Traders should monitor for potential downward pressure on HRTG shares, especially if selling continues. The concentration of sales among top executives, particularly the CEO and CAO, may signal internal concerns about valuation or near-term prospects despite no public negative news.
Price Chart
Executive Summary
Three insiders at Heritage Insurance Holdings sold shares in the past week, including CEO Ernie Garateix and Chief Accounting Officer Sharon Binnun, generating over $1.18 million in total proceeds from open-market sales. The transactions represent a coordinated selling pattern among senior executives, with prices declining over the week, suggesting possible urgency or lack of confidence.
Key Financial Metrics
Key Facts
- CEO Ernie Garateix sold 8,334 shares for $211,579 in open-market transaction.
- Timothy Moura, identified in remarks as likely an insider, sold 28,223 shares for $750,802 at a lower price than prior days.
- Chief Accounting Officer Sharon Binnun sold 7,893 shares for $223,751 at the highest price point, early in the week.
- Total open-market sales: 44,450 shares, valued at $1,186,132 over 7 days.
- Sales represent approximately 0.15% of HRTG's $788M market cap — significant for insider activity.
Financial Impact
$1.186M in insider selling over 7 days, with concentration among C-suite executives
Risk Factors
- Possible upcoming negative developments not yet disclosed
- Erosion of investor confidence due to coordinated executive selling
- Downward price momentum if additional insiders sell
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (3 trades, 7d window) | cluster-HRTG-1774299688559 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | 144 | $36.98 $37.08 | ▲ +0.27% | ▼ −0.25% | $36.61 (−1.00%) |
Oct 19, 2026 7d ago | Press Release | $36.98 | awaiting T+1 | — | $36.61 (−1.00%) |
Sep 25, 2026 4w ago | SC 13G/A | $33.26 $33.49 | ▲ +0.69% | ▲ +0.88% | $36.61 (+10.07%) |
Sep 22, 2026 4w ago | Insider Cluster | $33.07 $33.18 | ▲ +0.33% | ▲ +0.41% | $36.61 (+10.70%) |
Sep 18, 2026 5w ago | 144 | $34.15 $33.50 | ▼ −1.90% | ▼ −1.89% | $36.61 (+7.20%) |
Sep 16, 2026 5w ago | Insider Cluster | $35.42 $34.42 | ▲ +2.82% | ▲ +2.70% | $36.61 (−3.36%) |
Sep 11, 2026 6w ago | Insider Cluster | $35.09 $34.78 | ▼ −0.88% | ▼ −0.42% | $36.61 (+4.33%) |
Sep 8, 2026 6w ago | Insider Cluster | $34.05 $34.53 | ▼ −1.41% | ▼ −2.01% | $36.61 (−7.52%) |
Aug 26, 2026 8w ago | Insider Cluster | $34.15 $33.86 | ▲ +0.85% | ▲ +0.62% | $36.61 (−7.20%) |
Aug 21, 2026 9w ago | Insider Cluster | $34.59 $34.20 | ▼ −1.13% | ▼ −1.45% | $36.61 (+5.84%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers