Heritage Financial (HFWA) EVP Tony Chalfant Sells $37K of Stock

Tony Chalfant, EVP Chief Credit Officer at HFWA, recently sold 1,316 shares of the company on June 15, 2026. The shares were sold at an average price of $28.44, totaling $37,427.04. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at Heritage Financial Corporation

Other insider activity on the same day included Amy Curran, EVP Director of Commercial Lending, who bought 576 shares and sold 71 shares, all at the same price of $28.44. Chalfant also had a separate transaction where he bought 1,316 shares, making the insider trading activity for HFWA quite dynamic.

Other Institutional Activity in HFWA

Institutional investors have been active in HFWA. BlackRock, Inc. increased its stake by 648,759 shares, bringing its total to over 5.56 million shares valued at approximately $144.6 million. Jennison Associates LLC added 106,308 shares, now holding about 3.21 million shares worth $83.5 million. Victory Capital Management Inc. also grew its position by 33,623 shares, ending with around 2.47 million shares valued at $64.2 million. Conversely, Dimensional Fund Advisors LP trimmed its holdings by 22,133 shares, now holding nearly 1.96 million shares valued at $50.9 million.

Analysts Set New Price Targets

Analysts have been keeping a close eye on HFWA. On April 27, 2026, Piper Sandler maintained its 'buy' rating with a price target of $32. Earlier in the year, Piper Sandler reiterated its 'buy' stance with targets of $34 and $35 in April and February, respectively. Other firms like Stephens & Co. and DA Davidson have also maintained their ratings, with targets ranging from $28 to $32.

Bottom Line

Tony Chalfant's recent insider sale of HFWA shares is part of a broader pattern of active trading by insiders and institutional investors. The stock remains under close watch by analysts, with Piper Sandler maintaining a bullish outlook. As always, these insider and institutional activities provide insight into market sentiment but reflect past decisions rather than current positions.