General Finance Co. (NASDAQ:GFN) General Counsel Christopher A. Wilson sold 2,623 shares of the stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $7.18, for a total value of $18,833.14. Following the sale, the general counsel now directly owns 99,675 shares of the company’s stock, valued at $715,666.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
General Finance Co. (GFN) traded up $0.05 during midday trading on Monday, reaching $7.15. The company had a trading volume of 19,939 shares, compared to its average volume of 29,515. General Finance Co. has a 12-month low of $4.50 and a 12-month high of $7.50. The stock has a market cap of $189.73, a P/E ratio of -64.55 and a beta of 1.13. The company has a quick ratio of 1.07, a current ratio of 1.59 and a debt-to-equity ratio of 3.88.
General Finance (NASDAQ:GFN) last released its quarterly earnings data on Tuesday, February 6th. The business services provider reported $0.08 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.12. The firm had revenue of $92.13 million during the quarter, compared to the consensus estimate of $78.80 million. General Finance had a return on equity of 0.39% and a net margin of 0.18%. equities research analysts anticipate that General Finance Co. will post -0.05 earnings per share for the current year.
A number of institutional investors have recently added to or reduced their stakes in the business. Valeo Financial Advisors LLC purchased a new position in General Finance during the third quarter worth $754,000. Renaissance Technologies LLC increased its position in General Finance by 83.3% during the fourth quarter. Renaissance Technologies LLC now owns 134,000 shares of the business services provider’s stock worth $911,000 after buying an additional 60,900 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in General Finance by 47.2% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 46,075 shares of the business services provider’s stock worth $233,000 after buying an additional 14,775 shares in the last quarter. Millennium Management LLC purchased a new position in General Finance during the fourth quarter worth $265,000. Finally, Litman Gregory Asset Management LLC increased its position in General Finance by 46.9% during the fourth quarter. Litman Gregory Asset Management LLC now owns 34,827 shares of the business services provider’s stock worth $237,000 after buying an additional 11,111 shares in the last quarter. 20.37% of the stock is owned by institutional investors.
About General Finance
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.
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