David Ludwig - Heritage Global President - National Loan Exchange Inc
| HGBL Stock | USD 1.72 0.06 3.61% |
President
Mr. David Ludwig is the President National Loan Exchange of the Company. Mr. Ludwig joined the Company when HGI acquired NLEX in June 2014. Mr. Ludwig has worked in the financial industry for twentyfive years, and he developed NLEX from its start as a postResolution Trust Corporation sales outlet to the nation leading broker of chargedoff credit card and consumer debt accounts. He is considered a leading pioneer in the debt sales industry, and was a featured speaker at many industry conferences, as well as quoted in numerous publications including the New York Times, LA Times, Collections and Credit Risk, and Collector Magazine. Mr. Ludwig also serves as consultant and expert witness within the industry since 2014.
| Age | 66 |
| Tenure | 10 years |
| Address | 12625 High Bluff Drive, San Diego, CA, United States, 92130 |
| Phone | 858 847 0659 |
| Web | https://hginc.com |
David Ludwig Latest Insider Activity
Tracking and analyzing the buying and selling activities of David Ludwig against Heritage Global stock is an integral part of due diligence when investing in Heritage Global. David Ludwig insider activity provides valuable insight into whether Heritage Global is net buyers or sellers over its current business cycle. Note, Heritage Global insiders must abide by specific rules, including filing SEC forms every time they buy or sell Heritage Global'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
David Ludwig over a week ago Disposition of 10000 shares by David Ludwig of Heritage Global at 1.61 subject to Rule 16b-3 |
Heritage Global Management Efficiency
The company has return on total asset (ROA) of 0.066 % which means that it generated a profit of $0.066 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1677 %, meaning that it created $0.1677 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. At this time, Heritage Global's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.16 this year, although the value of Return On Capital Employed will most likely fall to 0.18. 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 0.18 this year, although the value of Other Assets will most likely fall to 0.95.Similar Executives
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Management Performance
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.066 |
Heritage Global Leadership Team
Elected by the shareholders, the Heritage Global's board of directors comprises two types of representatives: Heritage Global inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Heritage. The board's role is to monitor Heritage Global's management team and ensure that shareholders' interests are well served. Heritage Global's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Heritage Global's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Nicholas Dove, President Division | ||
| Kirk ASA, Founding Advisor | ||
| Ross Dove, CEO and Director | ||
| David Ludwig, President - National Loan Exchange Inc | ||
| Gina Griffin, Senior President | ||
| James Sklar, Executive VP, General Counsel and Secretary | ||
| Raspina Jannesar, Chief Officer | ||
| Brian Cobb, Chief Officer |
Heritage Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Heritage Global a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.066 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 38.59 M | ||||
| Shares Outstanding | 36.34 M | ||||
| Shares Owned By Insiders | 15.89 % | ||||
| Shares Owned By Institutions | 31.79 % | ||||
| Number Of Shares Shorted | 10.5 K | ||||
| Price To Earning | 8.63 X |
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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 0.27 | Revenue Per Share 1.361 | Quarterly Revenue Growth (0.33) | Return On Assets 0.066 |
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.