Tony Chalfant Increases Stake in HFWA
Tony Chalfant, EVP Chief Credit Officer of HFWA, acquired 1,316 shares.
Key Points
- Tony Chalfant, EVP Chief Credit Officer, bought 1,316 shares of HFWA at $28.44 each, totaling $37,427.04 on June 15, 2026.
- Shares of HFWA recently traded at $29.04, with institutional investors like BlackRock, Inc. holding significant stakes.
- Analysts from Piper Sandler and DA Davidson maintain positive ratings on HFWA, with price targets ranging from $28 to $35.
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Tony Chalfant, Executive Vice President and Chief Credit Officer at HFWA, made a notable purchase of 1,316 shares of the company on June 15, 2026. The shares were bought at an average price of $28.44, amounting to a total transaction value of $37,427.04. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at Heritage Financial Corporation
Tony Chalfant wasn't the only insider making moves. Alongside his purchase of 1,316 shares, he also sold 135 shares on the same day. Meanwhile, Amy Curran, another executive as EVP Director Commercial Lending, acquired 576 shares and sold 71 shares, both transactions occurring on June 15, 2026.
Other Institutional Activity in HFWA
Among HFWA's institutional investors, BlackRock, Inc. increased its holdings by 648,759 shares, now owning 5,561,782 shares valued at approximately $144.6 million. Jennison Associates LLC added 106,308 shares, bringing its total to 3,213,473 shares worth about $83.6 million. Victory Capital Management Inc. also grew its stake by 33,623 shares, reaching 2,469,315 shares valued at around $64.2 million. On the other hand, Dimensional Fund Advisors LP slightly reduced its position by 22,133 shares, holding 1,956,477 shares valued at $50.9 million.
Analysts Set New Price Targets
Analysts have been active in evaluating HFWA, with Piper Sandler maintaining a "buy" rating and setting a price target of $32 as of April 27, 2026. Previously, Piper Sandler had set targets of $34 and $35 earlier in the year. DA Davidson also maintains a "buy" rating, with a target of $32 as of January 23, 2026. Stephens & Co. has a "hold" rating with a $30 target.
Bottom Line
Tony Chalfant's recent purchase of HFWA shares adds to the insider activity in the company, indicating strong executive interest. Institutional investors like BlackRock and Jennison Associates have significantly increased their stakes, reflecting confidence in HFWA's prospects. Analysts continue to hold a positive outlook, with several maintaining "buy" ratings and setting price targets that suggest potential upside. As always, insider and institutional activities provide valuable insights, though investors should remember that these filings reflect past actions and may not represent current positions.
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