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No insider purchase over the last 90 days. The latest was filed 12 Aug 2025.
Heritage Insurance Holdings, Inc.: what insiders have been doing
Heritage Insurance Holdings, Inc. is a Banks company. Its directors and officers file their transactions with SEC (Form 4). The last twelve months, up to 18 October 2026, brought 67 filings signed by 14 insiders.
No insider bought on the market over the period, while 6 insiders filed 37 sales totalling €8.1M. The amount is not disclosed for 2 filings. One trade stands out by size: a sale of €1.3M from Widdicombe Richard A, disclosed on 20 November 2025.
Compared with its exchange (5,810 companies, median 19 filings), a count of 67 filings is above the norm. The full history, which starts in 2021, counts 37 purchases against 52 sales. In its latest annual report filed with the SEC (10-K/A, fiscal year ended 31 December 2025), the company reported revenue of 847.3 m USD and net income of 195.6 m USD.
The median gap between a trade and its publication by SEC (Form 4) is 2 days. US insiders must file a Form 4 within two business days of a trade. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification.
Elsewhere in the same sector, our signals recently picked up insider purchases at First Guaranty Bancshares, Inc. and Avidia Bancorp, Inc. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Insider Decl.
207
Thresholds
n/a
Buy Volume
€4M
37 ops. · all time
Sell Volume
€12M
52 ops. · all time
Who traded when
BuySaleErnie J. Garateix2 buys19 sales
Sharon Binnun9 sales
Kirk Lusk1 buy6 sales
Timothy Moura6 sales
Whiting Paul l3 buys
Widdicombe Richard A3 sales
+4 other insiders
Since the insiders bought
- +50.7%Entry US$22.08 · Close at T+365 US$33.27
- +96.5%Entry US$13.88 · Close at T+365 US$27.28
- +96.5%Entry US$13.88 · Close at T+365 US$27.28
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analyst consensus: bullish or bearish?
Analysts rate Heritage Insurance Holdings, Inc. Buy (bullish), based on 2 analysts. Average price target: US$39.00.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 59 of 24,148 companies
92.0
score / 100
Value94
Quality90
FCF yld16%
Earn yld18%
EV/EBITDA3.8x
ROE45%
Gross mgn·
Net mgn25%
Debt/EBITDA0.3x
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$36.29
Analyst consensus
2 analystsBuy
US$36.00Target US$39.00(+7%)US$42.00
Income statement
RevenueUS$774.4M
EBITDAUS$307.4M40% margin
Net incomeUS$195.6M25.2% margin
Valuation
PER (trailing)5.2x
PER (forward)7.0x
P/Book1.8x
Beta0.92
Balance sheet & cash
Market capUS$1.1B
Total debtUS$99.8M
Free Cash FlowUS$174.2M
Debt / Equity16%
Profitability & ownership
ROE45.3%
ROA7.4%
% insiders19.7%
% institutions67.4%
Last declaration on 22 September 2026
Declarations207 total
3,500 shares@ US$34.73690.012% mcap20.4% of flowCommon StockSEC:0001469998-26-000012:0
3,500 shares@ US$35.420.014% mcap100.0% of flowCommonSEC144:0001950047-26-009669
2,500 shares@ US$35.2540.0088% mcap0.8% of flowCommon StockSEC:0001607776-26-000020:0
2,500 shares@ US$35.2540.0088% mcap10.2% of flowCommonSEC144:0001950047-26-009401
6,565 shares@ US$33.8150.022% mcap6.8% of flowCommon StockSEC:0001639407-26-000020:0
6,565 shares@ US$33.8150.022% mcap100.0% of flowCommonSEC144:0001950047-26-009248
2,500 shares@ US$35.100.0088% mcap0.8% of flowCommon StockSEC:0001607776-26-000018:0
9,200 shares@ US$33.91240.031% mcap9.6% of flowCommon StockSEC:0001639407-26-000018:0
2,500 shares@ US$35.100.0088% mcap10.1% of flowCommonSEC144:0001950047-26-009047
10,000 shares@ US$34.8750.035% mcap3.3% of flowCommon StockSEC:0001607776-26-000016:0
10,000 shares@ US$34.8750.035% mcap40.0% of flowCommonSEC144:0001950047-26-008633
3,500 shares@ US$33.67550.012% mcap19.6% of flowCommon StockSEC:0001469998-26-000010:0
3,500 shares@ US$33.690.012% mcap100.0% of flowCommonSEC144:0001950047-26-008403
5,000 shares@ US$34.310.017% mcap1.6% of flowCommon StockSEC:0001607776-26-000014:0
