General Finance Corporation (NASDAQ:GFN) CEO Ronald Valenta bought 2,900 shares of the stock in a transaction that occurred on Monday, September 25th. The stock was acquired at an average cost of $4.98 per share, for a total transaction of $14,442.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Ronald Valenta also recently made the following trade(s):

  • On Thursday, September 21st, Ronald Valenta bought 822 shares of General Finance Corporation stock. The stock was acquired at an average cost of $5.02 per share, for a total transaction of $4,126.44.
  • On Wednesday, September 20th, Ronald Valenta bought 1,180 shares of General Finance Corporation stock. The stock was acquired at an average cost of $5.00 per share, for a total transaction of $5,900.00.
  • On Friday, September 22nd, Ronald Valenta bought 12,000 shares of General Finance Corporation stock. The stock was acquired at an average cost of $5.04 per share, for a total transaction of $60,480.00.
  • On Tuesday, September 19th, Ronald Valenta bought 11,200 shares of General Finance Corporation stock. The stock was acquired at an average cost of $4.94 per share, for a total transaction of $55,328.00.
  • On Friday, September 8th, Ronald Valenta bought 10,000 shares of General Finance Corporation stock. The stock was acquired at an average cost of $5.10 per share, for a total transaction of $51,000.00.

General Finance Corporation (NASDAQ:GFN) traded down 0.99% during mid-day trading on Monday, reaching $5.00. 5,579 shares of the company were exchanged. The company’s 50 day moving average price is $4.85 and its 200-day moving average price is $4.95. General Finance Corporation has a 12-month low of $4.00 and a 12-month high of $5.90. The stock’s market capitalization is $133.06 million.

General Finance Corporation (NASDAQ:GFN) last released its quarterly earnings results on Wednesday, September 6th. The business services provider reported ($0.07) EPS for the quarter, hitting analysts’ consensus estimates of ($0.07). General Finance Corporation had a negative net margin of 0.90% and a negative return on equity of 1.37%. The business had revenue of $73.34 million for the quarter, compared to analyst estimates of $70.95 million. On average, equities research analysts forecast that General Finance Corporation will post ($0.15) earnings per share for the current fiscal year.

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A number of large investors have recently added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. increased its position in General Finance Corporation by 6.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 31,300 shares of the business services provider’s stock worth $161,000 after acquiring an additional 1,900 shares during the period. Citadel Advisors LLC bought a new position in General Finance Corporation in the 2nd quarter valued at about $134,000. Gagnon Securities LLC bought a new position in General Finance Corporation in the 2nd quarter valued at about $10,892,000. Finally, Renaissance Technologies LLC increased its holdings in General Finance Corporation by 25.4% in the 1st quarter. Renaissance Technologies LLC now owns 35,972 shares of the business services provider’s stock valued at $183,000 after buying an additional 7,276 shares during the period. 19.11% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms recently weighed in on GFN. Zacks Investment Research cut shares of General Finance Corporation from a “hold” rating to a “sell” rating in a research note on Friday. Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of General Finance Corporation in a research note on Wednesday, September 20th. TheStreet raised shares of General Finance Corporation from a “d” rating to a “c-” rating in a research note on Wednesday, September 6th. Finally, ValuEngine raised shares of General Finance Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, September 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $7.60.

About General Finance Corporation

General Finance Corporation is a specialty rental services company. The Company offers a range of portable storage units, including its core 20-feet and 40-feet steel containers, office container, mobile office and modular space products and steel tanks. It has two geographic areas that include its four operating segments: the Asia-Pacific area, consisting of the leasing operations of Royal Wolf Holdings Limited and its Australian and New Zealand subsidiaries (Royal Wolf), and North America, consisting of the combined leasing operations of Pac-Van, Inc and its Canadian subsidiary, PV Acquisition Corp.

Insider Buying and Selling by Quarter for General Finance Corporation (NASDAQ:GFN)

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