Heritage insurance director Paul Whiting buys $376,950 in stock
Paul L. Whiting, a director at Heritage Insurance Holdings, Inc., recently purchased 16,000 shares of the company's common stock for a total of $376,950. These opportunistic purchases were made as the stock trades at $23.27, down year-to-date, and are considered undervalued by some analysts. Following these transactions, Mr. Whiting directly owns 103,126 shares and also has indirect ownership through family entities.
Director Paul Whiting (HRTG) adds 16,000 Heritage Insurance shares
Heritage Insurance Holdings director Paul L. Whiting purchased 16,000 shares of common stock on May 19, 2026, across two transactions at $24.45 and $23.50 per share. These open-market purchases increase his direct ownership to 103,126 shares. The filing also details his indirect holdings through controlled entities and clarifies his disclaimer of beneficial ownership for these indirect shares.
Heritage Insurance Holdings Insider Bought Shares Worth $376,950, According to a Recent SEC Filing
An insider at Heritage Insurance Holdings (HRTG) recently purchased shares worth $376,950, according to a filing with the SEC. The article also briefly mentions Unity Software's fourth-quarter financial results, reporting revenue of $609 million and a loss of 66 cents per share. This financial news highlights recent activity in the market for these companies.
Heritage Insurance Holdings (HRTG) price target decreased by 13.70% to 32.13
The article indicates that the price target for Heritage Insurance Holdings (HRTG) has been reduced by 13.70%, bringing it down to $32.13. This suggests a less optimistic outlook on the company's future stock performance from the analysts or sources responsible for the target adjustment.
Earnings Miss: Heritage Insurance Holdings, Inc. Missed EPS By 21% And Analysts Are Revising Their Forecasts
Heritage Insurance Holdings, Inc. (NYSE:HRTG) experienced a 21% share price drop after its Q1 statutory EPS of US$1.19 missed analyst forecasts by 21%, despite revenues aligning with estimates. Analysts have since downgraded revenue expectations for 2026 but upgraded EPS forecasts, while the consensus price target remains unchanged at US$35.00. The company's projected revenue growth is also expected to slow significantly compared to historical rates and industry peers.
Zacks Research Downgrades Heritage Insurance (NYSE:HRTG) to Strong Sell
Zacks Research has downgraded Heritage Insurance (NYSE:HRTG) from "strong-buy" to "strong sell" following the company's Q1 earnings miss, where it reported $1.19 EPS against estimates of $1.53 and revenue below expectations. Despite the stock trading up 3.6% at $22.99, a consensus "Hold" rating and recent insider selling suggest caution. The firm has a market cap of $697.72 million and a P/E ratio of 3.53, with institutional investors holding 59.03% of the stock.
Pacific Ridge Capital Partners LLC Sells 86,976 Shares of Heritage Insurance Holdings, Inc. $HRTG
Pacific Ridge Capital Partners LLC reduced its stake in Heritage Insurance Holdings, Inc. (NYSE:HRTG) by 19% in the fourth quarter, selling 86,976 shares. The investment firm now holds 371,953 shares valued at approximately $10.9 million, making Heritage Insurance its third-largest position. Despite missing recent earnings estimates, Heritage Insurance currently has a "Buy" consensus rating from analysts with an average target price of $36.00.
Earnings Miss: Heritage Insurance Holdings, Inc. Missed EPS By 21% And Analysts Are Revising Their Forecasts
Heritage Insurance Holdings (NYSE:HRTG) shares dropped 21% after missing Q1 EPS forecasts by 21%, reporting US$1.19 instead of anticipated figures. While revenues were in line with estimates at US$213m, analysts have downgraded revenue expectations for 2026 to US$856.1m but marginally upgraded EPS forecasts to US$4.49, suggesting an improved sentiment around earnings potential despite revenue slowdown. The consensus price target remains at US$35.00, indicating that improved earnings potential is expected to offset revenue declines.
