Key Points
- EVP Heidi Diane Lewis sold 13,456 shares on Dec. 15 at $8.50 for $114,376, leaving her with 140,742 shares (an 8.73% reduction); she has sold a total of 43,712 shares across Sep–Dec.
- Target Hospitality shares trade around $8.43 (one‑year range $4.00–$11.10) with a market cap of ~$840.7M; the company beat EPS and revenue estimates last quarter but still reported a negative net margin, and analysts have an average rating of Moderate Buy with a $13 price target.
Target Hospitality Corp. (NASDAQ:TH - Get Free Report) EVP Heidi Diane Lewis sold 13,456 shares of the firm's stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $8.50, for a total value of $114,376.00. Following the transaction, the executive vice president directly owned 140,742 shares of the company's stock, valued at $1,196,307. This represents a 8.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Heidi Diane Lewis also recently made the following trade(s):
- On Monday, November 17th, Heidi Diane Lewis sold 9,000 shares of Target Hospitality stock. The stock was sold at an average price of $6.70, for a total transaction of $60,300.00.
- On Monday, October 20th, Heidi Diane Lewis sold 9,000 shares of Target Hospitality stock. The shares were sold at an average price of $7.09, for a total transaction of $63,810.00.
- On Monday, September 22nd, Heidi Diane Lewis sold 12,256 shares of Target Hospitality stock. The stock was sold at an average price of $8.71, for a total transaction of $106,749.76.
Target Hospitality Price Performance
Shares of NASDAQ TH traded up $0.06 during midday trading on Thursday, reaching $8.43. The company's stock had a trading volume of 9,476 shares, compared to its average volume of 548,854. Target Hospitality Corp. has a one year low of $4.00 and a one year high of $11.10. The company has a market cap of $840.65 million, a price-to-earnings ratio of -76.54 and a beta of 1.32. The company has a 50 day moving average price of $7.44 and a 200 day moving average price of $7.77. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.01.
Target Hospitality (NASDAQ:TH - Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.03. The firm had revenue of $99.36 million for the quarter, compared to analyst estimates of $85.30 million. Target Hospitality had a negative net margin of 3.08% and a negative return on equity of 1.78%. On average, equities research analysts expect that Target Hospitality Corp. will post 0.65 EPS for the current year.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on TH shares. Wall Street Zen raised Target Hospitality from a "sell" rating to a "hold" rating in a research report on Saturday, November 15th. Weiss Ratings restated a "sell (d)" rating on shares of Target Hospitality in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $13.00.
Read Our Latest Analysis on Target Hospitality
Institutional Trading of Target Hospitality
Hedge funds have recently modified their holdings of the business. Tudor Investment Corp ET AL boosted its position in shares of Target Hospitality by 29.4% in the third quarter. Tudor Investment Corp ET AL now owns 291,903 shares of the company's stock worth $2,475,000 after buying an additional 66,322 shares during the period. Saranac Partners Ltd purchased a new stake in Target Hospitality in the 3rd quarter worth about $254,000. IFP Advisors Inc lifted its stake in Target Hospitality by 88.0% in the 3rd quarter. IFP Advisors Inc now owns 4,002 shares of the company's stock worth $35,000 after acquiring an additional 1,873 shares in the last quarter. Philosophy Capital Management LLC boosted its position in Target Hospitality by 43.4% during the 3rd quarter. Philosophy Capital Management LLC now owns 365,026 shares of the company's stock worth $3,095,000 after acquiring an additional 110,533 shares during the period. Finally, Kore Advisors LP grew its stake in Target Hospitality by 22.5% during the 3rd quarter. Kore Advisors LP now owns 324,795 shares of the company's stock valued at $2,754,000 after acquiring an additional 59,726 shares in the last quarter. Hedge funds and other institutional investors own 32.40% of the company's stock.
Target Hospitality Company Profile
(
Get Free Report)
Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company operates through two segments, Hospitality & Facilities Services - South and Government. It owns a network of specialty rental accommodation units. In addition, the company provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation facilities, workforce community management, concierge, and laundry services.
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