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EdgarHawk

Ross Joe P.

President - Sales

Officer
1 filing analyzed · 1 company · Latest 2024-08-09

Companies

Company Buys Sells Direction
Custom Truck One Source, Inc. CTOS 1 0 Net buying

Activity

August 2024
medium
Buy
84,254 shares
$335,078
Significance 5/10

CTOS President—Sales bought 84,254 shares ($335.1K) at $3.98, raising stake 50.9% to 249.8K shares amid -41.3% YTD decline.

Ross Joe P., President—Sales, purchased 84,254 shares at $3.98, significantly expanding his holdings by 50.9% from 165,580 to 249,834 shares. The $335,078.16 purchase represents material capital deployment by a sales executive at a time when CTOS trades 41.3% below its 52-week high of $7.00 and has declined 9.3% over 90 days. The company is growing revenue at 18.6% annually but reported a net loss of $24.5M in the latest quarter against $423.0M revenue, indicating operational challenges despite top-line expansion. The insider's significant share purchase at depressed valuation levels warrants examination of whether this reflects management's assessment of value or other factors, particularly given the disconnect between revenue growth and profitability.

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