The President & COO of H&E Equipment Services (NASDAQ: HEES) is Selling Shares

Today, the President & COO of H&E Equipment Services (NASDAQ: HEES), Bradley Barber, sold shares of HEES for $982.8K.

In addition to Bradley Barber, 2 other HEES executives 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 $1.49B and the company has a P/E ratio of 13.59.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $45.67, reflecting a -7.8% downside.

The insider sentiment on H&E Equipment Services has been negative according to 21 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Bradley Barber’s trades have generated a 6.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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.