Truist Financial Cuts Heritage Insurance (NYSE:HRTG) Price Target to $36.00
Truist Financial has lowered its price target for Heritage Insurance (NYSE:HRTG) to $36.00 from $39.00, while maintaining a "buy" rating, indicating a potential upside of 62.90%. This adjustment follows Heritage Insurance's first-quarter earnings report, where it missed analyst expectations for both EPS and revenue. Despite the Q1 miss, analysts project the company to achieve 4.7 EPS for the full year, and institutional investors continue to hold a significant stake in the company.
Heritage Insurance Q1 Earnings Call Highlights
Heritage Insurance (NYSE: HRTG) reported its most profitable first quarter in company history, driven by improved underwriting performance, prior rate actions, and disciplined expense management. The company posted a net income of $36.5 million, or $1.19 per diluted share, for Q1 2026, and is now focusing on prudent growth and diversification while maintaining strong margins. They also announced a new $50 million share repurchase plan, replacing the prior $25 million authorization.
Heritage Insurance Q1 Earnings Call Highlights
Heritage Insurance (HRTG) reported its most profitable first quarter ever as a public company, with net income rising to $36.5 million, or $1.19 per diluted share, driven by improved underwriting and disciplined expense management. The company's net loss ratio improved to 45.9%, and it plans controlled growth by re-entering new business markets and expanding into states like Texas, while maintaining underwriting discipline and focusing on rate adequacy. Heritage also announced a new $50 million share repurchase plan, replacing the prior authorization.
Heritage Insurance Holdings (HRTG) Combined Ratio At 73.1% Challenges Bearish Earnings Decline Narrative
Heritage Insurance Holdings (HRTG) reported strong Q4 FY2025 results with a 73.1% combined ratio and significant EPS growth, challenging analyst forecasts of a 13% annual earnings decline. The company's profitability is supported by reinsurance diversification, geographic expansion, and Florida-focused reforms. Despite a low P/E ratio of 4.2x compared to peers, the strong earnings growth and current operational metrics suggest a potential undervaluation.
Heritage Insurance Down Over 20%, On Track for Largest Percent Decrease Since October 2024 -- Data Talk
Heritage Insurance (HRTG) is experiencing a significant stock decline, down over 20% and heading for its most substantial percentage decrease since October 2024. This downturn marks a notable event for the company's market performance.
85,115 Shares in Heritage Insurance Holdings, Inc. $HRTG Acquired by Denali Advisors LLC
Denali Advisors LLC has acquired 85,115 shares of Heritage Insurance Holdings, Inc. (NYSE:HRTG) valued at approximately $2.49 million, representing a new position and about 0.28% ownership. This comes as other institutional investors adjusted their holdings, while company insiders like CAO Sharon Binnun and Timothy Moura sold shares. Heritage Insurance recently reported Q1 earnings of $1.19 per share, missing analyst estimates, yet the stock maintains a consensus "Buy" rating and an average price target of $39 among analysts.
Heritage Insurance Holdings, Inc. (NYSE:HRTG) Q1 2026 Earnings Call Transcript
Heritage Insurance Holdings, Inc. reported a strong Q1 2026, with earnings of $36.5 million or $1.19 per share, marking its most profitable first quarter since 2014, driven by solid underwriting, rate actions, and expense management. The company is now entering a phase of prudent growth and diversification, expanding product offerings into new states like Texas and Hawaii, while maintaining underwriting discipline and profitability. They also discussed the positive impact of tort reform, declining reinsurance costs, and the strategic use of AI and technology to enhance operations and customer service.
Heritage reports record Q1 net income of $36.5m
Heritage Insurance Holdings, Inc. announced a record-breaking Q1 2026 net income of $36.5 million, marking a 19.7% increase year-over-year. This profitability was driven by higher investment income and reduced losses, despite a slight decrease in gross premiums written due to a reduction in commercial residential business. The company's strategic initiatives, including rate adequacy and underwriting discipline, have led to significantly improved new business and a lower net loss ratio, positioning Heritage for further organic or acquisitive growth.
