Ernie Garateix, Chief Executive Officer of Heritage Property & Casualty Insurance Company, recently purchased 5,000 shares of Heritage Insurance Holdings Inc (HRTG, Financial) on March 14, 2025. Following this transaction, the insider now owns a total of 1,270,808 shares of the company. The transaction details can be found in the SEC Filing.
Heritage Insurance Holdings Inc is a property and casualty insurance holding company. The company provides personal and commercial residential insurance through its subsidiaries. It operates primarily in the southeastern United States.
Over the past year, Ernie Garateix has purchased a total of 13,950 shares and has not sold any shares. The insider transaction history for Heritage Insurance Holdings Inc indicates there have been 9 insider buys and 4 insider sells over the past year.
On the day of the recent purchase, shares of Heritage Insurance Holdings Inc were trading at $12.77, giving the stock a market cap of $422.698 million. The company's price-earnings ratio is 6.87, which is lower than the industry median of 11.81 and also lower than the company’s historical median price-earnings ratio.
With a trading price of $12.77 and a GF Value of $5.69, Heritage Insurance Holdings Inc has a price-to-GF-Value ratio of 2.24, indicating the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also includes a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
On the day of the recent purchase, shares of Heritage Insurance Holdings Inc were trading at $12.77, giving the stock a market cap of $422.698 million. The company's price-earnings ratio is 6.87, which is lower than the industry median of 11.81 and also lower than the company’s historical median price-earnings ratio.
With a trading price of $12.77 and a GF Value of $5.69, Heritage Insurance Holdings Inc has a price-to-GF-Value ratio of 2.24, indicating the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also includes a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
