The CCO of Heritage Financial Corp (NASDAQ: HFWA) is Selling Shares

By Carrie Williams

Today, the CCO of Heritage Financial Corp (NASDAQ: HFWA), David Spurling, sold shares of HFWA for $44.78K.

Following David Spurling’s last HFWA Sell transaction on February 21, 2017, the stock climbed by 5.4%.

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Based on Heritage Financial Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $50.8 million and quarterly net profit of $9.09 million. In comparison, last year the company earned revenue of $42.21 million and had a net profit of $9.24 million. The company has a one-year high of $33.25 and a one-year low of $22.93. HFWA’s market cap is $1.03B and the company has a P/E ratio of 24.31.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $35.00, reflecting a -15.1% downside.

David Spurling’s trades have generated a -10.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Heritage Financial Corp. is bank holding company, which engages in the business of planning, directing, and coordinating the business activities of wholly owned subsidiary Heritage Bank. It includes commercial lending and deposit relationships with small businesses and their owners in market areas, and attracting deposits from the general public.