Earnings call transcript: Heritage Insurance Q1 2026 misses EPS forecast By Investing.com
Heritage Insurance Holdings reported a significant earnings miss for Q1 2026, with EPS of $1.19 falling short of the $1.48 forecast and revenue also below expectations. This led to a 19% drop in its stock price despite strong year-over-year growth in net income and EPS, making it the most profitable first quarter since 2014. The company outlined strategic growth initiatives, including expansion into new markets and leveraging AI, while affirming commitment to underwriting discipline amidst competitive pressures.
Heritage Insurance: Q1 Earnings Snapshot
Heritage Insurance Holdings Inc. (HRTG) reported first-quarter earnings of $36.5 million, translating to a profit of $1.19 per share. The Tampa, Florida-based property and casualty insurance company achieved revenues of $212.7 million for the period. This financial summary was generated using data from Zacks Investment Research.
Record Q1 profit and $50M buyback for Heritage (NYSE: HRTG)
Heritage Insurance Holdings (NYSE: HRTG) reported a record first-quarter 2026 net income of $36.5 million, marking a 19.7% increase, with diluted EPS rising 20.2% to $1.19. The company's underwriting performance significantly improved, with the net loss ratio falling to 45.9% and the combined ratio to 81.0%, despite substantial weather losses. Heritage also authorized a new $50.0 million share repurchase plan, having already bought back $12.0 million in shares year-to-date, while continuing to suspend its dividend to fund strategic growth and expansion.
Heritage Insurance Holdings (NYSE:HRTG) - Stock Analysis
This Simply Wall St report analyzes Heritage Insurance Holdings (NYSE:HRTG), noting its current undervaluation by 28.9% with a fair value of US$31.53, despite an impressive 217.8% earnings growth over the past year. The analysis highlights risks including a projected 13% annual earnings decline over the next three years and significant insider selling, alongside positive updates such as lifted price targets due to lower attritional loss assumptions. The company operates in personal and commercial residential insurance, primarily in catastrophe-exposed markets.
Heritage Insurance (HRTG) Q1 Earnings and Revenues Miss Estimates
Heritage Insurance (HRTG) reported Q1 earnings of $1.19 per share, missing the Zacks Consensus Estimate of $1.53, despite being higher than the $0.99 per share from a year ago. The company's revenues for the quarter were $212.66 million, also falling short of the Zacks Consensus Estimate by 1.5%. Despite the misses, Heritage Insurance currently holds a Zacks Rank #1 (Strong Buy) due to favorable estimate revisions ahead of the earnings release, suggesting potential outperformance in the near future.
Heritage Insurance: Q1 Earnings Snapshot
Heritage Insurance Holdings Inc. (HRTG) reported first-quarter earnings of $36.5 million. The Tampa, Florida-based property and casualty insurance company achieved a profit of $1.19 per share on revenue of $212.7 million for the period.
Heritage Insurance (HRTG) CAO sells 9,200 shares under 10b5-1 plan
Heritage Insurance Holdings, Inc.'s Chief Accounting Officer, Sharon Binnun, reported the sale of 9,200 shares of common stock at a weighted average price of $28.9949 per share. This transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025. Following the sale, Binnun directly holds 123,988 shares of the company's common stock.
Sharon Binnun Sells 9,200 Shares of Heritage Insurance (NYSE:HRTG) Stock
Sharon Binnun, Chief Accounting Officer of Heritage Insurance (NYSE:HRTG), sold 9,200 shares of the company's stock on May 1st at an average price of $28.99, totaling $266,708. This transaction reduced her stake by 6.91% and was executed under a pre-arranged Rule 10b5-1 trading plan. Heritage Insurance, trading near $29 with a market cap of $891 million, recently beat earnings estimates and has a "Buy" consensus rating from analysts with institutional investors holding approximately 59% of the stock.
Heritage insurance CAO Sharon Binnun sells $266,753 in common stock
Sharon Binnun, Chief Accounting Officer at Heritage Insurance Holdings, Inc., sold 9,200 shares of common stock worth $266,753 on May 1, 2026, as part of a Rule 10b5-1 trading plan. This transaction occurred after HRTG stock saw a 45% return over the past year, with recent strong financial results surpassing analyst expectations. Despite the insider sale, analysts like Truist Securities and Piper Sandler maintain positive ratings and increased price targets for the company.
