Heritage Commerce Ownership

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

Recent Insider Transactions

NasdaqGS:HTBK Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
09 Sep 25	SellUS$60,186	Bruce Cabral	Individual	5,889	US$10.22
01 Aug 25	BuyUS$185,000	Thomas Sa	Individual	20,000	US$9.25
10 Mar 25	SellUS$15,588	Susan Just	Individual	1,602	US$9.73
10 Mar 25	SellUS$50,063	Robertson Jones	Individual	5,145	US$9.73
27 Feb 25	SellUS$42,080	Jack Conner	Individual	4,000	US$10.52

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 HTBK?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,805,247	2.94%
General Public	10,530,057	17.2%
Institutions	49,033,404	79.9%

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

Top Shareholders

Top 25 shareholders own 61.65% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13.4%	BlackRock, Inc.	8,210,106	US$105.7m	3.61%	no data
6.43%	The Vanguard Group, Inc.	3,946,682	US$50.8m	11%	no data
5.52%	Dimensional Fund Advisors LP	3,386,031	US$43.6m	-1.1%	0.01%
3.6%	State Street Global Advisors, Inc.	2,210,769	US$28.5m	17.6%	no data
2.83%	Wellington Management Group LLP	1,735,894	US$22.3m	-42.2%	no data
2.73%	Boston Partners Global Investors, Inc.	1,676,777	US$21.6m	0%	0.01%
2.68%	JP Morgan Asset Management	1,644,869	US$21.2m	0.81%	no data
2.65%	HoldCo Advisors, LP	1,623,446	US$20.9m	0%	1.88%
2.57%	Geode Capital Management, LLC	1,576,436	US$20.3m	0.72%	no data
2.06%	Manulife Asset Management	1,265,333	US$16.3m	-1.96%	0.01%
1.76%	American Century Investment Management Inc	1,077,802	US$13.9m	-0.29%	0.01%
1.6%	Hotchkis and Wiley Capital Management, LLC	979,624	US$12.6m	-27.8%	0.03%
1.41%	The Goldman Sachs Group, Inc.	862,348	US$11.1m	0%	no data
1.36%	Kennedy Capital Management LLC	836,340	US$10.8m	-3.75%	0.22%
1.3%	Rhino Investment Partners, Inc.	795,180	US$10.2m	29.9%	2.9%
1.18%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	725,954	US$9.3m	55.4%	no data
1.11%	AllianceBernstein L.P.	678,246	US$8.7m	57.5%	no data
1.08%	AQR Capital Management, LLC	662,004	US$8.5m	49.3%	0.01%
1.07%	Tiedemann Advisors, LLC	656,772	US$8.5m	0.03%	0.19%
1.02%	Two Sigma Investments, LP	626,061	US$8.1m	53.6%	0.01%
0.95%	Northern Trust Global Investments	580,364	US$7.5m	-0.9%	no data
0.91%	Bridgeway Capital Management, LLC	557,934	US$7.2m	9.53%	0.1%
0.86%	Two Sigma Advisers, LP	525,002	US$6.8m	4.56%	0.01%
0.82%	Charles Schwab Investment Management, Inc.	504,272	US$6.5m	0%	no data
0.8%	Renaissance Technologies LLC	488,400	US$6.3m	10.6%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/25 19:25
End of Day Share Price	2026/01/23 00:00
Earnings	2025/12/31
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

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 Github.

Analyst Sources

Heritage Commerce Corp is covered by 12 analysts. 4 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
Gary Tenner	D.A. Davidson & Co.
Timothy Coffey	Janney Montgomery Scott LLC
Wood Lay	Keefe, Bruyette, & Woods