TH - Target Hospitality Recent Insider Activity | Benzinga
Making a noteworthy insider sell on April 10, Heidi D. Lewis, EVP at Target Hospitality (NASDAQ:TH), is reported in the latest SEC filing.
What Happened: Lewis's recent move involves selling 54,348 shares of Target Hospitality. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value is $592,393.
At Thursday morning, Target Hospitality shares are up by 0.14%, trading at $10.88.
About Target Hospitality
Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. Its operating segment includes HFS-South and HFS-Midwest; Government; TCPL Keystone and others. It generates a majority of its revenue from the Government segment which consists of specialty rental and vertically integrated hospitality services revenue from customers with Government contracts located in Texas.
Key Indicators: Target Hospitality's Financial Health
Negative Revenue Trend: Examining Target Hospitality's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -17.2% in revenue ...