Rush Enterprises, Inc. (NASDAQ:RUSHB) Stake Held by Spark Investment Management LLC
Spark Investment Management LLC maintained its position in Rush Enterprises, Inc. (NASDAQ:RUSHB) during the second quarter, Holdings Channel reports. The firm owned 18,100 shares of the company’s stock at the end of the second quarter. Spark Investment Management LLC’s holdings in Rush Enterprises were worth $659,000 at the end of the most recent reporting period.
Separately, Public Employees Retirement Association of Colorado purchased a new position in Rush Enterprises during the second quarter worth approximately $397,000. 12.96% of the stock is owned by hedge funds and other institutional investors.
Rush Enterprises, Inc. (NASDAQ:RUSHB) opened at 36.85 on Friday. The firm has a market capitalization of $1.45 billion, a P/E ratio of 23.26 and a beta of 1.01. Rush Enterprises, Inc. has a 1-year low of $22.14 and a 1-year high of $40.99. The company has a 50-day moving average price of $37.13 and a 200-day moving average price of $33.58.
Separately, TheStreet upgraded Rush Enterprises from a “c+” rating to a “b” rating in a research note on Wednesday, April 26th.
About Rush Enterprises
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.
Want to see what other hedge funds are holding RUSHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rush Enterprises, Inc. (NASDAQ:RUSHB).
Receive News & Ratings for Rush Enterprises Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rush Enterprises Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.