Heritage Financial Corp (HFWA) disclosed that director Brian Charneski sold 13,675 shares of its common stock on Sept. 3, 2026. The shares were sold through a corporation at $29.184 per share, generating proceeds of $399,091. Following the transaction, the corporation’s beneficial ownership of Heritage Financial securities fell to zero.
At the time of reporting, Heritage Financial’s share price was $29.07, with a recent close of $29.23 on Sept. 3. The stock trades at a price‑to‑earnings multiple of 14.02. InvestingPro’s Fair Value analysis lists the company among its "Most Undervalued" opportunities, and the firm has increased its dividend for five consecutive years.
In its second‑quarter 2026 results, Heritage Financial posted earnings of $0.57 per share, surpassing Wall Street’s consensus estimate of $0.45. Revenue for the quarter came in at $84.13 million, below the $86.30 million forecast. The bank cited an improved net interest margin and strong credit quality, while noting pressure from declining deposits and higher merger‑related expenses.
The insider sale and the latest earnings data provide investors with a mixed view of the bank’s valuation and operational performance.
