Co-CEO Hirsch bought 9,225 shares of HLNE at $107.13; stock down 42.0% from 52-week high. Cluster: 4 other insiders also bought in past 14 days.
Hirsch Erik R., Co-Chief Executive Officer, purchased 9,225 shares at $107.13 on 2026-02-20, increasing his holdings by 15.1% to 70,494 shares total. The purchase occurs as HLNE trades at $101.75, down 42.0% from its 52-week high of $175.49 and down 31.9% over the past 30 days. The company posted strong recent fundamentals with Revenue $198,589,000.00 and Net income $58,372,000.00 in its latest quarter, alongside 28.7% annual revenue growth. This transaction is part of a cluster pattern: 4 other insiders also bought within the past 14 days, suggesting coordinated insider accumulation during a period of significant stock decline. The combination of management-level purchasing activity, sustained operational strength, and multi-insider concurrent buying merits investor attention as a potential signal of insider perspective on valuation during volatility.