Transmarket Holdings LP Buys New Position in Rush Enterprises, Inc. $RUSHA

Transmarket Holdings LP bought a new stake in shares of Rush Enterprises, Inc. (NASDAQ:RUSHA) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 115,437 shares of the company’s stock, valued at approximately $5,288,000. Rush Enterprises makes up about 3.0% of Transmarket Holdings LP’s holdings, making the stock its 7th largest position.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Jennison Associates LLC increased its holdings in Rush Enterprises by 166.4% in the 1st quarter. Jennison Associates LLC now owns 1,121,450 shares of the company’s stock worth $74,139,000 after acquiring an additional 700,511 shares in the last quarter. Janus Henderson Group PLC raised its position in Rush Enterprises by 83.9% during the first quarter. Janus Henderson Group PLC now owns 724,410 shares of the company’s stock worth $47,920,000 after acquiring an additional 330,553 shares during the period. EULAV Asset Management lifted its holdings in Rush Enterprises by 59.7% during the third quarter. EULAV Asset Management now owns 608,071 shares of the company’s stock valued at $27,856,000 after purchasing an additional 227,352 shares in the last quarter. SEB Asset Management AB purchased a new position in Rush Enterprises during the first quarter valued at $11,286,000. Finally, Public Employees Retirement System of Ohio purchased a new position in Rush Enterprises during the second quarter valued at $8,969,000. Hedge funds and other institutional investors own 84.43% of the company’s stock.

Insider Buying and Selling at Rush Enterprises

In other news, CEO William M. Rusty Rush sold 161,041 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $36.02, for a total value of $5,801,054.69. Following the completion of the sale, the chief executive officer directly owned 391,846 shares in the company, valued at $14,115,163.69. This represents a 29.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Steven L. Keller sold 46,525 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $35.88, for a total transaction of $1,669,317.00. Following the completion of the transaction, the chief financial officer directly owned 189,841 shares in the company, valued at approximately $6,811,495.08. This represents a 19.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 243,062 shares of company stock worth $8,749,995 over the last three months. 12.68% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Rush Enterprises in a research note on Wednesday, October 21st. Stephens upped their price target on shares of Rush Enterprises from $40.00 to $42.22 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Zacks Research lowered shares of Rush Enterprises from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 2nd. Wall Street Zen cut Rush Enterprises from a “buy” rating to a “hold” rating in a report on Sunday, October 11th. Finally, UBS Group reiterated a “neutral” rating and issued a $56.67 price objective (up from $52.00) on shares of Rush Enterprises in a report on Tuesday, August 25th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Rush Enterprises has an average rating of “Hold” and a consensus price target of $46.00.

Rush Enterprises Stock Down 8.3%

Shares of RUSHA opened at $41.70 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.38 and a current ratio of 1.45. Rush Enterprises, Inc. has a one year low of $30.45 and a one year high of $55.74. The stock has a market capitalization of $4.87 billion, a price-to-earnings ratio of 18.84, a PEG ratio of 1.61 and a beta of 0.92. The stock has a 50 day moving average price of $47.80 and a 200 day moving average price of $36.08.

Rush Enterprises (NASDAQ:RUSHA) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.64 by $0.01. The firm had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.05 billion. Rush Enterprises had a return on equity of 11.65% and a net margin of 3.67%. Equities research analysts forecast that Rush Enterprises, Inc. will post 2.43 earnings per share for the current fiscal year.

Rush Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 11th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, November 10th. Rush Enterprises’s payout ratio is 25.34%.

Key Headlines Impacting Rush Enterprises

Here are the key news stories impacting Rush Enterprises this week:

• Positive Sentiment: Rush Enterprises delivered strong Q3 2026 results: revenue rose to $2.113 billion from $1.881 billion a year earlier, while net income increased to $78.0 million, or $0.65 per diluted share, versus $0.55. EPS exceeded the $0.64 analyst consensus and revenue surpassed estimates of $2.05 billion. Rush Enterprises Q3 2026 Results
• Positive Sentiment: Strong Class 8 truck deliveries and a 128.3% absorption ratio—indicating parts and service operations more than covered dealership operating expenses—supported quarterly profitability. Rush Enterprises Earnings Results
• Positive Sentiment: The board declared a $0.14-per-share quarterly dividend, payable December 10 to shareholders of record November 11. The $0.56 annualized payout provides ongoing shareholder income. Quarterly Cash Dividend
• Neutral Sentiment: Rush also provided an update on its previously announced equity buyback plan, though the near-term stock impact depends on the amount and timing of repurchases. Equity Buyback Plan Update
• Negative Sentiment: Management said industry-wide order intake slowed as customers await clarity on EPA 2027 emissions regulations, delaying truck purchases. This raises concerns about weaker dealership sales and earnings visibility despite the strong quarter. EPA 2027 Uncertainty and 2027 Outlook
• Negative Sentiment: The company anticipates mid-single-digit same-store growth in parts and service for 2027, which is constructive but may not fully offset a potential slowdown in new-truck demand. Q3 2026 Earnings Call Transcript

Rush Enterprises Profile

Rush Enterprises, Inc is a commercial vehicle solutions provider operating through the Rush Truck Centers network. The company sells new and used commercial trucks, including vehicles from manufacturers such as Peterbilt, International, Hino, Isuzu and Ford, along with related buses and specialty vehicles in selected markets.

In addition to vehicle sales, Rush provides parts, maintenance and repair services through its dealership network. Its offerings also include truck leasing and rentals, collision repair, mobile service, aftermarket products, and fleet-management and technology solutions designed to support commercial transportation operators.

Founded in 1965 and headquartered in New Braunfels, Texas, Rush has expanded from its original Peterbilt dealership into one of the largest commercial vehicle dealership networks in the United States.