Sharon Binnun sells 9,200 and 7,893 HRTG shares (NYSE: HRTG)
Sharon Binnun reported the sale of HRTG common stock under a 10b5-1 plan, detailing transactions that occurred on March 17, 2026, and April 1, 2026. The sales involved 7,893 shares for $223,750.76 and 9,200 shares for $236,589.04, respectively. Additionally, the filing noted 9,200 Restricted Stock Awards dated March 12, 2026.
[ARS] Heritage Insurance Holdings, Inc. SEC Filing
This article announces an ARS SEC filing by Heritage Insurance Holdings, Inc. (HRTG) on April 30, 2026, at 04:19 PM, indicating low impact and neutral sentiment. It provides details about the filing, links to the original document, and includes recent news and SEC filings related to the company, along with market data.
Executive pay and board elections at Heritage Insurance (NYSE: HRTG) in 2026 proxy
Heritage Insurance Holdings, Inc. (HRTG) has announced its 2026 annual meeting where stockholders will vote on the election of six directors, the ratification of Plante & Moran, PLLC as independent auditor, an advisory "Say on Pay" vote for executive compensation, and the frequency of future "Say on Pay" votes. The proxy statement details executive compensation, including CEO Ernie Garateix's $5.34 million total compensation in 2025, which was largely tied to strong performance metrics such as significant adjusted book value growth and total shareholder return. The company emphasizes its commitment to corporate governance, including a majority-independent board and performance-based incentive programs designed to align executive interests with shareholder value.
Heritage Insurance (HRTG) Expected to Announce Quarterly Earnings on Thursday
Heritage Insurance (HRTG) is expected to announce its Q1 2026 earnings after market close on Thursday, May 7th, with analysts projecting $1.48 EPS and $215.393 million in revenue. The company surpassed expectations in the previous quarter and analysts have a "Buy" rating with a $33.50 price target. The stock opened at $29.45, and insider selling activity has been noted over the last 90 days.
Price-Driven Insight from (HRTG) for Rule-Based Strategy
This article provides a price-driven insight for Heritage Insurance Holdings Inc. (NASDAQ: HRTG), highlighting strong sentiment across all time horizons. It outlines an exceptional 42.5:1 risk-reward setup, targeting a 12.1% gain versus 0.3% risk, and details three AI-generated institutional trading strategies. The analysis includes position trading, momentum breakout, and risk hedging strategies with specific entry zones, targets, and stop losses.
Heritage Insurance Holdings, Inc. (NYSE:HRTG) Receives Consensus Rating of "Buy" from Brokerages
Heritage Insurance Holdings, Inc. (NYSE:HRTG) has received a consensus "Buy" rating from brokerages, with an average twelve-month price target of $33.50. Several analysts recently reiterated or upgraded their ratings, resulting in three buy recommendations, one strong buy, and one hold. The company reported strong Q1 earnings, beating analyst estimates, and has seen notable insider selling and institutional investor activity.
Short Interest in Heritage Insurance Holdings, Inc. (NYSE:HRTG) Decreases By 29.2%
Short interest in Heritage Insurance Holdings, Inc. (NYSE:HRTG) decreased by 29.2% in April, reaching 1,032,635 shares. Analyst sentiment remains bullish, with a consensus "Buy" rating and several recent upgrades. The company also surpassed quarterly earnings estimates, reporting $2.15 EPS against an expected $1.61.
Heritage Insurance Holdings Insiders Sell US$9.3m Of Stock, Possibly Signalling Caution
Insiders at Heritage Insurance Holdings have sold US$9.3 million worth of company stock over the last year, with no purchases made. This significant insider selling, particularly a large single sale by the Chairman, could indicate caution about the company's future prospects. Despite the selling, the company's dividend yield and P/E ratio are noted as potentially attractive to some investors.
Heritage Insurance Holdings Inc. (HRTG) News, Articles, Events & Latest Updates
This article provides recent news and updates on Heritage Insurance Holdings Inc. (HRTG), including earnings reports, insider stock sales, upcoming earnings dates, share price movements, and analyst recommendations. Key updates include the CEO's sale of shares, the announcement of Q1 2026 earnings dates, and an average "Buy" rating from analysts.
