Catawba River Capital Sells 5,917 Shares of Custom Truck One Source, Inc. (NYSE:CTOS)

Catawba River Capital decreased its position in Custom Truck One Source, Inc. (NYSE:CTOS) by 0.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,349,220 shares of the company’s stock after selling 5,917 shares during the period. Custom Truck One Source makes up 3.9% of Catawba River Capital’s holdings, making the stock its 14th biggest holding. Catawba River Capital owned about 0.58% of Custom Truck One Source worth $6,490,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of CTOS. R Squared Ltd bought a new stake in shares of Custom Truck One Source during the 4th quarter valued at about $39,000. Intech Investment Management LLC acquired a new position in Custom Truck One Source in the third quarter valued at approximately $56,000. SG Americas Securities LLC bought a new position in shares of Custom Truck One Source during the 3rd quarter worth approximately $64,000. Platform Technology Partners acquired a new position in Custom Truck One Source during the 4th quarter worth approximately $66,000. Finally, FMR LLC boosted its holdings in Custom Truck One Source by 1,234.8% in the third quarter. FMR LLC now owns 28,846 shares of the company’s stock worth $100,000 after acquiring an additional 26,685 shares in the last quarter. Institutional investors own 90.07% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Oppenheimer cut their target price on Custom Truck One Source from $6.00 to $5.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th.

Custom Truck One Source Stock Performance

Shares of CTOS stock opened at $5.23 on Tuesday. Custom Truck One Source, Inc. has a 52 week low of $3.03 and a 52 week high of $7.00. The firm’s 50-day simple moving average is $5.01 and its two-hundred day simple moving average is $4.47. The company has a quick ratio of 0.19, a current ratio of 1.28 and a debt-to-equity ratio of 1.87.

Insider Buying and Selling at Custom Truck One Source

In related news, major shareholder Pe One Source Holdings, Llc acquired 8,143,635 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The shares were bought at an average cost of $4.00 per share, for a total transaction of $32,574,540.00. Following the purchase, the insider now owns 156,743,635 shares in the company, valued at $626,974,540. This trade represents a 5.48 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 5.60% of the company’s stock.

Custom Truck One Source Company Profile

Custom Truck One Source, Inc provides specialty equipment rental and sale services to the electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada. The company operates through three segments: Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS).