Insider Buying: Heritage Distilling Holding Company, Inc. (NASDAQ:CASK) Director Buys 47,500 Shares of Stock

Heritage Distilling Holding Company, Inc. (NASDAQ:CASK) Director Andrew M. Varga bought 47,500 shares of the business’s stock in a transaction on Friday, February 14th. The stock was bought at an average price of $1.23 per share, for a total transaction of $58,425.00. Following the purchase, the director now directly owns 52,500 shares of the company’s stock, valued at $64,575. The trade was a 950.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Heritage Distilling Stock Up 8.5 %

CASK stock opened at $1.28 on Tuesday. The firm’s 50-day moving average price is $1.70. Heritage Distilling Holding Company, Inc. has a one year low of $0.94 and a one year high of $4.00.

Heritage Distilling (NASDAQ:CASK) last announced its earnings results on Friday, December 27th. The company reported ($8.02) earnings per share for the quarter.

Institutional Trading of Heritage Distilling

An institutional investor recently bought a new position in Heritage Distilling stock. Mattern Wealth Management LLC purchased a new stake in Heritage Distilling Holding Company, Inc. (NASDAQ:CASK) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 44,255 shares of the company’s stock, valued at approximately $76,000. Mattern Wealth Management LLC owned about 0.95% of Heritage Distilling as of its most recent filing with the Securities & Exchange Commission.

Heritage Distilling Company Profile

Heritage Distilling Holding Company Inc is a craft distiller of premium brands, including whiskeys, vodkas, gins, rums and ready-to-drink canned cocktails. Heritage Distilling Holding Company Inc is based in GIG HARBOR, Wash.