Heritage Global Inc. (HGBL)

Over the past six months, Heritage Global Inc. experienced investor sentiment deterioration in August 2025, and the stock fell 19%. In November 2025, the company reported its Q3 2025 earnings, missing analyst estimates, leading to a stock decline. In January 2026, the stock saw a 10% hike in one week, despite earnings and shareholder returns trending downwards. Short interest in Heritage Global increased significantly in January, indicating decreasing investor sentiment. As of early February 2026, HGBL shares have increased by 7.3% since the beginning of 2026, trading at $1.33.

Information regarding the specific demand seasonality for Heritage Global, Inc.'s products and services is not readily available.

Heritage Global, Inc. is an asset services company specializing in financial and industrial asset transactions, primarily operating within the United States. The company operates through Auction and Liquidation, Refurbishment and Resale, Brokerage, and Specialty Lending segments. Its services aim to facilitate the circular economy by diverting useful industrial assets from landfills and ensuring an ethical supply chain for financial assets.

Heritage Global, Inc. primarily focuses on financial and industrial asset transactions in the United States. However, its Auction & Liquidation segment conducts auction projects globally, and the company's digital platform supports cross-border bidding for its auction events.

Heritage Global has received a consensus rating of "Moderate Buy" or "Strong Buy" from analysts. Events that may have affected its reputation in the past year include underperformance in Q3 2025 and a significant increase in short interest in January 2026. Despite some positive analyst ratings, the stock has underperformed both the US Capital Markets industry and the broader US Market over the past year.

Heritage Global Inc. has a mixed ownership structure comprising institutional investors, individual investors (insiders), and public companies. Approximately 34.51% to 39.74% of the company’s stock is held by institutional investors. Insiders own approximately 13.00% to 13.31% of the company’s stock, with Ross Dove, the CEO, directly owning 6.68% of the company's shares. Public and other ownership accounts for approximately 47.26% to 48.68% of the shares.