General Finance Co. Common Stock (NASDAQ:GFN) major shareholder Neil Gagnon sold 61,020 shares of the business’s stock in a transaction dated Tuesday, August 28th. The stock was sold at an average price of $14.15, for a total value of $863,433.00. Following the transaction, the insider now directly owns 682,633 shares of the company’s stock, valued at approximately $9,659,256.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Neil Gagnon also recently made the following trade(s):

  • On Monday, August 20th, Neil Gagnon sold 21,192 shares of General Finance Co. Common Stock stock. The stock was sold at an average price of $14.00, for a total value of $296,688.00.
  • On Wednesday, July 25th, Neil Gagnon sold 18,013 shares of General Finance Co. Common Stock stock. The stock was sold at an average price of $14.00, for a total value of $252,182.00.
  • On Friday, July 20th, Neil Gagnon sold 8,509 shares of General Finance Co. Common Stock stock. The stock was sold at an average price of $14.00, for a total value of $119,126.00.
  • On Monday, July 23rd, Neil Gagnon sold 14,601 shares of General Finance Co. Common Stock stock. The stock was sold at an average price of $14.00, for a total value of $204,414.00.
  • On Monday, June 11th, Neil Gagnon sold 196,344 shares of General Finance Co. Common Stock stock. The stock was sold at an average price of $11.12, for a total value of $2,183,345.28.
  • On Wednesday, June 6th, Neil Gagnon sold 14,223 shares of General Finance Co. Common Stock stock. The stock was sold at an average price of $11.10, for a total value of $157,875.30.
  • On Monday, June 4th, Neil Gagnon sold 15,952 shares of General Finance Co. Common Stock stock. The stock was sold at an average price of $11.11, for a total value of $177,226.72.

Shares of NASDAQ GFN opened at $13.45 on Friday. General Finance Co. Common Stock has a 12 month low of $4.55 and a 12 month high of $14.45. The company has a current ratio of 1.56, a quick ratio of 1.12 and a debt-to-equity ratio of 3.89.

Several brokerages have recently commented on GFN. Zacks Investment Research lowered General Finance Co. Common Stock from a “buy” rating to a “hold” rating in a report on Wednesday, July 18th. DA Davidson set a $13.00 price objective on General Finance Co. Common Stock and gave the stock a “buy” rating in a report on Thursday, May 10th. Two research 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 stock. The company has a consensus rating of “Buy” and an average price target of $14.00.

A number of institutional investors and hedge funds have recently modified their holdings of GFN. Virtu Financial LLC purchased a new stake in General Finance Co. Common Stock in the second quarter worth approximately $162,000. Russell Investments Group Ltd. purchased a new stake in General Finance Co. Common Stock in the second quarter worth approximately $206,000. Deutsche Bank AG boosted its stake in General Finance Co. Common Stock by 118.5% in the fourth quarter. Deutsche Bank AG now owns 31,246 shares of the business services provider’s stock worth $212,000 after buying an additional 16,944 shares in the last quarter. Schwab Charles Investment Management Inc. purchased a new stake in General Finance Co. Common Stock in the second quarter worth approximately $244,000. Finally, Millennium Management LLC purchased a new stake in General Finance Co. Common Stock in the fourth quarter worth approximately $265,000. 23.44% of the stock is owned by institutional investors and hedge funds.

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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