Heritage Financial Ownership

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

Recent Insider Transactions

NasdaqGS:HFWA Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
09 Jun 26	SellUS$109,013	Donald Hinson	Individual	3,842	US$28.37
01 May 26	SellUS$150,127	Sabrina Robison	Individual	5,439.99	US$27.61
11 Feb 26	SellUS$129,065	Anthony Chalfant	Individual	4,668	US$27.65
03 Feb 26	SellUS$47,350	Frederick Rivera	Individual	1,800	US$26.31
26 Jan 26	SellUS$50,307	Kelli Wilson	Individual	1,900	US$26.48
20 Nov 25	BuyUS$426,446	Bryan McDonald	Individual	19,106	US$22.32

Insider Trading Volume

Insider Buying: HFWA insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of HFWA?
Owner Type	Number of Shares	Ownership Percentage
State or Government	8,026	0.0195%
Individual Insiders	656,502	1.59%
General Public	7,674,866	18.6%
Institutions	32,879,423	79.8%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.9%.

Top Shareholders

Top 25 shareholders own 64.04% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13.5%	BlackRock, Inc.	5,561,782	US$163.7m	13.2%	no data
7.8%	Jennison Associates LLC	3,213,473	US$94.6m	3.42%	0.05%
5.99%	Victory Capital Management Inc.	2,469,315	US$72.7m	1.38%	0.04%
4.75%	Dimensional Fund Advisors LP	1,956,477	US$57.6m	-1.12%	0.01%
4.48%	Vanguard Capital Management, LLC	1,847,906	US$54.4m	0%	no data
4.36%	State Street Global Advisors, Inc.	1,796,525	US$52.9m	14.2%	no data
2.78%	AllianceBernstein L.P.	1,144,920	US$33.7m	-12.4%	0.01%
2.27%	Geode Capital Management, LLC	934,802	US$27.5m	10.9%	no data
1.7%	Basswood Capital Management, L.L.C.	698,904	US$20.6m	15.1%	0.92%
1.67%	Boston Partners Global Investors, Inc.	690,319	US$20.3m	0%	0.01%
1.59%	Vanguard Portfolio Management, LLC	653,691	US$19.2m	0%	no data
1.52%	Wellington Management Group LLP	628,320	US$18.5m	548%	no data
1.26%	Algebris (UK) Limited	518,409	US$15.3m	-0.44%	0.73%
1.19%	Two Sigma Investments, LP	490,410	US$14.4m	82%	0.01%
1.1%	Bridgeway Capital Management, LLC	454,658	US$13.4m	6.35%	0.16%
1.05%	Arrowstreet Capital, Limited Partnership	433,512	US$12.8m	-14%	0.01%
1%	Northern Trust Global Investments	413,116	US$12.2m	9.69%	no data
0.92%	BNY Asset Management	379,395	US$11.2m	3.51%	no data
0.91%	Charles Schwab Investment Management, Inc.	377,043	US$11.1m	15.5%	no data
0.8%	Rhino Investment Partners, Inc.	330,459	US$9.7m	77.7%	2.34%
0.75%	Manulife Asset Management	309,353	US$9.1m	-1.54%	0.01%
0.67%	UBS Asset Management AG	276,604	US$8.1m	78.9%	no data
0.67%	Heartland Advisors, Inc.	275,000	US$8.1m	0%	0.36%
0.66%	Lord, Abbett & Co. LLC	272,437	US$8.0m	-1.91%	0.02%
0.66%	Hotchkis and Wiley Capital Management, LLC	270,039	US$8.0m	-4.52%	0.02%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/08 22:31
End of Day Share Price	2026/07/08 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Heritage Financial Corporation is covered by 9 analysts. 6 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
Jeffrey Rulis	D.A. Davidson & Co.
null null	D.A. Davidson & Co.
Christopher McGratty	Keefe, Bruyette, & Woods