffinSenior PresidentProfile
James SklarExecutive VP, General Counsel and SecretaryProfile
Kirk ASAFounding AdvisorProfile
Raspina JannesarChief OfficerProfile
Brian CobbChief OfficerProfile

About Heritage Global Management Performance

The success or failure of an entity such as Heritage Global often depends on how effective the management is. Heritage Global management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Heritage management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Heritage management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.07  0.08 
Return On Capital Employed 0.14  0.18 
Return On Assets 0.06  0.07 
Return On Equity 0.08  0.08 

Heritage Global Workforce Analysis

Traditionally, organizations such as Heritage Global use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Heritage Global within its industry.

Heritage Global Manpower Efficiency

Return on Heritage Global Manpower

Revenue Per Employee527.5K
Revenue Per Executive5.7M
Net Income Per Employee60.3K
Net Income Per Executive647.8K
Working Capital Per Employee215.5K
Working Capital Per Executive2.3M
When determining whether Heritage Global is a strong investment it is important to analyze Heritage Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heritage Global's future performance. For an informed investment choice regarding Heritage Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Global. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Earnings Share
0.14
Revenue Per Share
1.245
Quarterly Revenue Growth
(0.30)
Return On Assets
0.0485
The market value of Heritage Global is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Global's value that differs from its market value or its book value, called intrinsic value, which is Heritage Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Global's market value can be influenced by many factors that don't directly affect Heritage Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.