Director David P Spalding buys 2,000 shares of HTLD at $15.69; company unprofitable, revenue declined -23.1% YoY
Director David P Spalding purchased 2,000 shares at $15.69, establishing an initial position in Heartland Express. The transaction occurs against a backdrop of material operational headwinds: the company generated negative net income of $-4,821,000.00 over its most recent full fiscal year and revenue contracted -23.1% year-over-year in the latest quarter. The stock has recovered +30.8% over the past 30 days and +69.0% over 90 days from depressed levels, recently trading near its 52-week high of $16.64. The purchase price of $15.69 sits within the upper range of the 52-week window ($7.00–$16.64), suggesting the director acquired shares after substantial recovery from trough valuations rather than at distressed levels.