Charles Schwab Investment Management Inc. Has $2.13 Million Stock Position in Custom Truck One Source, Inc. (NYSE:CTOS)

Charles Schwab Investment Management Inc. decreased its holdings in shares of Custom Truck One Source, Inc. (NYSE:CTOS) by 0.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 443,473 shares of the company’s stock after selling 2,991 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Custom Truck One Source were worth $2,133,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. R Squared Ltd bought a new stake in Custom Truck One Source in the 4th quarter worth about $39,000. Intech Investment Management LLC bought a new position in Custom Truck One Source in the 3rd quarter worth about $56,000. Platform Technology Partners purchased a new position in shares of Custom Truck One Source during the 4th quarter valued at $66,000. FMR LLC grew its holdings in shares of Custom Truck One Source by 1,234.8% during the third quarter. FMR LLC now owns 28,846 shares of the company’s stock worth $100,000 after purchasing an additional 26,685 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in shares of Custom Truck One Source by 20.5% in the 3rd quarter. D.A. Davidson & CO. now owns 29,240 shares of the company’s stock worth $101,000 after purchasing an additional 4,975 shares in the last quarter. Institutional investors and hedge funds own 90.07% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Oppenheimer lifted their target price on shares of Custom Truck One Source from $5.00 to $6.00 and gave the stock an “outperform” rating in a research note on Thursday, March 6th.

Insider Transactions at Custom Truck One Source

In related news, major shareholder Pe One Source Holdings, Llc bought 8,143,635 shares of the stock in a transaction on Thursday, January 30th. The shares were acquired at an average price of $4.00 per share, for a total transaction of $32,574,540.00. Following the purchase, the insider now owns 156,743,635 shares of the company’s stock, valued at approximately $626,974,540. The trade was a 5.48 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 5.60% of the company’s stock.

Custom Truck One Source Price Performance

Shares of NYSE CTOS opened at $4.45 on Friday. The company has a 50 day simple moving average of $4.88 and a two-hundred day simple moving average of $4.58. The company has a market capitalization of $1.00 billion, a price-to-earnings ratio of -27.83 and a beta of 0.67. Custom Truck One Source, Inc. has a fifty-two week low of $3.03 and a fifty-two week high of $6.27. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.19 and a current ratio of 1.28.

Custom Truck One Source Profile

Custom Truck One Source, Inc provides specialty equipment rental and sale services to the electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada. The company operates through three segments: Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS).