Rush Enterprises, Inc. (NASDAQ:RUSHA) SVP James E. Thor sold 24,200 shares of the business’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $48.70, for a total value of $1,178,540.00. Following the sale, the senior vice president now owns 39,032 shares in the company, valued at $1,900,858.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Rush Enterprises, Inc. (NASDAQ:RUSHA) traded up $0.24 on Thursday, hitting $49.78. The stock had a trading volume of 126,000 shares, compared to its average volume of 218,982. Rush Enterprises, Inc. has a 1 year low of $28.73 and a 1 year high of $54.11. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.16 and a quick ratio of 0.29. The stock has a market cap of $1,973.38, a PE ratio of 25.67, a P/E/G ratio of 1.59 and a beta of 1.20.

Rush Enterprises (NASDAQ:RUSHA) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.25. Rush Enterprises had a return on equity of 8.82% and a net margin of 1.74%. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.21 billion. research analysts expect that Rush Enterprises, Inc. will post 2.08 EPS for the current fiscal year.

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Several equities analysts recently commented on the company. BidaskClub cut Rush Enterprises from a “buy” rating to a “hold” rating in a research report on Saturday, August 12th. Zacks Investment Research upgraded Rush Enterprises from a “hold” rating to a “strong-buy” rating and set a $53.00 target price for the company in a research report on Wednesday, October 18th. Buckingham Research assumed coverage on Rush Enterprises in a research report on Tuesday, September 5th. They set a “neutral” rating and a $40.00 target price for the company. Stifel Nicolaus boosted their target price on Rush Enterprises from $41.00 to $45.00 and gave the stock a “hold” rating in a research report on Monday, October 30th. Finally, ValuEngine upgraded Rush Enterprises from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Five analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. Rush Enterprises currently has an average rating of “Hold” and an average target price of $46.00.

Several institutional investors and hedge funds have recently bought and sold shares of RUSHA. Castleark Management LLC purchased a new stake in Rush Enterprises during the 2nd quarter valued at about $8,598,000. Vanguard Group Inc. raised its position in Rush Enterprises by 8.5% during the 2nd quarter. Vanguard Group Inc. now owns 2,939,802 shares of the company’s stock valued at $109,302,000 after purchasing an additional 230,463 shares during the last quarter. Intrinsic Edge Capital Management LLC bought a new position in Rush Enterprises during the 2nd quarter valued at approximately $6,864,000. Boston Advisors LLC bought a new position in Rush Enterprises during the 2nd quarter valued at approximately $6,084,000. Finally, ClariVest Asset Management LLC bought a new position in Rush Enterprises during the 2nd quarter valued at approximately $5,470,000. Hedge funds and other institutional investors own 74.36% of the company’s stock.

Rush Enterprises Company Profile

Rush Enterprises, Inc is an integrated retailer of commercial vehicles and related services. The Company operates through the Truck Segment, which includes its operation of a regional network of commercial vehicle dealerships under the name Rush Truck Centers. Through its Rush Truck Centers, it offers services, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products.

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