The CFO & Secretary of H&E Equipment Services (NASDAQ: HEES) is Selling Shares

Today, the CFO & Secretary of H&E Equipment Services (NASDAQ: HEES), Leslie Magee, sold shares of HEES for $849K.

In addition to Leslie Magee, one other HEES executive reported Sell trades in the last month.

Based on H&E Equipment Services’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $295 million and quarterly net profit of $85.93 million. In comparison, last year the company earned revenue of $244 million and had a net profit of $12.43 million. The company has a one-year high of $44.24 and a one-year low of $17.44. HEES’s market cap is $1.53B and the company has a P/E ratio of 13.98.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $45.67, reflecting a -6.9% downside.

The insider sentiment on H&E Equipment Services has been negative according to 19 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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H&E Equipment Services, Inc. provides integrated equipment services in the United States focused on heavy construction and industrial equipment. It rents, sells and provides parts and service support for four core categories of specialized equipment: hi-lift or aerial work platform equipment; cranes; earthmoving equipment; and industrial lift trucks.