Heritage Insurance CEO Ernie Garateix sells $229k in stock By Investing.com
Heritage Insurance Holdings Inc.'s CEO, Ernie J. Garateix, sold 8,334 shares of common stock worth $229,652 on April 20, 2026, as part of a pre-arranged trading plan. Despite the sale, which occurred after a significant 46% stock increase over the last year, Garateix still holds over a million shares. The company recently surpassed analyst expectations in its fourth-quarter results, prompting several firms to reiterate positive ratings and raise price targets.
Heritage Insurance (HRTG) CEO sells 8,334 shares under Rule 10b5-1 plan
Heritage Insurance Holdings, Inc. CEO Ernie J. Garateix sold 8,334 shares of company common stock on April 20, 2026, through two open-market sales. These transactions, valued at approximately $230,000, were conducted under a pre-established Rule 10b5-1 trading plan adopted in June 2025. The sales were made at weighted average prices of $27.5245 and $28.4032 per share.
Heritage investors get Q1 results May 7, with management call May 8
Heritage Insurance Holdings (HRTG) is set to release its first-quarter 2026 financial results after market close on Thursday, May 7, 2026, followed by a conference call on Friday, May 8, 2026, at 9:00 AM ET. Investors can access the call via telephone dial-in or a live audio webcast, which will also be archived. The company has shown strong profitability trends in recent quarters, including increased net income and book value per share.
Insider 10b5-1 sales reported at HRTG (NASDAQ: HRTG) with multiple dispositions
Heritage Insurance Holdings (NASDAQ: HRTG) has reported multiple insider sales under a Rule 10b5-1 plan. The SEC Form 144 filing indicates that sales of Restricted Stock Units converted to common stock were executed on February 20, 2026, and March 20, 2026, with reported proceeds of $180,122.71 and $189,568.46, respectively. These transactions were made by Ernesto J. Garateix and by Ernesto Garateix & Yvette Garateix.
HRTG (NYSE: HRTG) insiders report multiple 10b5-1 Rule 144 sales
A recent SEC Form 144 filing indicates that insiders associated with Ernesto J. Garateix and Ernesto Garateix & Yvette Garateix have reported multiple 10b5-1 Rule 144 sales of Heritage Insurance Holdings, Inc. (HRTG) common stock. These programmed sales occurred on February 20, 2026, and March 20, 2026, involving transactions of 7,467 and 867 shares, with total proceeds exceeding $412,000 across the reported dates. The filing details the number of shares sold and the corresponding proceeds, clarifying that these were pre-scheduled 10b5-1 sales.
Heritage Insurance (NYSE:HRTG) Share Price Crosses Above Fifty Day Moving Average - What's Next?
Heritage Insurance (NYSE:HRTG) stock has crossed above its 50-day moving average, signaling a short-term technical improvement, with analysts maintaining a "Buy" rating and an average price target of $33.50. The company reported strong quarterly earnings, surpassing expectations with an EPS of $2.15 and robust revenue, alongside a low P/E ratio and high ROE. Despite recent insider selling, institutional investors have increased their holdings, reflecting continued interest in the stock.
Are Investors Undervaluing Heritage Insurance (HRTG) Right Now?
Heritage Insurance (HRTG) is currently undervalued by the market, scoring a Zacks Rank #1 (Strong Buy) and an A grade for Value. The company's P/S ratio of 0.95 is below its industry average of 1.29, and its P/CF ratio of 7.53 is also lower than the industry average of 11.59, indicating a strong cash outlook. These metrics suggest HRTG is a strong value stock with a promising earnings outlook.
A Look at Heritage Insurance Holdings Inc (HRTG) After 3.3% Decline -- GF Value $22.19 vs Price $26.16
Heritage Insurance Holdings Inc (HRTG) shares declined by 3.3% to $26.16, making the stock appear "Modestly Overvalued" according to GuruFocus's GF Value of $22.19. The company's GF Score is 68/100, reflecting strong financial strength but poor growth prospects. Insider selling worth $3.2 million with no buying further suggests caution for potential investors.
