Insiders Seeing Green With HFWA At New 52-Week High

In trading on Thursday, shares of Heritage Financial Corp. (HFWA) touched a new 52-week high of $20.10/share. That's a 22.56% rise, or $3.7 per share from the 52-week low of $16.40 set back on 06/27/2016. That means at today's intraday high, any investor who purchased HFWA stock any time over the past 52 weeks has an unrealized gain, including company insiders.

Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. As summarized by the table below, HFWA has seen 2 different instances of insiders buying over the trailing six month period.

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Purchased Insider Title Shares Price/Share Value
06/14/2016 Rhoda L. Altom Director 175 $17.41 $3,046.75
11/01/2016 Gary B. Christensen Director 1,000 $18.41 $18,412.00

The chart below shows where HFWA has traded over the past year, with the 50-day and 200-day moving averages included.

Heritage Financial Corp.  Moving Averages Chart

In afternoon trading on Thursday, HFWA shares are changing hands at $20.05/share, slightly below the new 52-week high.

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