ALTG ALTA EQUIPMENT GROUP INC. Insider Trading

Director Nair Sidhartha purchased 4,000 shares across 4 transactions at $27,250 (blended avg $6.81); current stock $6.00, down -30.4% YTD from $8.62 high.

Director Sidhartha executed 4 separate purchases totaling 4,000 shares for $27,250.00 between March 3 and March 11, 2026, at prices ranging from $7.13 to $6.37—slightly above the current price of $6.00. This raises his holdings from 33,806 shares to 37,806 shares (+11.8%). The purchases occur in the context of material headwinds: the company reported negative net income of $-41,600,000.00 in its latest quarter, annual revenue contracted -2.2%, and the stock trades at -30.4% from its 52-week high of $8.62, down -9.6% over 30 days. The accumulation during a period of deteriorating profitability and downward price momentum warrants scrutiny regarding the director's view of current valuation versus operational trajectory.

Mill Road Capital III buys 61,960 shares at $6.09 avg; unprofitable company, -30.4% from 52-week high, 0 of 5 prior ALTG buys well-timed.

Mill Road Capital III, a 10% owner, made 2 separate purchases totaling 61,960 shares for $377,250.87 on 2026-03-12 and 2026-03-13 at a blended average price of $6.09, raising holdings to 4,373,208 shares. The company is currently unprofitable with net income of $-41,600,000.00 on revenue of $422,600,000.00, and the stock trades at $6.00—down 30.4% from its 52-week high of $8.62. Critically, Mill Road's prior same-ticker history at ALTG shows 0 of 4 prior measurable buys (dating to July 2024) delivered positive 90-day returns; the most recent prior buy (2024-08-02) resulted in -28.9% 90-day return. This filing adds to an established pattern at this ticker where the insider's entry points have consistently preceded further declines, suggesting limited success in timing accumulation decisions at ALTG despite a stronger cross-ticker track record.

10% owner Mill Road Capital III buys 18,040 shares of ALTG at $6.36; stock down -29.0% from 52-week high amid unprofitable operations.

Mill Road Capital III purchased 18,040 shares at $6.36 on 2026-03-11, expanding holdings from 4,293,208 to 4,311,248 shares. The purchase occurs as ALTG trades -29.0% below its 52-week high and -11.8% over the past 30 days, while the company reported a quarterly revenue of $422,600,000.00 and negative net income of $-41,600,000.00. At the same-ticker level, the insider's prior three purchases at ALTG (July–August 2024) posted negative 90-day returns ranging from -26.3% to -37.8%, establishing a pattern of poor 90-day timing on this stock. Critically, the current transaction price of $6.36 has already retreated to $6.12 (current), placing this purchase underwater by -3.8% within days of execution, consistent with the insider's historical difficulty timing entries at this particular ticker despite respectable cross-ticker returns elsewhere.

Director Shribman bought 40,000 ALTG shares at $5.07; prior ALTG trade underperformed with -19.2% 90d return.

Shribman Daniel, a Director, purchased 40,000 shares at $5.07 on 2025-12-08, increasing his holdings by 43.8% to 131,393 shares. His sole prior purchase at ALTG on 2023-08-14 delivered a -19.2% 90-day return, establishing a track record of poor execution timing at this ticker. The company is currently unprofitable (net income $-41.6M most recent period) with flat annual revenue growth (-0.0%), and the stock is trading 37.0% below its 52-week high of $8.62. This accumulation occurs in a materially challenged operating environment, with the insider's historical pattern at ALTG offering no evidence of predictive insight into favorable entry points.

Director Andrew P Studdert bought 10,000 shares at $4.80 across 2 transactions for $47,998.08, raising holdings 11.5%

Director Andrew P Studdert purchased 10,000 shares totaling $47,998.08 at a blended average price of $4.80 across 2 transactions on 2025-05-29 and 2025-05-30. The purchase increases his post-transaction holdings to 96,591 shares, a net change of purchased 10,000 shares (+11.5% vs pre-transaction holdings). The current price is $4.72, only -0.6% and -0.8% lower than the 30-day and 90-day price points respectively, indicating the transaction occurred near current market levels. At ALTG specifically, Studdert's prior buy on 2024-08-12 achieved a 90-day return of +40.0%, while his 2023-08-21 buy showed -28.0%, giving a mixed record at this ticker. The company is currently unprofitable with net income of $-20,900,000.00 against revenue of $423,000,000.00, and the stock remains -57.4% from its 52-week high of $11.07.

