Custom Truck One Source Inc’s recent filing unveils that its 10% Owner PE One Source Holdings, LLC acquired Company’s shares for reported $32.57 million on Jan 30 ’25. In the deal valued at $4.00 per share,8,143,635 shares were bought. As a result of this transaction, PE One Source Holdings, LLC now holds 156,743,635 shares worth roughly $663.03 million.
Then, PLATINUM EQUITY, LLC bought 8,143,635 shares, generating $32,574,540 in total proceeds. Upon buying the shares at $4.00, the 10% Owner now owns 156,743,635 shares.
Before that, ECP ControlCo, LLC sold 2,354,109 shares. Custom Truck One Source Inc shares valued at $8,051,053 were divested by the 10% Owner at a price of $3.42 per share. As a result of the transaction, ECP ControlCo, LLC now holds 23,384,879 shares, worth roughly $98.92 million.
Robert W. Baird downgraded its Custom Truck One Source Inc [CTOS] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including DA Davidson’s analysts, who began to cover the stock in mid February with a ‘”a Buy”‘ rating. JP Morgan began covering CTOS with “Neutral” recommendation on December 13, 2022. Deutsche Bank started covering the stock on March 30, 2022. It rated CTOS as “a Buy”.
Price Performance Review of CTOS
On Tuesday, Custom Truck One Source Inc [NYSE:CTOS] saw its stock jump 1.93% to $4.23. Over the last five days, the stock has gained 10.16%. Custom Truck One Source Inc shares have fallen nearly -12.06% since the year began. Nevertheless, the stocks have fallen -17.54% over the past one year. While a 52-week high of $6.11 was reached on 03/05/25, a 52-week low of $3.03 was recorded on 04/07/25. SMA at 50 days reached $4.34, while 200 days put it at $4.46.
Levels Of Support And Resistance For CTOS Stock
The 24-hour chart illustrates a support level at 4.03, which if violated will result in even more drops to 3.83. On the upside, there is a resistance level at 4.35. A further resistance level may holdings at 4.46. The Relative Strength Index (RSI) on the 14-day chart is 53.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 14.35%. Stochastics %K at 86.61% indicates the stock is a selling.
How much short interest is there in Custom Truck One Source Inc?
A steep rise in short interest was recorded in Custom Truck One Source Inc stocks on 2025-04-15, growing by 0.76 million shares to a total of 5.13 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 4.37 million shares. There was a rise of 14.82%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 14, 2022 when Robert W. Baird began covering the stock and recommended ‘”an Outperform”‘ rating along with a $11 price target.