HRTG Technical Analysis & Stock Price Forecast
This article provides a technical analysis and stock price forecast for Heritage Insurance Holdings Inc (HRTG) as of April 2, 2026. It indicates an overall "Buy" technical sentiment based on a proprietary analysis of 13 indicators, with 8 flashing Buy and 5 indicating Sell. The analysis also covers momentum indicators like RSI and MACD, support and resistance levels, and various moving averages, outlining key price points and trends.
Heritage Insurance Holdings, Inc. (NYSE:HRTG) Given Average Recommendation of "Buy" by Analysts
Analysts have given Heritage Insurance Holdings, Inc. (NYSE:HRTG) an average "Buy" rating, with a consensus one-year price target of $33.50, and recent upgrades to "strong-buy" and increased price targets by firms like Truist. Despite recent insider selling totaling $3.17 million over 90 days, insiders still hold 15.2% of the company. Heritage reported strong quarterly earnings of $2.15 EPS against an expected $1.61, with a revenue of $215.32 million, a high ROE of 47.28%, and a low trailing PE of 4.15, indicating an attractive valuation.
Heritage Insurance CAO Sells Over $236K in Shares
Sharon Binnun, the Chief Accounting Officer of Heritage Insurance Holdings, Inc., sold 9,200 shares worth over $236,000, reducing her stake by 6.46%. This insider sale, part of a pre-arranged trading plan, is significant because executive transactions often offer insights into a company's financial health and future outlook. Investors are advised to monitor further insider activities for clues about the company's prospects.
Heritage Insurance (NYSE:HRTG) CAO Sells $236,624.00 in Stock
Heritage Insurance (NYSE: HRTG) Chief Accounting Officer Sharon Binnun sold 9,200 shares of the company's stock on April 1st for a total of $236,624. This sale reduced her stake by 6.46% to 133,188 shares and was executed under a pre-arranged Rule 10b5-1 trading plan. The company recently reported strong earnings, beating consensus estimates with an EPS of $2.15 versus $1.61, and analysts have an average target price of $33.50 for the stock.
Insider Selling: Heritage Insurance (NYSE:HRTG) Insider Sells 24,769 Shares of Stock
Heritage Insurance (NYSE:HRTG) insider Timothy Moura sold 24,769 shares of the company's stock for over $638,000 on April 2nd, reducing his stake by 13.4%. This follows previous sales in March and earlier April. Despite the insider selling, Heritage Insurance recently reported strong quarterly earnings, beating analyst expectations, and maintains a "Buy" consensus rating from analysts with an average price target of $33.50.
Timothy Moura Sells 25,721 Shares of Heritage Insurance (NYSE:HRTG) Stock
Timothy Moura, an insider at Heritage Insurance (NYSE:HRTG), sold 25,721 shares of the company's stock on April 1st at an average price of $25.79, totaling approximately $663,345. This transaction, executed under a Rule 10b5-1 trading plan, reduced his ownership by 12.22% to 184,814 shares. The company recently exceeded earnings expectations and analysts hold a consensus "Buy" rating with an average target price of $33.50.
Heritage Insurance (HRTG) officer sells 50,490 shares, holds 160,045
Timothy Moura, an officer at Heritage Insurance Holdings, Inc. (HRTG), sold 50,490 shares of common stock on April 1 and 2, 2026, for approximately $1.3 million, through a pre-planned Rule 10b5-1 trading plan. The shares were sold at weighted average prices ranging from $25.1341 to $26.2106. After these transactions, Moura still directly holds 160,045 shares, and the sales are considered routine due to the pre-planned nature and his remaining substantial holdings.
Heritage Insurance (HRTG) CAO sells 9,200 shares under Rule 10b5-1 plan
Heritage Insurance Holdings, Inc. Chief Accounting Officer Sharon Binnun sold a total of 9,200 shares of common stock in open-market transactions on April 1, 2026, totaling approximately $236,588. The sales were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025. Following these transactions, Binnun directly holds 133,188 shares of the company's common stock.