Director STUDDERT ANDREW P bought 10,000 shares of ALTG at $5.65 on 2024-08-12; stock down 65.5% from 52-week high, already down 37.8% in 30 days.

STUDDERT ANDREW P purchased 10,000 shares at $5.65, increasing his holdings by 13.1% to 86,591 shares. The buy occurred as the stock trades at $5.59 current price, down 65.5% from its 52-week high of $16.20 and experiencing sharp momentum losses (-37.8% over 30 days, -33.7% over 90 days). Reviewing his same-ticker trade history at ALTG, his prior buy on 2023-08-21 yielded negative 90-day returns of -28.0%, and cross-ticker, his 1 prior buy averaged -28.0% over 90 days with a 0% win rate. The company is currently unprofitable (net income $-11.9M on revenue of $488.1M) despite annual revenue growth of +19.4%. Without timing context or forward guidance, the purchase reflects added personal capital deployed into a materially distressed price but against a track record of unfavorable outcomes on prior purchases.

Mill Road Capital III (10% owner) bought 94,214 shares across 2 transactions totaling $904,754.57 at blended average $9.60; stock now $8.99, down -48.8% from 52-week high.

Mill Road Capital III executed 2 separate purchases totaling 94,214 shares for $904,754.57 on consecutive days (August 1–2, 2024), increasing its stake from 3,969,494 to 4,063,708 shares. The blended average purchase price of $9.60 sits above the current price of $8.99, placing the acquisitions in a -48.8% drawdown from the 52-week high of $17.56. ALTG is currently unprofitable (net income $-11.9M in latest quarter) with a steeply elevated P/E of 49.94, despite revenue growth of +19.4% annually. The insider's cross-ticker track record shows 14.29% timing accuracy at the 90-day mark (0 of 0 prior buys were well-timed), and same-ticker outcomes at ALTG remain unmeasurable. The purchase occurred immediately after a prior buy on 2024-07-31, suggesting continued accumulation momentum into a depressed valuation environment.

Mill Road Capital III, L.P. (10% owner) bought 75.5K shares of ALTG at $10.35 on 2024-07-31, expanding stake to 3.97M shares.

Mill Road Capital III, L.P., a 10% shareholder, purchased 75,486 shares at $10.35 on 2024-07-31, bringing holdings to 3,969,494 shares—a 1.9% increase. The buy occurred 21 days after a prior purchase at ALTG on 2024-07-10, suggesting continued accumulation at this ticker. However, ALTG fundamentals are concerning: the company posted net income of $-11,900,000 on revenue of $441,600,000, yielding a negative earnings picture, and the stock is currently trading at $10.50—down 40.2% from its 52-week high of $17.56. Across the insider's broader cross-ticker history, buy timing has been weak (0 of prior 15 buys were well-timed at the 90-day mark), raising questions about whether this fresh accumulation at a depressed valuation will reverse course.

10% owner Mill Road Capital III acquires 179,414 shares of ALTG at $8.05; stock down 49.2% from 52-week high, net income negative at -$11.9M.

Mill Road Capital III, a 10% owner, purchased 179,414 shares at $8.05 on 2024-07-10, raising its holdings to 3,894,008 shares—a 4.8% increase in position size. The transaction occurred when ALTG's stock was trading 49.2% below its 52-week high of $17.66, well into a 90-day decline of -27.5%. The company's fundamentals present mixed signals: annual revenue growth stands at +19.4%, but the latest quarter shows a net loss of -$11.9M on revenue of $441.6M, and the P/E ratio of 49.89 is notably elevated. The insider's cross-ticker track record shows an average 90d return of +44.7% across 14 prior buys, though with a 90d win rate of only 14.29%—suggesting his historical timing across other stocks has been inconsistent. This purchase warrants attention given the combination of depressed price relative to recent history, ongoing operational losses, and the large position size being added to an already substantial 3.89M share stake.