Heritage Global Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:LGC Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
20 Mar 24	Buy€18,483	Ross Dove	Individual		7,297	€2.53
19 Mar 24	Buy€13,260	Nicholas Dove	Individual		5,000	€2.65

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of LGC?
Owner Type	Number of Shares	Ownership Percentage
Hedge Funds	2,424,680	6.67%
Individual Insiders	4,577,453	12.6%
Institutions	9,405,495	25.9%
General Public	19,935,933	54.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 43.61% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
6.94%	Punch & Associates Investment Management, Inc.	2,521,335	€4.3m	-0.55%	0.23%
6.67%	Topline Capital Management, LLC	2,424,680	€4.1m	0%	1.05%
6.34%	Ross Dove	2,302,656	€3.9m	0%	no data
5.21%	The Vanguard Group, Inc.	1,893,646	€3.2m	0%	no data
2.96%	David Ludwig	1,074,304	€1.8m	-3.59%	no data
2.91%	Koshinski Asset Management, Inc.	1,059,304	€1.8m	0%	0.15%
1.43%	Ancora Advisors LLC	519,675	€877.5k	0%	0.02%
1.19%	Herr Investment Group LLC	432,900	€731.0k	0%	0.22%
1.1%	Wynnefield Capital, Inc.	401,030	€677.2k	-10.1%	0.3%
0.93%	Dimensional Fund Advisors LP	337,588	€570.0k	-25%	no data
0.92%	Geode Capital Management, LLC	335,402	€566.3k	2.39%	no data
0.91%	Renaissance Technologies LLC	330,595	€558.2k	3.89%	no data
0.86%	Samuel Shimer	312,500	€527.7k	0%	no data
0.85%	Perritt Capital Management, Inc.	308,548	€521.0k	-8.96%	0.27%
0.78%	James Sklar	283,876	€479.3k	0%	no data
0.64%	Michael Hexner	232,104	€391.9k	0%	no data
0.62%	Ridgewood Investments LLC	223,577	€377.5k	11.5%	0.19%
0.46%	Mutual Advisors, LLC	167,530	€282.9k	0%	0.01%
0.4%	BlackRock, Inc.	143,624	€242.5k	4.95%	no data
0.28%	State Street Global Advisors, Inc.	102,966	€173.9k	0%	no data
0.28%	Nicholas Dove	100,000	€168.9k	0%	no data
0.27%	Citadel Advisors LLC	96,534	€163.0k	277%	no data
0.26%	Brian Cobb	94,913	€160.3k	0%	no data
0.23%	Millennium Management LLC	83,663	€141.3k	346%	no data
0.18%	Susquehanna International Group, LLP, Asset Management Arm	65,549	€110.7k	13.1%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 06:01
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Heritage Global Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Michael Shlisky	Colliers Securities
George Sutton	Craig-Hallum Capital Group LLC
Mark Argento	Lake Street Capital Markets, LLC