Target Hospitality Corp. (NYSE:TH) Director Eli Baker bought 7,500 shares of the firm’s stock in a transaction on Monday, August 19th. The stock was bought at an average cost of $6.85 per share, for a total transaction of $51,375.00. The purchase was disclosed in a legal filing with the SEC, which is available through this link.
NYSE TH opened at $6.60 on Thursday. The firm has a 50-day moving average of $8.35. Target Hospitality Corp. has a 12 month low of $5.65 and a 12 month high of $12.11.
Target Hospitality (NYSE:TH) last posted its earnings results on Tuesday, August 13th. The company reported $0.13 EPS for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.01). The business had revenue of $81.36 million for the quarter, compared to the consensus estimate of $82.58 million.
Several institutional investors and hedge funds have recently modified their holdings of the company. Bank of Montreal Can acquired a new stake in shares of Target Hospitality during the second quarter worth about $25,000. Strs Ohio acquired a new stake in shares of Target Hospitality during the second quarter worth about $80,000. JPMorgan Chase & Co. lifted its position in shares of Target Hospitality by 885.8% during the second quarter. JPMorgan Chase & Co. now owns 11,830 shares of the company’s stock worth $107,000 after purchasing an additional 10,630 shares in the last quarter. Creative Planning acquired a new stake in shares of Target Hospitality during the second quarter worth about $138,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of Target Hospitality by 981.6% during the second quarter. Tower Research Capital LLC TRC now owns 18,204 shares of the company’s stock worth $166,000 after purchasing an additional 16,521 shares in the last quarter.
About Target Hospitality
Target Hospitality Corp., through its subsidiaries, provides specialty rental accommodations with catering and value-added hospitality services in the United States. The company was formerly known as Platinum Eagle Acquisition Corp. and changed its name to Target Hospitality Corp. in March 2019. The company is headquartered in The Woodlands, Texas.
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