Disposition of 9513 shares by James Sklar of Heritage Global at 2.57 subject to Rule 16b-3

HGBL Stock  USD 1.62  0.01  0.62%   
About 53% of Heritage Global's investor base is interested to short. The analysis of overall sentiment of trading Heritage Global stock suggests that many investors are impartial at this time. Heritage Global's investing sentiment shows overall attitude of investors towards Heritage Global.
  
Filed transaction by Heritage Global Officer: Evp, Gen Counsel & Secretary. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

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Disposition of 9513 common stock at 2.57 of Heritage Global by James Sklar on 26th of September 2024. This event was filed by Heritage Global with SEC on 2023-03-01. Statement of changes in beneficial ownership - SEC Form 4. James Sklar currently serves as executive vp, general counsel and secretary of Heritage Global

Heritage Global Fundamental Analysis

We analyze Heritage Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heritage Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heritage Global based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Price To Book

Price To Book Comparative Analysis

Heritage Global is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Heritage Global Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Heritage Global stock to make a market-neutral strategy. Peer analysis of Heritage Global could also be used in its relative valuation, which is a method of valuing Heritage Global by comparing valuation metrics with similar companies.

Peers

Heritage Global Related Equities

MFHMercurity Fintech   21.71   
0%
100.0%
IRENIris Energy   10.91   
0%
50.0%
CIFRCipher Mining   9.53   
0%
43.0%
WULFTerawulf   6.58   
0%
30.0%
ARBKArgo Blockchain   4.46   
0%
20.0%
SDIGStronghold Digital   2.86   
0%
13.0%
PIPRPiper Sandler   0.30   
0%
1.0%
HLIHoulihan Lokey   0.04   
0%
1.0%
SNEXStonex   0.03   
0%
1.0%
DFINDonnelley Financial   0.02   
0%
1.0%
NMRNomura Holdings   0.17   
1.0%
0%
OPYOppenheimer Holdings   0.83   
3.0%
0%
CYFRFCypherpunk Holdings   1.14   
5.0%
0%
SRLScully Royalty   1.24   
5.0%
0%
AAMTFArmada Mercantile   16.67   
76.0%
0%
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 Heritage Global Hype Analysis, Heritage Global Correlation and Heritage Global Performance.
For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.
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.