HQI HireQuest, Inc. Insider Trading

CEO Richard Hermanns buys 9,704 HQI shares at $10.28; third consecutive buy in 6 days amid +26.0% 30-day surge.

Richard Hermanns, President and CEO, purchased 9,704 shares at $10.28 on 2025-12-30, adding to his 2.95M share position. This is his third open-market buy at HireQuest in six days (following purchases on 2025-12-24 and 2025-12-22), signaling sustained capital deployment. His prior trades at HQI show a 3 of 3 pattern of well-timed buys—all three measurable purchases (2024-06-24, 2024-06-28, and 2024-08-22) generated positive 90-day returns (+18.6%, +20.3%, and +12.3% respectively). The current stock price of $10.70 sits +26.0% higher over 30 days and -30.4% below its 52-week high of $15.38, creating a backdrop of recent recovery amid longer-term underperformance. The repetition of purchases within a compressed timeframe, combined with the same-ticker track record, suggests deliberate and sustained interest despite fundamentals showing annual revenue decline of -8.7% and a P/E of 21.84.

HireQuest CEO Hermanns Richard bought 19,276 shares (19.3K shares) for $176,375.61 across 2 trades in Dec 2025

Hermanns Richard, President and CEO of HireQuest, Inc., executed 2 separate purchases totaling 19,276 shares for $176,375.61 (blended average price $9.15) on 2025-12-22 and 2025-12-24, increasing his holdings from 2.92M shares to 2.94M shares. His prior trades at HireQuest have been consistently well-timed: all 5 previous buys showed positive 90-day returns (ranging from +6.2% to +20.3%). The stock is currently trading at $10.30, -33.0% from its 52-week high of $15.38, yet has appreciated +18.5% over the past 30 days and +7.1% over 90 days. The company is profitable with recent quarterly net income of $2.3M, though annual revenue has contracted -8.7% year-over-year. The CEO's purchase pattern—acquiring shares at prices ($9.13 and $10.12) below the current level—mirrors his established track record of purchases that preceded subsequent stock appreciation at this ticker.

Director Hagenbuch buys 1,200 shares of HQI at $14.53; stock now $14.36 after -15.6% decline from 52-week high.

Director Lawrence F. Hagenbuch purchased 1,200 shares at $14.53 on 2024-11-12, increasing his holdings to 109,473 shares. However, the purchase occurred near an interim resistance level—the stock is currently trading at $14.36, down -15.6% from its 52-week high of $17.02, and it sits well above its 52-week low of $11.64. This buy follows a concerning pattern: Hagenbuch's prior two purchases at HQI (on 2023-12-19 and 2023-08-15) both resulted in negative 90-day returns of -24.9% and -34.6% respectively, with a 0% win rate on same-ticker trades over the 90-day measurement window. More broadly, his cross-ticker track record shows 2 prior buys with an average 90-day return of -29.8%, indicating a persistent struggle with trade timing. The company itself presents mixed fundamentals: while annual revenue growth is strong at +22.4%, the latest quarter reports a net loss of $-2.2M on revenue of $9.4M, and the elevated P/E of 143.60 reflects valuation stretched against earnings. This purchase does not reverse the pattern of unsuccessful prior acquisitions at this ticker.

Director Jack A. Olmstead buys 5,000 HQI shares at $12.90; stock down 34.1% from 52-week high, prior buys at this ticker showed poor 90-day timing.

Director Jack A. Olmstead purchased 5,000 shares of HireQuest at $12.90 on 2024-08-22, increasing his holdings by 8.1% to 66,894 shares total. The purchase occurs with HireQuest trading at $12.93 (current), down 34.1% from its 52-week high of $19.62 and negative across both 30-day (-5.5%) and 90-day (-1.2%) periods. His prior trades at HireQuest show a poor timing track record: a buy on 2023-11-14 ultimately returned -1.8% over 90 days, and a buy on 2023-08-15 returned -36.3% over 90 days—0 of 2 prior buys at this ticker were well-timed at the 90-day mark. HireQuest reports fundamentals of $8.7M revenue (latest quarter), $2.0M net income, 22.4% annual revenue growth, and a P/E of 34.95, but the company carries a high valuation relative to recent insider purchase timing success.

HireQuest CEO Richard Hermanns buys 3,000 shares at $12.89; stock down 34.1% from 52-week high but CEO shows prior HQI buy pattern with strong near-term returns.

Richard Hermanns, President and CEO, purchased 3,000 shares at $12.89 on 2024-08-22, adding 0.1% to his 3.07M-share holdings. The stock is trading -34.1% from its 52-week high of $19.62 and down 5.5% over the past 30 days. His cross-ticker track record shows 10 prior open-market buys with an 80.00% 90-day win rate and avg 90d return of +0.1%, suggesting selective entry discipline. More notably, Hermanns has executed five discretionary buys at HQI since mid-June 2024, each posting strong 30-day returns: +13.3%, +7.2%, +9.0%, +6.2%, and +11.0%. The company's fundamentals show revenue growth of +22.4% year-over-year with a $8.7M latest quarterly revenue and $2.0M net income, though the P/E of 34.95 reflects elevated valuation relative to earnings. This purchase occurs amid a pullback from prior summer highs, continuing a pattern of near-term positive price action following his recent HQI acquisitions.