5,000 shares@ US$34.5450.017% mcap1.7% of flowCommon StockSEC:0001607776-26-000014:1
5,000 shares@ US$34.5450.017% mcap20.0% of flowCommonSEC144:0001950047-26-008310
5,000 shares@ US$34.250.017% mcap19.8% of flowCommonSEC144:0001950047-26-008279
10,000 shares@ US$34.15870.034% mcap100.0% of flowCommonSEC144:0001950047-26-008278
15,104 shares@ US$32.48680.049% mcap11.2% of flowCommon StockSEC:0001808766-26-000010:0
15,104 shares@ US$32.73990.056% mcap100.0% of flowcommonSEC144:0001628280-26-055118
9,200 shares@ US$30.0310.028% mcap8.6% of flowCommon StockSEC:0001639407-26-000016:0
9,200 shares@ US$29.370.027% mcap37.0% of flowCommonSEC144:0001950047-26-007507
9,200 sharesCommon StockSEC:0001639407-26-000014:0
9,200 shares@ US$26.080.024% mcap33.3% of flowCommonSEC144:0001950047-26-006780
25 of 207 declarations
About Heritage Insurance Holdings, Inc.
Heritage Insurance Holdings, Inc. (NYSE: HRTG) is a U.S.-listed property and casualty insurer headquartered in Tampa, Florida, United States. The company was established in 2012 and incorporated in Delaware in 2014. For investors, Heritage is best understood as a super-regional specialist focused on residential property insurance, with a business model shaped by catastrophe exposure, underwriting discipline, and reinsurance management.
Heritage’s core activity is homeowners and residential property coverage. Its primary products include personal residential insurance, commercial residential insurance, and a smaller line of commercial general liability business. The company operates as a single reportable segment, reflecting a streamlined operating structure and a focused underwriting footprint. In its 2024 annual report, Heritage said it writes personal residential insurance on an admitted basis across fourteen eastern and Gulf Coast states, commercial residential insurance in three of those states, personal residential business in Hawaii, and selected excess and surplus lines business in California and Florida. It is also licensed, though inactive, in Pennsylvania.
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From a competitive standpoint, Heritage sits in the U.S. regional insurance tier rather than among the national giants. That positioning can be attractive because it allows the company to specialize in niche residential markets and use data-driven underwriting to adjust pricing and exposure more quickly. At the same time, the model is inherently sensitive to hurricane, wind, and other catastrophe losses, as well as to the price and availability of reinsurance. As a result, the investment case tends to revolve around margin discipline, reserve adequacy, and portfolio mix rather than top-line growth alone.
Heritage has been emphasizing portfolio optimization, selective underwriting, and geographic and product diversification. Management has also highlighted efforts to improve profitability through rate actions, tighter underwriting standards, and a strong reinsurance program. In the company’s most recent reporting, it continued to describe its strategy as one aimed at improving long-term returns while reducing dependence on any single weather event or catastrophe cycle. That is important in a market such as U.S. homeowners insurance, where claims inflation and climate volatility can quickly pressure combined ratios.
Recent developments have been encouraging. In March 2026, Heritage reported fourth-quarter and full-year 2025 results showing a meaningful improvement in net income and a lower net loss ratio versus the prior year quarter, suggesting a stronger underwriting outcome. For investors in French-speaking Europe, Heritage is therefore a niche insurance name on the NYSE in the United States, with a thesis tied to catastrophe risk management, reinsurance costs, and the company’s ability to sustain underwriting profitability over time.
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