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Insider Trends: 90-Days of Insider Buying at Heartland Financial USA Eased Back with Share Disposition

05/07/2021 09:32

01:31 PM EDT, 05/07/2021 (MT Newswires) -- John K Schmidt, Director, reported a sale of 5,000 shares in Heartland Financial USA (HTLF) for $254,004 on May 05, 2021. Following the Form 4 filing with the SEC, Schmidt has control over 227,600 shares of company stock of which 208,890 shares are held directly and 18,710 are controlled indirectly. These holdings have an approximate market value of $11.57 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 18 insider transactions from the activities of 10 individual insiders all of which have been purchases and resulted in the acquisition of 238,973 company shares. This compares with the preceding 90-day window of time where there were 2 transactions from 2 insiders and resulted in the net acquisition of 2,298 shares.

This is below the average for insider transactions in the 212-company Corporate Banks peer group over the last 90-day period. Within the peer group activity averaged 114.6 transactions per company, and disposition of 1,080 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/920112/000092011221000131/xslF345X03/wf-form4_162040856697008.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.