Alta Equipment Group Inc (ALTG) receives a Buy rating from B. Riley Securities

Alta Equipment Group Inc’s recently made public that its Director STUDDERT ANDREW P acquired Company’s shares for reported $32348.0 on May 29 ’25. In the deal valued at $4.80 per share,6,743 shares were bought. As a result of this transaction, STUDDERT ANDREW P now holds 93,334 shares worth roughly $0.57 million.

Then, STUDDERT ANDREW P bought 3,257 shares, generating $15,650 in total proceeds. Upon buying the shares at $4.80, the Director now owns 96,591 shares.

Before that, Brubaker Craig sold 5,294 shares. Alta Equipment Group Inc shares valued at $26,471 were divested by the Chief Operating Officer at a price of $5.00 per share. As a result of the transaction, Brubaker Craig now holds 98,640 shares, worth roughly $0.6 million.

A number of analysts have revised their coverage, including Northland Capital’s analysts, who decreased its forecast for the stock in mid November from “an Outperform” to “a Market perform”. Northland Capital began covering ALTG with “an Outperform” recommendation on September 23, 2022. B. Riley Securities maintained its rating on January 04, 2022. It rated ALTG as “a Buy”.

Price Performance Review of ALTG

On Tuesday, Alta Equipment Group Inc [NYSE:ALTG] saw its stock fall -4.08% to $6.12. Over the last five days, the stock has lost -3.01%. Alta Equipment Group Inc shares have fallen nearly -6.42% since the year began. Nevertheless, the stocks have fallen -30.30% over the past one year. While a 52-week high of $11.39 was reached on 02/13/25, a 52-week low of $3.54 was recorded on 04/04/25.

Levels Of Support And Resistance For ALTG Stock

The 24-hour chart illustrates a support level at 6.00, which if violated will result in even more drops to 5.87. On the upside, there is a resistance level at 6.33. A further resistance level may holdings at 6.53.

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