Heritage Global (HGBL)

• Market cap: $80.6M
• 1 day: 4.13%
• 5 days: -0.44%
• 1 month: 11.27%
• 3 months: 21.39%
• 6 months: 37.58%
• Year to date: 21.39%
• 1 year: -14.34%
• 5 years: -38.32%
• 10 years: -38.32%
• Sector: Industrials
• Industry: Business Services

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

12,338% more capital invested

Capital invested by funds: $15.2M [Q3] → $1.89B (+$1.87B) [Q4]

10.99% more ownership

Funds ownership: 23.98% [Q3] → 34.97% (+10.99%) [Q4]

12% less funds holding

Funds holding: 43 [Q3] → 38 (-5) [Q4]

43% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 14

45% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 11

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $4 76% upside
• Avg. target: $4 76% upside
• High target: $4 76% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Lake Street Mark Argento 50% 1-year accuracy 2 / 4 met price target

76% upside $4

Buy Maintained

14 Mar 2025