The Chairman & CEO of Heritage Insurance Holdings (HRTG) is Buying Shares


Today, the Chairman & CEO of Heritage Insurance Holdings (NYSE: HRTG), Bruce Lucas, bought shares of HRTG for $101.2K.

In addition to Bruce Lucas, 3 other HRTG executives reported Buy trades in the last month.

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Based on Heritage Insurance Holdings’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $118 million and quarterly net profit of $2.41 million. In comparison, last year the company earned revenue of $96.94 million and had a net profit of $6.64 million. HRTG’s market cap is $377.3M and the company has a P/E ratio of 162.98. Currently, Heritage Insurance Holdings has an average volume of 172.9K.

Starting in March 2018, HRTG received 7 Buy ratings in a row. Four different firms, including JMP Securities and KBW, currently also have a Buy rating on the stock.

The insider sentiment on Heritage Insurance Holdings has been positive according to 26 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Heritage Insurance Holdings, Inc. engages in the writing of personal and residential premium, property, and casualty insurance policies. It also provides personal residential insurance for single-family homeowners and condominium owners, rental property insurance, and commercial residential insurance.

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