HERITAGE GLOBAL INC
HGBLHeritage Global Inc. (HGBL) is a diversified asset management and liquidation services company. It specializes in the acquisition, resale, and remarketing of industrial and commercial assets, including equipment, machinery, and inventory, through various auction and brokered sales channels. The company provides solutions for businesses looking to efficiently monetize excess assets or manage asset dispositions across multiple industries.
Company News
Heritage Global reported Q1 2026 revenue of $12.7 million (down from $13.5 million YoY) with net income of $700,000 ($0.02 per share). The company's core business units grew, but the newly acquired DebtX division posted a $600,000 operating loss attributed to seasonal factors. Management emphasized ongoing investments in sales, technology, and ta...
Although U.S. stocks closed higher on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for...
The Dow Jones index closed higher by over 300 points on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable inside...
SAN DIEGO, California, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Heritage Global, Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, announced today that Ross Dove, Chief Executive Officer, will be presenting at the upcoming Sequire Investor ...
