Heartland Express Inc (HTLD) Files Form 4 Insider Selling : Larry J. Gordon Sells 95,934 Shares

Heartland Express Inc (HTLD): Larry J. Gordon , director of Heartland Express Inc sold 95,934 shares on Jun 14, 2016. The Insider selling transaction was reported by the company on Jun 16, 2016 to the Securities and Exchange Commission. The shares were sold at $17.74 per share for a total value of $1,701,977.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 16, 2016, Larry J. Gordon (director) sold 95,934 shares at $17.74 per share price.On Jun 16, 2015, Steven M Gordon (COO of Subsidiary) sold 50,000 shares at $20.58 per share price.Also, On Jun 16, 2015, James G Pratt (director) purchased 2,000 shares at $21.29 per share price.On Jun 12, 2015, Scott A. Gordon (CIO of Subsidiary) sold 200,000 shares at $21.30 per share price.

Heartland Express: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in Heartland Express which led to swings in the share price. The shares opened for trading at $17.71 and hit $17.99 on the upside , eventually ending the session at $17.73, with a gain of 0.23% or 0.04 points. The heightened volatility saw the trading volume jump to 4,62,406 shares. The 52-week high of the share price is $22.13 and the company has a market cap of $1,476 M . The 52-week low of the share price is at $15.36.

Heartland Express Money Flow Index Chart

Company has been under the radar of several Street Analysts.Heartland Express is Downgraded by Wells Fargo to Underperform. Earlier the firm had a rating of Market Perform on the company shares. The Rating was issued on May 9, 2016.Heartland Express is Downgraded by KeyBanc Capital Mkts to Sector Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Apr 7, 2016.Heartland Express is Reiterated by Barclays to Underweight while Lowering the Price Target of the company shares to $ 15 from a previous price target of $17 . The Rating was issued on Apr 6, 2016.

Heartland Express Inc. (Heartland) is a holding company. The Company owns all of the stock of Heartland Express Inc. of Iowa Gordon Trucking Inc. (GTI) Heartland Express Services Inc. Heartland Express Maintenance Services Inc. and A & M Express Inc. The Company together with its subsidiaries is a short-to-medium haul truckload carrier of general commodities. The Company provides transportation services across the United States and parts of Canada. It offers primarily asset-based transportation services in the dry van truckload market and also offers truckload temperature-controlled transportation services and non-asset based brokerage services. It provides nationwide asset-based dry van truckload service for shippers from Washington to Florida and New England to California. The Company operates around 21 terminal facilities throughout the United States.

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