CEO Hermanns Richard buys 4,219 HQI shares at $12.08 on 2024-06-28; stock now -54.1% from 52-week high of $26.20.

Hermanns Richard, the President and CEO of HireQuest, Inc., purchased 4,219 shares at $12.08, adding to his substantial existing position of 3.06M shares. This occurs against a backdrop of significant stock deterioration: HireQuest has declined 54.1% from its 52-week high of $26.20, a stark reversal from the company's recent +22.4% annual revenue growth and modest profitability of $1.6M net income on $8.4M quarterly revenue. However, Hermanns Richard's cross-ticker track record shows a consistent pattern of poor execution: his 9 prior open-market buys across all tickers averaged -22.7% 90-day returns with a 0.00% win rate, suggesting his timing has been systematically disadvantageous. His same-ticker activity at HQI is even more recent and frequent—four additional buys in the preceding two weeks (June 14, 17, 20, 24)—yet one of these earlier June purchases is already showing a -3.4% 30-day loss, raising questions about the rationale for continued accumulation at materially higher valuation levels (P/E 32.51) in a declining stock.

HireQuest CEO Richard Hermanns buys 669 shares at $12.25; stock down 53.0% from 52-week high.

Richard Hermanns, President and CEO, purchased 669 shares of HireQuest at $12.25 on 2024-06-24, a modest $8,195.25 transaction that increased his holdings from 3,059,900 to 3,060,569 shares (+0.0% change). This represents his fourth consecutive buy at HQI within six trading days (purchases on 2024-06-20, 06-17, 06-14 immediately preceded this trade), suggesting sustained buying activity during a period of weakness. The stock is currently trading at $12.30, down 53.0% from its 52-week high of $26.20 and has declined 6.0% over the prior 30 days. Hermanns' cross-ticker buy history shows a 0.00% win rate at the 90-day mark with average returns of -22.7%, and his prior same-ticker buys at HQI on 2024-05-22 and 2024-05-24 delivered negative 30-day returns of -5.2% and -3.4% respectively, indicating a pattern of purchases that have not been well-timed. The company maintains solid fundamentals with $8.4M quarterly revenue (up 22.4% year-over-year) and $1.6M net income, though the elevated P/E of 33.24 against recent stock depreciation warrants investor attention to whether management is accumulating shares at a value inflection or if the price action reflects deeper concerns not evident in recent financials.

Director Rimmy Malhotra buys 2,000 HQI shares at $12.29; stock down 56.0% from 52-week high, prior same-ticker buys both underwater.

Malhotra purchased 2,000 shares at $12.29 on 2024-06-24, increasing holdings from 77,012 to 79,012 shares. The stock has declined 56.0% from its 52-week high of $27.94 and is currently trading at $12.30, just above the transaction price. Malhotra's prior buy-side track record at HireQuest is notable: two prior buys on 2023-12-15 each generated negative 90-day returns of -25.8% and -25.2%, with 0 of 2 prior buys well-timed at the 90-day mark. His cross-ticker open-market history shows 2 prior buys with an average 90-day return of -25.5% and a 90-day win rate of 0.00%. This transaction occurs while HireQuest shows reasonable fundamentals—revenue of $8,419,000.00, net income of $1,619,000.00, annual revenue growth of +22.4%, and a P/E of 33.24—but enters a pattern of underwater positions at this ticker.

HireQuest CEO Hermanns Richard bought 1,062 shares at $12.22 on 2024-06-20; stock now -56.6% from 52-week high of $28.24.

Hermanns Richard, President and CEO, purchased 1,062 shares at $12.22, adding modestly to his 3,059,900-share post-transaction position. The stock has declined 4.3% over the past 30 days and 3.2% over 90 days, and currently trades 56.6% below its 52-week high of $28.24. His cross-ticker track record shows 8 prior buys with a 0.00% 90-day win rate and average 90-day return of -22.7%, providing no evidence of well-timed entry decisions historically. At HireQuest specifically, the insider has executed 5 prior trades in rapid succession (three in June, two in May 2024), with measurable 30-day outcomes of -3.4% and -5.2% on his two earlier purchases. The company's fundamentals show $8.4M quarterly revenue (+22.4% annual growth), $1.6M net income, and a high 33.11 P/E ratio on a $171.5M market cap, suggesting the current depressed price may reflect market sentiment rather than operational distress.

HireQuest CEO Hermanns Richard buys 46 shares at $12.50; stock off 56.6% from 52-week high at $28.24.

CEO Richard Hermanns purchased 46 shares at $12.50 on 2024-06-17, adding minimally to his existing 3,058,792-share position (+0.0% relative increase). The transaction occurs as HireQuest stock trades at $12.25, down 56.6% from its 52-week high of $28.24. His cross-ticker buy track record shows an 0.00% 90-day win rate with an average 90-day return of -22.7%, and his five prior purchases at HireQuest remain in early stages with only one showing a +0.2% 30-day return. The purchase is modest in size relative to his existing holdings, and at current price levels reflecting a significant recent decline, the transaction warrants observation against HireQuest's fundamentals: $8.4M quarterly revenue with +22.4% annual growth and $1.6M net income, supporting a 33.11 P/E ratio on a $171.5M market cap.