Insider Tracker SEC Form 4 insider trades
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HGBL

Heritage Global Inc.

AI summary Insiders buy open-market shares following Q2 earnings release and recent business streamlining.

51
Insider Score Band below 60
Research score
42
AI adjustment
+9

Research score, not a recommendation.

Total bought$99.3K3 Form 4 purchases
Distinct insiders3open-market buyers
Lead insiderDove Nicholas KirkPresident
Cluster window2026-08-17 → 2026-08-20active

Market data

Live quote and chart from Yahoo Finance, loaded through this server. Insider purchases are marked on the chart.

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Why this score

Research score: a weighted blend of the five factors, times the routine and offering discounts, minus the selling penalty.

Breadth number & diversity of participating insiders
37%
Seniority executive rank of buyers (CEO/CFO/Director)
90%
Commitment purchase size relative to company & holdings
81%
Context buying into stock weakness signals conviction
91%
Timing coordinated purchases within a tight window
100%
Routine-purchase discount × 1.00
Company-type / offering discount × 1.00
Net insider selling penalty − 0

Why are they buying?

AI · discretionary · catalyst credible · documented

The open-market purchases by top executives—including the President and CFO—occurred shortly after the company reported second-quarter 2026 financial results and discussed its strategic wind-down of Heritage Global Capital and bolt-on acquisition of Boston Note Company.

Maxim Group reiterated a Buy rating with a $3.50 price target on August 14, 2026, following the earnings release, pointing to bullish sentiment around the stock trading near $1.10.

Stock Price & Insider Purchase History

Daily close price with open-market insider purchases plotted over time

Loading price history…

Transactions

3 Form 4 trades · 3 insiders Sign in to download CSV
Purchases in this cluster, grouped by insider, largest first
Date Insider Role Shares Price Value Filing
2026-08-17 Dove Nicholas Kirk 6 purchases with a 63-day result · median -2.2% President 60,000 $1.10 $65.9K SEC filing for Dove Nicholas Kirk (opens in a new tab)
2026-08-20 COBB BRIAN J. history of COBB BRIAN J.'s purchases CFO 20,000 $1.10 $22.0K SEC filing for COBB BRIAN J. (opens in a new tab)
2026-08-17 Hounsell Bruce Kenneth history of Hounsell Bruce Kenneth's purchases President 10,000 $1.14 $11.4K SEC filing for Hounsell Bruce Kenneth (opens in a new tab)
Total $99.3K

Other buying runs at HGBL

A run ends after a pause in the buying, so one company can have several. Returns are the stock's return minus its benchmark's (IWM for small companies, SPY otherwise), from the first open after the run became a cluster. Past results, not a forecast.

After this run became a cluster: 21 days +22.9%63 days –126 days –

Other insider buying runs at this company, newest first, with the return against the benchmark that followed
Window Insiders Total Score 21 days63 days126 days Status
2023-08-14 → 2023-09-13 5 $141.3K 55 -1.4%-5.4%-19.4% closed
2022-05-16 → 2022-05-27 4 $76.8K 59 +24.1%+29.8%+82.3% closed
2021-11-12 → 2021-12-30 6 $346.6K 63 -12.6%-3.1%-11.9% closed
2021-08-25 3 $138.0K 58 -5.6%-20.0%-13.9% closed
2020-10-02 → 2020-10-06 3 $3.3M 66 -15.5%+1.8%+7.9% closed
2020-05-22 3 $599.9K 53 ––– closed
2019-09-17 → 2019-09-27 3 $31.5K 38 ––– closed
2019-05-08 → 2019-06-13 3 $81.5K 40 ––– closed
2016-12-01 → 2016-12-30 4 $1.5M 54 ––– closed