Tony Chalfant Increases Stake in HFWA

Tony Chalfant, Executive Vice President and Chief Credit Officer at HFWA, made a notable purchase of 1,316 shares of the company on June 15, 2026. The shares were bought at an average price of $28.44, amounting to a total transaction value of $37,427.04. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at HFWA

Tony Chalfant wasn't the only insider making moves. Alongside his purchase of 1,316 shares, he also sold 135 shares on the same day. Meanwhile, Amy Curran, another executive as EVP Director Commercial Lending, acquired 576 shares and sold 71 shares, both transactions occurring on June 15, 2026.

Other Institutional Activity in HFWA

Among HFWA's institutional investors, BlackRock, Inc. increased its holdings by 648,759 shares, now owning 5,561,782 shares valued at approximately $144.6 million. Jennison Associates LLC added 106,308 shares, bringing its total to 3,213,473 shares worth about $83.6 million. Victory Capital Management Inc. also grew its stake by 33,623 shares, reaching 2,469,315 shares valued at around $64.2 million. On the other hand, Dimensional Fund Advisors LP slightly reduced its position by 22,133 shares, holding 1,956,477 shares valued at $50.9 million.

Analysts Set New Price Targets

Analysts have been active in evaluating HFWA, with Piper Sandler maintaining a "buy" rating and setting a price target of $32 as of April 27, 2026. Previously, Piper Sandler had set targets of $34 and $35 earlier in the year. DA Davidson also maintains a "buy" rating, with a target of $32 as of January 23, 2026. Stephens & Co. has a "hold" rating with a $30 target.

Bottom Line

Tony Chalfant's recent purchase of HFWA shares adds to the insider activity in the company, indicating strong executive interest. Institutional investors like BlackRock and Jennison Associates have significantly increased their stakes, reflecting confidence in HFWA's prospects. Analysts continue to hold a positive outlook, with several maintaining "buy" ratings and setting price targets that suggest potential upside. As always, insider and institutional activities provide valuable insights, though investors should remember that these filings reflect past actions and may not represent current positions.