Heartland Express (HTLD)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	45.56 mm	45.56 mm	45.56 mm	45.56 mm	45.56 mm	45.56 mm
Cash burn (monthly)	(no burn)	(no burn)	3.31 mm	3.77 mm	(no burn)	(no burn)
Cash used (since last report)	n/a	n/a	14.85 mm	16.90 mm	n/a	n/a
Cash remaining	n/a	n/a	30.71 mm	28.65 mm	n/a	n/a
Runway (months of cash)	n/a	n/a	9.3	7.6	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

HTLD institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	178	167	+6.6%
Opened positions	28	25	+12.0%
Closed positions	17	17	–
Increased positions	52	59	-11.9%
Reduced positions	61	55	+10.9%

13F shares	Current	Prev Q	Change
Total value	436.65 bn	480.90 bn	-9.2%
Total shares	79.07 mm	79.44 mm	-0.5%
Total puts	5.00 k	4.10 k	+22.0%
Total calls	45.70 k	18.70 k	+144.4%
Total put/call ratio	0.1	0.2	-50.1%

Largest owners	Shares	Value	Change
HTLD Heartland Express	16.42 mm	$0.00	0.0%
Gerdin Ann S	10.45 mm	$115.33 mm	0.0%
American Century Investment Management	8.42 mm	$0.00	0.0%
BLK BlackRock	6.99 mm	$78.38 bn	+1.2%
Vanguard	4.89 mm	$54.81 bn	-0.6%
2009 Gerdin Heartland Trust, UTA July 15, 2009	4.28 mm	$0.00	0.0%
Dimensional Fund Advisors	3.51 mm	$39.34 bn	+3.6%
ArrowMark Colorado	2.88 mm	$32.27 bn	-1.5%
STT State Street	1.90 mm	$21.40 bn	+4.5%
American Century Companies	1.53 mm	$17.17 bn	-31.5%

Largest transactions	Shares	Bought/sold	Change
American Century Companies	1.53 mm	-702.87 k	-31.5%
Burgundy Asset Management	0.00	-462.78 k	EXIT
Weiss Asset Management	108.25 k	-431.98 k	-80.0%
BK The Bank of New York Mellon Corporation	887.19 k	-293.77 k	-24.9%
IVZ Invesco	591.76 k	+285.84 k	+93.4%
Brandywine Global Investment Management	240.08 k	+240.08 k	NEW
Dean Investment Associates	130.03 k	-201.77 k	-60.8%
Two Sigma Advisers	560.30 k	+200.10 k	+55.6%
Nuveen Asset Management	472.99 k	-195.34 k	-29.2%
First Trust Advisors	0.00	-191.95 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

HTLD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Dec 25	Ann S. Gerdin Revocable Trust	Common Stock	Gift	Dispose G	No	No	0	10,000,000	0.00	4,465,076
1 Dec 25	Gerdin Michael J	Common Stock	Gift	Acquire G	Yes	No	0	10,000,000	0.00	14,474,456
1 Dec 25	Gerdin Michael J	Common Stock	Gift	Dispose G	Yes	No	0	10,000,000	0.00	4,465,076
22 Oct 25	David Paul Millis	Common Stock	Payment of exercise	Dispose F	No	No	8.37	3,929	32.89 k	56,736.92
22 Oct 25	David Paul Millis	Common Stock	Grant	Acquire A	No	No	0	11,947	0.00	60,665.92
1 Oct 25	Joshua Stefan Helmich	Common Stock	Payment of exercise	Dispose F	No	No	8.33	70	583.10	7,613
1 Oct 25	Kent Daryl Rigdon	Common Stock	Payment of exercise	Dispose F	No	No	8.33	70	583.10	1,027

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.