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

Charles Schwab Investment Management Inc. trimmed its position in shares of Custom Truck One Source, Inc. (NYSE:CTOS) by 0.7% during the fourth quarter, according to the company in its most recent disclosure 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. owned 0.19% of Custom Truck One Source worth $2,133,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its stake in shares of Custom Truck One Source by 4.9% during the 3rd quarter. Jane Street Group LLC now owns 89,432 shares of the company’s stock worth $309,000 after purchasing an additional 4,155 shares during the last quarter. D.A. Davidson & CO. lifted its stake in shares of Custom Truck One Source by 20.5% during the 3rd quarter. D.A. Davidson & CO. now owns 29,240 shares of the company’s stock worth $101,000 after buying an additional 4,975 shares during the last quarter. Stoneridge Investment Partners LLC increased its stake in shares of Custom Truck One Source by 22.0% during the fourth quarter. Stoneridge Investment Partners LLC now owns 30,335 shares of the company’s stock worth $146,000 after purchasing an additional 5,478 shares during the period. R Squared Ltd bought a new stake in shares of Custom Truck One Source in the fourth quarter valued at about $39,000. Finally, SG Americas Securities LLC raised its position in shares of Custom Truck One Source by 69.4% in the fourth quarter. SG Americas Securities LLC now owns 31,523 shares of the company’s stock valued at $152,000 after buying an additional 12,913 shares in the last quarter. 90.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Custom Truck One Source Trading Down 4.2 %

Shares of CTOS stock opened at $4.45 on Friday. The company has a quick ratio of 0.19, a current ratio of 1.28 and a debt-to-equity ratio of 1.87. The firm has a market capitalization of $1.00 billion, a P/E ratio of -27.83 and a beta of 0.67. Custom Truck One Source, Inc. has a twelve month low of $3.03 and a twelve month high of $6.27. The stock’s fifty day simple moving average is $4.88 and its 200 day simple moving average is $4.58.

Insider Activity

In other news, major shareholder Pe One Source Holdings, Llc purchased 8,143,635 shares of the stock in a transaction on Thursday, January 30th. The stock was purchased at an average price of $4.00 per share, for a total transaction of $32,574,540.00. Following the acquisition, the insider now owns 156,743,635 shares in the company, valued at $626,974,540. This trade represents a 5.48 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 5.60% of the stock is currently owned by insiders.

About Custom Truck One Source

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).