Heritage Global slips after insider purchase puts little Nasdaq name back in spotlight
Heritage Global Inc. slipped on the Nasdaq Thursday after a new SEC filing showed Nicholas Kirk Dove, president of Industrial Assets, picked up 26,000 shares at $1.215 on May 21. The buy brought his direct stake to 126,000 shares, the filing said. The purchase happened in the open market, not via private deal. The shares traded at $1.26, off 0.8% on the day. They moved between $1.215 and $1.26, with volume at 24,869 shares. Heritage Global’s market cap was about $44.1 million, so even smaller filings tend to attract attention compared to bigger firms.