General Finance Co. (GFN) Insider Sells $176,332.50 in Stock

General Finance Co. (NASDAQ:GFN) insider Theodore M. Mourouzis sold 11,525 shares of the stock in a transaction dated Tuesday, September 25th. The stock was sold at an average price of $15.30, for a total transaction of $176,332.50. Following the sale, the insider now directly owns 467,299 shares in the company, valued at approximately $7,149,674.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

NASDAQ:GFN traded up $0.30 during mid-day trading on Wednesday, hitting $15.60. The stock had a trading volume of 180,100 shares, compared to its average volume of 90,678. The stock has a market cap of $459.17 million, a price-to-earnings ratio of 255.00, a price-to-earnings-growth ratio of 6.01 and a beta of 1.18. General Finance Co. has a twelve month low of $4.99 and a twelve month high of $15.70. The company has a quick ratio of 1.12, a current ratio of 1.56 and a debt-to-equity ratio of 4.20.

Separately, Zacks Investment Research raised shares of General Finance from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research report on Wednesday, June 27th.

Large investors have recently modified their holdings of the stock. Virtu Financial LLC acquired a new stake in General Finance in the second quarter valued at approximately $162,000. Russell Investments Group Ltd. acquired a new stake in General Finance in the second quarter valued at approximately $206,000. Schwab Charles Investment Management Inc. acquired a new stake in General Finance in the second quarter valued at approximately $244,000. Bank of New York Mellon Corp acquired a new stake in General Finance in the second quarter valued at approximately $325,000. Finally, Spark Investment Management LLC raised its holdings in General Finance by 137.3% in the second quarter. Spark Investment Management LLC now owns 26,100 shares of the business services provider’s stock valued at $353,000 after acquiring an additional 15,100 shares in the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

General Finance 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 (NASDAQ:GFN)

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