General Finance Co. Common Stock (NASDAQ:GFN) major shareholder Leeann R. Havner acquired 1,072 shares of the firm’s stock in a transaction that occurred on Monday, August 13th. The stock was purchased at an average cost of $13.99 per share, for a total transaction of $14,997.28. Following the completion of the purchase, the insider now directly owns 691,795 shares of the company’s stock, valued at $9,678,212.05. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

NASDAQ:GFN traded up $0.30 during mid-day trading on Friday, reaching $13.80. The stock had a trading volume of 836 shares, compared to its average volume of 72,740. The stock has a market capitalization of $369.25 million, a price-to-earnings ratio of -54.20, a price-to-earnings-growth ratio of 10.91 and a beta of 1.14. The company has a debt-to-equity ratio of 3.89, a current ratio of 1.56 and a quick ratio of 1.12. General Finance Co. Common Stock has a 12 month low of $4.55 and a 12 month high of $14.15.

A number of research analysts recently issued reports on GFN shares. ValuEngine raised shares of General Finance Co. Common Stock from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, May 2nd. DA Davidson set a $13.00 price objective on shares of General Finance Co. Common Stock and gave the company a “buy” rating in a research note on Thursday, May 10th. Finally, Zacks Investment Research raised shares of General Finance Co. Common Stock from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Wednesday, June 27th. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $14.00.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC grew its stake in shares of General Finance Co. Common Stock by 80.5% during the second quarter. Renaissance Technologies LLC now owns 436,315 shares of the business services provider’s stock worth $5,912,000 after buying an additional 194,615 shares during the last quarter. BlackRock Inc. grew its stake in shares of General Finance Co. Common Stock by 1,611.3% during the second quarter. BlackRock Inc. now owns 489,221 shares of the business services provider’s stock worth $6,629,000 after buying an additional 460,633 shares during the last quarter. Royce & Associates LP grew its stake in shares of General Finance Co. Common Stock by 111.6% during the second quarter. Royce & Associates LP now owns 45,025 shares of the business services provider’s stock worth $610,000 after buying an additional 23,748 shares during the last quarter. Spark Investment Management LLC grew its stake in shares of General Finance Co. Common Stock by 137.3% during the second quarter. Spark Investment Management LLC now owns 26,100 shares of the business services provider’s stock worth $353,000 after buying an additional 15,100 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. bought a new stake in shares of General Finance Co. Common Stock during the second quarter worth $244,000. 22.07% of the stock is currently owned by hedge funds and other institutional investors.

General Finance Co. Common Stock Company Profile

General Finance Corporation, a specialty rental services company, provides portable storage, modular space, and liquid containment solutions in North America and the Asia-Pacific regions. Its portable storage products include storage containers used in classroom equipment storage, construction equipment and tool storage, disaster shelters, landscaping sheds, recreational equipment storage, and retail inventory storage applications; and freight containers used in freight transportation by road and rail.

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Insider Buying and Selling by Quarter for General Finance Co. Common Stock (NASDAQ:GFN)

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